Aluminium extrusion 2035 demand nears 44.22Mt: Industry experts decode next decade drivers
Global aluminium extrusion demand is entering a phase with consumption projected to rise from 35.25 million tonnes in 2025 to 35.93 million tonnes in 2026 and 44.22 million tonnes by 2035, representing a 2.29 per cent CAGR. While building and construction will remain the largest end-use sector and...
Aluminium extrusion usage in building and construction to grow 1.24% CAGR through 2035, with Americas at 1.15%, Europe at 1.30% & MEA at 2.47%
What does the building and construction market mean for aluminium extrusion industry? The answer may depend less on how much the world builds and more on where it builds and what those buildings require. As construction activity picks up across regions, aluminium extrusion is set to follow - but...
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Alcoa Employees Join Expedition to Brazil and China as Earthwatch Fellows
Alcoa Foundation announced today that it will sponsor 25 employees from the Company’s operations in Australia, Brazil, Canada, China, Hungary, Iceland, Norway, Russia, Spain, Suriname and the United States on Earthwatch Institute expeditions to Brazil and China. The employees, who volunteered to...
Brazil cost worry
Thanks to the high cost of energy in the country last year Brazil increased its imports of primary aluminium by 229% from 2009 levels. In the analysis of the Brazilian Aluminum Association (Abal), energy cost and weight of the taxes made the country unattractive to new investments in aluminum...
BHP Billiton announces 2011 aluminum production result
BHP Billiton announced that the ongoing ramp up of the Alumar refinery of Brazil contributed to a seven per cent increase in total alumina production for the 2011 financial year. 9% increase in alumina production at Worsley of Australia for the quarter was associated with the processing of hydrate...
Rio Tinto to invest USD 50 million in cable plant in Paraguay
Bnamericas reported that Canadian aluminum producer Rio Tinto Alcan has pledged to invest USD 50 million to install a cable production plant in Paraguay. Mr Francisco Rivas trade and industry minister of Paraguay said that "This will fill a major void we have, as we import all the cables that we...
Argentine Stocks: Aluar Aluminio, Advance
The following companies had unusual price changes in Argentine trading. Stock symbols are in parentheses and share prices are as of 4:24 p.m. New York time. The Merval Index climbed 0.9 percent to 3,324.99. Aluar Aluminio Argentino SAIC (ALUA AF), which produces and markets aluminum products for...
Argentine Stocks: Aluar Aluminio, Advance
The following companies had unusual price changes in Argentine trading. Stock symbols are in parentheses and share prices are as of 4:24 p.m. New York time. The Merval Index climbed 0.9 percent to 3,324.99. Aluar Aluminio Argentino SAIC (ALUA AF), which produces and markets aluminum products for...
Brazil June Aluminum Output Falls 7.5% From Year Ago
Brazil June Aluminum Output Falls 7.5% From Year Ago
DJ Venezuela In Talks with 6 Japanese Cos For Stake In Venalum
The Venezuelan government said Thursday that it is in talks to buy a 20% stake in state aluminium producer CVG Venezolana de Alumino,or Venalum,which is currently held by 6 Japanese companies. In a statement on its website, the Ministry of Basic Industries and Mining said it had begun negotiations...
Alcoa named one of Brazil most sustainable companies
Alcoa in Brazil was ranked as the most sustainable company in the Metals sector and 11th overall of 100 companies considered in a study by major business media in Brazil. The list will be published in the August issue of the Brazilian national news magazine Imprensa. The annual Most Sustainable...
Brazil Government Prepares Aluminum Stimulus Package, Valor Says
The Brazilian government is preparing a stimulus package to guarantee domestic supply of aluminum so the South American country doesn’t have to depend on imports of the metal, Valor Economico said. The government is considering reducing energy costs and providing tax incentives for aluminum...
Brazil Government Prepares Aluminum Stimulus Package, Valor Says
The Brazilian government is preparing a stimulus package to guarantee domestic supply of aluminum so the South American country doesn’t have to depend on imports of the metal, Valor Economico said. The government is considering reducing energy costs and providing tax incentives for aluminum...
Worldwide rollout for xlite aluminium wheels
xlite has become a worldwide brand thanks to an exclusive trademark agreement between European distributor, Motor Wheel Service, and manufacturer Wheels India. Under the terms of the 10-year agreement, all of the forged aluminium wheels produced by Wheels India will feature xlite branding on the...
Brazilian copper and aluminum demand to grow at double digit rates in 2011
According to estimates from UK based investment bank Barclays Capital, consumption of copper and aluminum in Brazil is expected to continue growing at double digit rates in 2011. Analysts Mr Costanza Jacazio and Ms Roxana Mohammadian Molina said that "Adding to the recent strength in metal demand...
Hydro to expand aluminum extrusion operations in Brazil
Hydro will invest NOK 300 million to deploy a new extrusion press at its aluminum extrusion plant in Itu near Sao Paulo of Brazil to expand its product offerings and fulfill the local demand for high value aluminum products. Hydro supplies extruded aluminum products to local markets from its plant...
Hydro to expand aluminum extrusion operations in Brazil
Hydro will invest NOK 300 million to deploy a new extrusion press at its aluminum extrusion plant in Itu near Sao Paulo of Brazil to expand its product offerings and fulfill the local demand for high value aluminum products. Hydro supplies extruded aluminum products to local markets from its plant...
Aluminum demand to grow at double-digit rates in 2011 - Brazil
Consumption of copper and aluminum in Brazil is expected to continue growing at double-digit rates in 2011, according to estimates from UK-based investment bank Barclays Capital. "Adding to the recent strength in metal demand is, in our view, the initial stage of a strong infrastructure investment...
Suriname mega projects to create around 5,000 jobs – minister
In the coming three years, around 5000 new jobs will be created. Officially, some 1400 jobseekers are registered with the Labor Ministry (ATM). Yet ATM Minister Ginmardo Kromosoeto does not expect these new jobs to put unemployment levels at zero. The expansion of the aluminum refinery will create...
Venezuela approves USD 70 million for CVG Alcasa aluminum smelte
Worldal reported that Venezuela's government has approved USD 70 million for badly needed raw materials and replacement parts at CVG Alcasa smelter. A spokeswoman with the company said that the money has been approved, but the allocation order still has to be signed by President Mr Hugo Chavez....
