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Albany, NY -- (SBWIRE) -- 03/25/2015 -- Aluminum heat transfer composites (aluminum sheet, strip, and foil, etc.) are mainly used in heat exchange systems of automobiles, home appliances, and machinery and equipment as well as air-cooling systems of thermal power stations. Fuelled by the downstream sectors, the global output of aluminum heat transfer compositespresented an AAGR of 6.1% during 2006-2014, and reached 1.38 million tons in 2014, up 4.5% year on year, a drop of 1.1 percentage points from 2013.
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As one of the world's major consumers of aluminum heat transfer composites, China had a demand of approximately 591.9 kt in 2014, which was mainly attributed to the growth in demand from industries like automotive lightweightas well as machinery and equipment. It is predicated that by 2017 China's demand for aluminum heat transfer composites will reach 850 kt.
At present, aluminum heat transfer composites manufacturers in China are mainly the foreign-funded companies or joint-ventures, which contributed more than 60% of the total capacity in China. By contrast, the Chinese enterprises, restricted by some factors like technology, have a small scale, thereby making them less competitive.
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Gr?nges, Orkla's wholly-owned subsidiary that specializes in aluminum heat transfer composites business, now has achieved the capacity of 210 kt/a aluminum heat transfer composites. Gr?nges Aluminum Heat Transfer (Shanghai) Co., Ltd., a production base of Gr?nges in China, has the annual capacity of 120kt; in future, the company will plan to construct its second factory in China.
Novelis is a majoraluminum heat transfer composites manufacturer in the United States. In October 2014, the company's first automotive aluminum heat treatmentmanufactory in China was completed and put into operation, with its capacity of 120 kt/a.
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Huafon Nikkei, a Sino-Japanese joint venture, is so far the largest aluminum heat transfer composites manufacturer by capacity in China. In late 2014, the company's 50 kt/a civilair-conditioning aluminum alloy composites project (phase II) went into operation, which helped raise its total capacity of aluminum heat transfer composites to 130 kt/a.
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As the largest aluminum-based multi-metal composites manufacturer in China, Yinbang boasts the capacity of 20 kt/a aluminum-based multi-metal composites. The company's 200 kt/a aluminum-based laminated metal composites expansion project will be put into production in September 2015, when its aluminum-based multi-metal composites capacity will amount to 50 kt/a.
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