Industry News

Top 5 downstream aluminium projects of 2024 to redefine the value-added product industry

Views : 61
Update time : 2025-01-10 17:35:14
The ever-increasing demand for value-added aluminium products has left no nook of the world untouched for new projects. From India to China to the United Kingdom, aluminium product manufacturing plants have cropped up in many parts of the world. While some manufacturers have expanded their capacities by building new phases, some have debuted with new facilities to tap into the potential business opportunities. Let's explore the top downstream aluminium projects that commenced in 2024, aiming to meet global demand, mainly from the automotive, renewable energy, and packaging sectors.
Alro Slatina, one of the largest vertically integrated producers in Europe, commissioned a new cutting-edge aluminium processing facility, Cutsmart Systems. The facility, involving an investment of RON 13.7 million (EUR 2.7 million), is equipped with advanced, cutting-edge technologies for handling high-volume production with precise and flawless output, enabling Alro to develop precision cutting techniques to meet more complex design specifications of aluminium products from end-user sectors like aerospace, automotive, and electronics.
Related News
Read More >>
What Tariffs, Steel Prices Mean for E&S Construction Insurance in California What Tariffs, Steel Prices Mean for E&S Construction Insurance in California
Apr .25.2025
What Tariffs, Steel Prices Mean for E&S Construction Insurance in California
Nickel Price Update: Q1 2025 in Review Nickel Price Update: Q1 2025 in Review
Apr .25.2025
Nickel Price Update: Q1 2025 in Review
Higher steel prices benefiting Region steel mills Higher steel prices benefiting Region steel mills
Apr .25.2025
Higher steel prices benefiting Region steel mills
Vale's net profit drops 17% on lower iron ore prices Vale's net profit drops 17% on lower iron ore prices
Apr .25.2025
Vale's net profit drops 17% on lower iron ore prices