Latin America

Ball Completes US$80-Million Buyout Of Tubex Aluminium Aerosol Plant In Brazil

Ball Completes US$80-Million Buyout Of Tubex Aluminium Aerosol Plant In Brazil

Colorado’s Ball Corporation announced on Monday the completion of its acquisition of Tubex Industria E Comercio de Embalagens Ltda. in Brazil for US$80 million. Per the firm, Tubex is now part of Ball Corporation’s aluminium aerosol packaging division, and will complement its...

Power Restored To Paragominas And Alunorte After Tower Collapse

Norwegian aluminium smelter Norsk Hydro ASA said late last week that power has been restored to Mineração Paragominas, allowing production to ramp up to previous levels at both the mine and Alumina do Norte do Brasil’s alumina-refining operation. Hydro says it continues to work with local authorities to determine the cause of the power outage, […]

Power Cut To Alunorte Alumina Refinery Prompts Sharp Reduction In Output

Norwegian aluminium smelter Norsk Hydro ASA said yesterday that operations at Paragominas bauxite mine and Alunorte alumina refinery have been impacted due to a power outage occasioned by the toppling of a trio of power transmission towers in the area. Per the firm, work to repair the towers is currently underway, with an estimated repair […]

Ball Corporation To Purchase Brazil’s Aluminium Aerosol Firm Tubex For US$80 Million

Last week Colorado’s Ball Corporation entered into an agreement to purchase Brazilian aluminium aerosol firm Tubex Industria E Comercio de Embalagens Ltda for US$80 million. According to Ball, the purchase will enhance the firm’s presence in South America, as the demand for sustainable packaging in the region continues to grow at an unprecedented rate. Tubex […]

Tariffs On Brazil Aluminium Imports Still A Possibility: Trump

Though praising the country’s executive, United States President Donald Trump did not indicate that he would back down on planned aluminium and steel tariffs against Brazilian exporters to the US. Trump was queried by reporters late last week at a dinner at Mar-a-Lago between himself and Brazilian president Jair Bolsonaro by reporters regarding the possibility […]

Blaze At Albras Halts Aluminium Smelting At One Of Four Potlines

An electrical fire late last week at Norsk Hydro’s Albras Alumínio Brasileiro S.A.’s (Albras) in Brazil has shut down one of the plant’s four production lines, and the firm has yet to reveal a timetable for the resumption of smelting on the line. Hydro says the fire started for as-yet-undetermined reasons on Friday morning local […]