PRTODAY / NewswireToday Free press release distribution service network

Written by / Agency / Source: Frost & Sullivan

Check Ads Availability|e-mail Article


Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!

Development of New Aluminium Smelters and Downstream Industries to Drive the Aluminium Scrap and Recycling Market in the GCC - Globally, Middle East and North Africa (MENA) has been a major exporter of its primary Aluminium production
Development of New Aluminium Smelters and Downstream Industries to Drive the Aluminium Scrap and Recycling Market in the GCC

 

NewswireToday - /newswire/ - Dubai, UAE, United Arab Emirates, 2013/01/02 - Globally, Middle East and North Africa (MENA) has been a major exporter of its primary Aluminium production.

   
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Environment/Recycle Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

The Aluminium industry, specifically in the Gulf Cooperation Council (GCC) is one of the key sectors driving the economy and contributes significantly to the primary aluminium growth in MENA. One of the key trends identified over time, has been the development of new aluminium smelters and expansion of existing smelters coupled with parallel development of downstream industries in the region. This has led to an increase in the scope of using more of Aluminium scrap in re-melting activities for downstream players by procuring the right alloy grade, recycling and thereby saving cost. According to Frost & Sullivan, the Aluminium Scrap and Recycling Market in the GCC was estimated at 292,281 Metric Tonnes in 2010 and is expected to reach 593,434 Metric Tonnes in 2017 at a Compound Annual Growth Rate (CAGR) of 10.6 per cent between 2010 and 2017.

The aluminium recycling market is at a nascent stage in the GCC, as it is predominantly an export driven market. Moreover, the aluminium downstream industry is yet to establish itself as a major scrap procurer in this region. The current market volume for aluminium scrap in the GCC is growing. It gets 35-40 per cent from Used Beverage Can scrap (UBC), 30-35 per cent from Door and Windows Scrap while other scrap types are Engine Scrap (TENSE) at 11 per cent, Wheel Scrap (TROMA) at 5 per cent, Sheet Scrap (Taint and Tabor) at 4 per cent, Cable Scrap (Talon) and other type of mixed alloy Scraps constituting about 5-7 per cent. The aluminium re-melting facilities that consume the scrap and form alloy grades based on customer requirements are majorly present in the UAE, Bahrain and KSA with few key players in the rest of the region.

Considering, the region is a global player in aluminium production and a valuable source of export revenue apart from serving the booming domestic market, the GCC has planned development of new aluminium smelters in KSA and expansion of existing smelters into Phase 2 commissioning in Qatar, the UAE, Oman and Bahrain.

"The GCC is one of the fastest growing aluminium markets in the world. With the development of new smelters and expansions, more secondary re-melting opportunities will arise. Downstream players are moving towards the scrap recycling market in order to reduce significant energy costs and be efficient operationally to cut input costs and reduce the carbon footprint. These are some of the factors driving growth in the aluminium recycling industry in the region. Additionally, the emergence of the packaging industry, growth in automotive, construction and consumer sectors in the GCC are expected to further drive the aluminium scrap generation. Frost & Sullivan therefore anticipates the secondary aluminium market in the GCC to be a key contributor to the recycling industry and create huge employment opportunities in the next 10 years", said Frost & Sullivan Metals and Minerals Analyst.

Frost & Sullivan's recent study on the Aluminium Scrap and Recycling Market in the GCC indicates that the individual aluminium re-melting facilities play a huge role in converting aluminium scrap and making secondary alloy ingots based on customer requirements. In addition, as major scrap recyclers look at more export opportunities, downstream players are left with limited sources of scrap in the region. Frost & Sullivan recommends implementation of new export policies so that the scrap generated in the GCC is used within the region for better energy utilisation and to obtain economies of scale.

If you are interested in more information on 'Aluminium Scrap and Recycling Market in the GCC', please send an email with your contact details to Tanu Chopra/Deepshri Iyer, Corporate Communications, Frost & Sullivan, at tanu.chopra[.]frost.com/deepshrii[.]frost.com

About Frost & Sullivan
Frost & Sullivan (frost.com), the Growth Partnership Company, works in collaboration with clients to leverage visionary innovation that addresses the global challenges and related growth opportunities that will make or break today's market participants.

Our "Growth Partnership" supports clients by addressing these opportunities and incorporating two key elements driving visionary innovation: The Integrated Value Proposition and The Partnership Infrastructure.

The Integrated Value Proposition provides support to our clients throughout all phases of their journey to visionary innovation including research, analysis, strategy, vision, innovation, and implementation.
The Partnership Infrastructure is entirely unique as it constructs the foundation upon which visionary innovation becomes possible. This includes our 360-degree research, comprehensive industry coverage, career best practices as well as our global footprint of more than 40 offices.

For more than 50 years, we have been developing growth strategies for the global 1000, emerging businesses, the public sector and the investment community. Is your organisation prepared for the next profound wave of industry convergence, disruptive technologies, increasing competitive intensity, Mega Trends, breakthrough best practices, changing customer dynamics and emerging economies?

Contact Us: Start the discussion | Join Us: Join our community | Subscribe: Newsletter on "the next big thing" | Register: Gain access to visionary innovation

For more information, Contact:
Nimisha Iyer, Corporate Communications - Middle East, North Africa and South Asia
P: +91 98200 50519 / F: +91 22.2832 4713 - E: niyer[.]frost.com.

 
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Environment/Recycle Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Written by / Agency / Source: Frost & Sullivan

 
 

Availability: All Regions (Including Int'l)

 

Traffic Booster: [/] Quick Newswire Today Visibility Checker

 

Distribution / Indexing: [+] / [Company listed above is a registered member of our network. Content made possible by PRZOOM / PRTODAY indexing services]

 
 
# # #
 
 
  Your Banner Ad showing on ALL
Environment/Recycle articles,
CATCH Visitors via Your Competitors Announcements!


Development of New Aluminium Smelters and Downstream Industries to Drive the Aluminium Scrap and Recycling Market in the GCC

Company website links NOT available to basic submissions
It is OK to republish and/or LINK any newswire for any legitimate media purpose as long as you name Newswire Today and LINK as the source.
 
  Is this your article?
Activate ALL web links and social stream by Upgrading to Press Release PREMIUM Plan Now!

Frost & Sullivan |
Publisher Contact: Tanu Chopra / Deepshri Iyer 
+91 9820480089 / +91 2266072038 tanu.chopra[.]frost.com / deepshrii[.]frost.com
 
Newswire Today - PRZOOM / PRTODAY disclaims any content contained in this article. If you need/wish to contact the company who published the current release, you will need to contact them - NOT us. Issuers of articles are solely responsible for the accuracy of their content. Our complete disclaimer appears here.
IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any Frost & Sullivan securities in any jurisdiction including any other companies listed or named in this release.

Environment/Recycle via RSSAdd NewswireToday - PRZOOM Headline News to FeedBurner
Find who RetweetFollow @NewswireTODAY



Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!


Read Latest Articles From Frost & Sullivan / Company Profile


Read Environment/Recycle Most Recent Related Newswires:

Frost & Sullivan Lauds Evoqua's Exceptional Turnaround Times and Product Quality in the Mobile Water Treatment Market
Agilyx Introduces Public Monthly Plant Tours
Veolia Chosen to Engineer and Deliver A Large Scale Wastewater Treatment Plant for Aramco’s Jazan Refinery in Saudi Arabia
NACWA Recognizes Veolia and Three Municipal Partners for Superior Environmental Compliance
Lewatit and Lewabrane to Treat Nile water
Canadian Refinery to Recycle its Water with GE’s Wastewater and Chemical Treatment Technologies
Veolia Completes Final 'Green Steam' Milestone with Reconfiguration of Kendall Cogeneration Station
Agilyx Introduces Chemical Recycling of Waste Polystyrene At APEC Meeting
Canadian Oil Refinery to Reuse 100 Percent of Water with GE’s Wastewater Treatment Technology
Frost & Sullivan Highlights Green Worx's Commitment to Sustainability by Creating Environmentally Friendly Cleaning Products
Innovative Upcycling of Food Waste Expands Opportunities for Food Waste Management Finds Frost & Sullivan
Veolia Builds Training Facility At its Pennsylvania Nuclear Services Site
New London, Connecticut Extends Partnership with Veolia and Implements New Utility Billing Program
Veolia Closes Acquisition of Chemours' Sulfur Product Assets
Frost & Sullivan Acclaims NuWater’s Strong Customer Service Model for the Modular and Mobile Industrial Waste Water Treatment Market

Boost Your Social Network
& Crowdfunding Campaigns


LIFETIME SOCIAL MEDIA WALL
NewswireToday Celebrates 10 Years in Business


PREMIUM Members


Visit  JobsWare.com

Visit  Triggr & Bloom





 
  ©2016 Newswire Today — Limelon Advertising, Co.
Home | About | Advertise/Pricing | Contact | Investors | Privacy/TOS | Sitemap | FRANCAIS
newswire, PR free press releases distribution service magazines engine news alert newsroom press room breaking news public relations articles company news alerts newswiredistribution ezine bizentrepreneur biznewstoday digital business report market search pr firms agencies reports distri-bution today investor relation successful internet entrepreneurs newswire distribution prtoday.com freenewswiredistribution asianewstoday bizwiretoday USA pr UK today - NOT affiliated with PRNewswire as we declined their partnership offer in 2013
 
PRTODAY & NewswireTODAY are NOT affiliated with USA TODAY (usatoday.com)