Latin America

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

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...

Events

“Unrest” In Guyana Prompts Rusal’s Sudden Exit

Citing unrest and sabotage, Russian Federation aluminium giant U.C. Rusal shut down operations in Guyana yesterday, leaving over 300 employees without a job. In a press release, Rusal said yesterday that several incidents in the recent past have pushed them to the inevitable. “As a result of serious illegitimate actions that have gone beyond the […]

Production Resumes At World’s Biggest Alumina Refinery In Brazil: Norsk Hydro

Norwegian aluminium giant Norsk Hydro ASA said on Saturday that power has been restored to Mineração Paragominas S.A. (Paragominas bauxite mine), allowing a return to normal production levels at Alumina do Norte do Brasil S.A. (Alunorte alumina refinery). Return to production at Paragominas came ten days after power was cut to the mine. Hydro confirmed […]

Power Outage Leads To Production Stoppage At Paragominas, Reduction At Alunorte

Norwegian aluminium giant Norsk Hydro ASA announced on Thursday a power outage in Brazil affecting the firm’s bauxite mine and alumina refinery in the state of Pará. According to Hydro’s press release, a transmission tower toppled on Wednesday, cutting power to Mineração Paragominas S.A. Though no injuries were reported, the mishap has temporarily halted production […]