Latin America

Possible Fake Semi Connection as Aluminium Exports Cascade out of Mexico for Vietnam in June

Possible Fake Semi Connection as Aluminium Exports Cascade out of Mexico for Vietnam in June

Mexican exports to Vietnam continued at a blistering pace in June, lending further credence to the notion that a stockpile of fake semis is being transferred out of a warehouse in Guanajuato. According to data from the Mexican Secretariat of Economy, the...

Events

Maxion Wheels Inaugurates New Aluminium Wheel Plant in Brazil

Michigan vehicle wheel manufacturer Maxion Wheels (a division of Brazil’s Iochpe-Maxion S.A.) announced on Thursday that it has opened a new light vehicle aluminium wheel plant in Limeira, São Paulo, Brazil. Built alongside the company’s existing plant, the new plant will turn out up to two million new aluminium wheels per annum and employ five […]

US Firm to Submit Plan for Opening Abrasive-Grade Bauxite Plant in Guyana

American firm Metallica Commodities Corp. plans to submit a proposal for re-opening an idled calcining kiln in Guyana for the production of abrasive bauxite. The Guyanese government requested the re-submission of plans previously rejected by the previous Guyanese administration in 2007. “There has been a new government in Guyana since May of last year (…) […]

Brazilian Aluminium Extruder Sapa Sacks Management and Directors as Sales Decline

Brazilian aluminium extruder Sapa laid off its management and staff last week, as the firm’s sales continued to drop. This also comes amid staff cuts and other measures meant to ease the company’s overhead. Finance director Roberto Silva and commercial director Erivam Boff have left the company. Other management positions have been eliminated, and the […]