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Japan: UACJ to increase sales of aluminium plates

UACJ, one of the top aluminum manufacturers in Japan, will increase total sales (domestic and export) of aluminum plates to 640,000 tonnes (t) by 2023. As per the breakdo...

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15 Jun 2022, 17:28 IST
Japan: UACJ to increase sales of aluminium plates

UACJ, one of the top aluminum manufacturers in Japan, will increase total sales (domestic and export) of aluminum plates to 640,000 tonnes (t) by 2023. As per the breakdown, can materials will have 36% share, automotive materials 22%, planks 9% and 'others' 33%, in the above quantum.

According to the medium-term plan announced by the company management in the previous financial year, the sales volume was pegged at 556,000 t for 2023. However, production has exceeded this plan to meet strong domestic demand, as per a report in Japan Metal Daily.

The company said, in addition to raising the production rate of its automobile panel line at the Fukui Works, "We are also increasing production of planks used for semi-conductor manufacturing at the Fukaya Works. We will meet strong domestic demand with a production system that exceeds the expectations shown in the current medium-term plan."

Automotive production to rise

The annual production volume of automotive materials at the Fukui Plant, which was at 30,000 t in FY2021, is expected to increase to 70,000 t by FY2023.

Production of thick plates to increase

According to UACJ, there is an urgent need to increase production of thick plates used in semi-conductor manufacturing. The monthly sales volume of planks crossed 4,000 t in FY2021 but in the current year, these have risen to 5,000 t per month and are expected to increase to 6,000 t per month by next year. Not only will the semi-conductor manufacturing segment grow in the medium to long term, it will also serve the fuel carriers segment.

In order to respond to such an increase in demand, "we will further improve production at the Fukaya Works and aim to build a production system for thick plates for semi-conductor manufacturing at the Fukui Works. Through these measures, UACJ plans to increase the production capacity of planks by 30% compared to the previous fiscal year," the company stated.

Domestic demand expected to rise

Domestic demand is expected to remain strong beyond 2023, and is likely to be the reason for increasing production capacity. On the other hand, the company will maximize profits by improving production efficiency.

 

15 Jun 2022, 17:28 IST

 

 

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