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THINK ALUMINIUM THINK AL CIRCLE
India’s leading integrated metal company ‘Shyam Metalics’ has revealed its diversification news and stepping its foot in the aluminium foil industry. The company is the largest producer of ferroalloys in terms of installed capacity in India, as of February 2021. While this week also observed Crown Holdings' release of an interim sustainability report titled "Enduring Values, Continuous Progress”. On the other side, Pakistan Aluminium Beverage Cans Limited (PABC) plans to raise around Rs3.3 billion by offering a 26% stake to institutional and ordinary investors in an initial public offering.
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The pearl-shaped island nation in South Asia, Sri Lanka recorded 375 tonnes of aluminium cans in 2018-19 and the foreign revenue expended for the import accounted for $1.70 million. The import for 2020 stood at 2440 tonnes and the expenditure remained at $2.90 million. However, when the import volume and expenditure of 2020 gets added with the existing two years, it denotes 2815 tonnes and $4.60 million respectively.
To know more: https://www.alcircle.com/news/sri-lankas-import-of-aluminium-cans-during-2018-20-displays-rapid-growth-67556
The East African nation, Tanzania’s import of aluminium foil during 2018-19 revealed 2462 tonnes and the revenue expended for the import accounted for $7.14 million. The import for 2020 stood at 2927 tonnes and the expenditure stood at $8.15 million. However, when the import volume and export of 2020 gets added to the exiting two years, it denotes 5389 tonnes and $15.29 million respectively.
The Central European nation, Poland recorded an import of 54,872 tonnes of aluminium cans during 2019-20 and the expenditure occurred for the import was accounted for $262.79 million.
Crown Holdings has released an interim sustainability report titled "Enduring Values, Continuous Progress”. The report indicates the completion of its first sustainability goals and plans for future performance based on five pillars of action with the launch of its Twentyby30 program.
To know more: https://www.alcircle.com/news/crown-holdings-publishes-sustainability-report-for-2020-plans-to-launch-new-program-67601
The leading integrated metal producing company based in India ‘Shyam Metalics’ with a focus on long steel products and ferroalloys is looking to diversify in the aluminium foil business. The company is the largest producer of ferroalloys in terms of installed capacity in India, as of February 2021.
On 18th June 2021, a statement is issued that the Pakistan Aluminium Beverage Cans Limited (PABC) plans to raise around Rs3.3 billion by offering a 26% stake to institutional and ordinary investors in an initial public offering (IPO) on the Pakistan Stock Exchange (PSX).
Ford has decided to acquire Electriphi to develop the most advanced charging and energy management experiences for commercial customers. The acquisition comes as Ford prepares for the launch of all-electric versions of two of commercial vehicles – the Transit van and F-150 pickup.
To know more: https://www.alcircle.com/news/ford-to-acquire-electriphi-for-seamless-charging-of-electric-vehicles-67613
The nation with extraordinary prosperity, Japan has achieved in the conditions of an almost total absence of minerals has recorded export of 5119 tonnes of aluminium stranded wire during 2018-19 and the revenue earnings accounted was $3.13 million. The export for 2020 stood at 9191 tonnes and the earnings remained at $4.24 million. However, when the export volume and earnings of 2020 get assorted with the preceding two years, it displays 14,310 tonnes and $7.37 million respectively.
To know more: https://www.alcircle.com/news/japans-export-of-aluminium-stranded-wire-during-2018-20-illustrates-steady-to-sharp-growth-67596
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