Downstream weekly recap: Jindal Aluminium invests INR150 cr to augment its Bhiwadi plant’s aluminium production
The downstream aluminium sector witnessed significant developments this week. According to Pragun Khaitan, Vice-Chairman and Managing Director of Jindal Aluminium Ltd (JAL), the company plans to spend INR 100-150 crore to increase the production capacity of its Bhiwadi plant by 60,000 tonnes annually. Japanese firm Ryobi will invest $35.2 million to build a new facility in Shizuoka Prefecture. They plan to introduce a moulding machine to produce aluminium automobile components for domestic automakers by March 2025. Gränges released its Q2 and H1 2023 results, showing resilience despite decreased demand for aluminium. Gränges Q2 sales volume decreased by 1.7%, with total sales dropping by 12.6%.
Jindal Aluminium Ltd (JAL) is plotting to spend between INR 100-150 crore to expand the production capacity of its Bhiwadi plant by 60,000 tonnes per annum, according to Pragun Khaitan, the company's vice-chairman and managing director.
To know more: https://www.alcircle.com/news/jindal-aluminium-invests-inr-150-cr-to-augment-the-capacity-of-its-bhiwadi-plant-96509
A first day full of novelties is taking shape at the 12th ALUMINIUM TWO THOUSAND World Congress and the 7th ICEB (International Conference on Extrusion and Benchmark) in Bologna (Royal Hotel Carlton) September 19-23, 2023.
The metal industry around the world, including aluminium, is looking forward to the much-awaited upcoming event UK Metals Expo 2023, to be held on September 13-14, 2023, at the NEC Birmingham. It is a one-of-a-kind annual event that brings the entire metal supply chain together under one roof. From primary metal manufacturers to technology/solution providers, this event opens its door for all.
On Monday, July 10, Hulamin employees downed their tools and went on strike outside the aluminium products firm over concerns they claim have been unresolved since 2014. The workers picketed outside the Hulamin Aluminium's many entrances and outside the main gate about difficulties with their medical assistance subsidisation and retirement fund benefits.
To know more: https://www.alcircle.com/news/hulamin-employees-embark-on-strike-over-unresolved-issues-since-2014-96532
Beijing Dansen Aluminum Co. Ltd. is a reputable supplier of aluminium extrusions worldwide. They produce extruded aluminium profiles for windows in various shapes, sizes, and finishes, catering to innumerable commercial, industrial, residential, automotive, marine, energy, aerospace, and military applications.
To know more: https://www.alcircle.com/news/beijing-dansen-aluminium-gets-listed-as-an-aluminium-b2b-seller-under-al-circlebiz-96547
Taural India, a turnkey aluminium solutions provider, participated in the international GIFA 2023 exhibition to showcase their impressive achievements in aluminium sand casting. The event allowed Taural India to exhibit their dedication to the "Make in India" and "Atmanirbhar Bharat" initiatives, highlighting its ability to produce globally standardized critical components locally.
To know more: https://www.alcircle.com/news/taural-india-participates-in-gifa-2023-flagship-aluminium-sand-casted-designs-on-display-97545
Yanming Thermal Equipment Technology (YM), an award-winning manufacturer of aluminium profile equipment, has been enlisted by AL CircleBiz to its 1200+ global community of verified sellers. AL CircleBiz, the world's first global marketplace, successfully onboarded the company, connecting millions of buyers and sellers along the aluminium value chain.
A company based in Powys, CastAlum recently showcased its technical innovations to other manufacturers in mid-Wales. The event, organized by the Mid Wales Manufacturing Group (MWMG), invited local manufacturing and engineering companies to visit CastAlum's site in Welshpool. The site specialises in die-casting aluminium parts that are mostly used in cars.
In May 2023, Canada witnessed a 13 per cent increase in aluminium imports month-on-month, reaching 804,859 tonnes. This surge can be attributed to higher shipments from Brazil, which rose by 23 per cent, and the United States, which saw a 28 per cent increase. Lower production levels in April also contributed to the higher import numbers in May.
To know more: https://www.alcircle.com/news/canadas-aluminium-importation-gains-momentum-in-may-2023-97540
Gränges, a leading supplier of rolled aluminium materials, announced its second quarter and first half results of 2023, which reflected a survival amidst an overall economic slowdown and narrow demand for the metal. As per the results published, Gränges’ sales volume in Q2 dropped by 1.7 per cent Q-o-Q to 1.205 million tonnes from 1.225 million tonnes, and net sales amount diminished by 12.6 per cent from SEK 6.875 million to SEK 6.008 million.
Aodeli Australia, a prominent aluminium cladding manufacturer in Australia, has announced the launch of a new product, the Mirror Aluminium Panel (MAP). This high-quality product is the result of AODELI's extensive experience in delivering exceptional cladding panels and superb mirror finishes.
To know more: https://www.alcircle.com/news/aodeli-adds-new-aluminium-mirror-cladding-panels-to-its-product-portfolio-96536
Delfin emerged from the unwavering dedication of its founder, Antonino Siclari, towards the industrial vacuum industry. Over the years, Siclari has ceaselessly strived to provide customers with cutting-edge and practical solutions, prioritizing quality and design. Headquartered in Italy, Delfin has become a trusted name in addressing vacuuming challenges for professionals and industries across the globe.
To know more: https://www.alcircle.com/news/delfin-revolutionizes-industrial-aspirations-with-360-degree-vacuum-solutions-96511
Ryobi will invest about 5 billion yen or U$35.2 million to construct a building on the premises of its Kikugawa plant in Shizuoka Prefecture and introduce a moulding machine with a 6,000-tonne clamping force. It expects to receive orders for aluminium automobile components mainly from domestic automakers from March 2025 following a trial run.
Iroko 3D construction printers from 14Trees are the outcome of the joint venture between Holcim and the UK governmental development finance institution British International Investment (BII). The new construction-ready three-dimensional 3D printer features an aluminium frame, making it easy to assemble and install without cranes.
To know more: https://www.alcircle.com/news/aluminium-framed-iroko-3d-printer-expected-to-reduce-carbon-footprint-of-buildings-by-70-97562
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