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Universal Aluminium rod maker foresees higher demand

Metal News - Published on Fri, 22 Dec 2017

Image Source: The Star
The Star reported that leader Universal Aluminium Sdn Bhd is aiming high to develop and position itself as one of the top five aluminium rod producers in the world within the next five years. Mr Alex Lim Weng Soon MD said the ongoing and new power-related infrastructure projects globally would push up demand for aluminium rods. He said many projects would take place in the South-East Asian, African and Middle Eastern countries as well as in China and India to cope with their high demand for power.

Mr Lim said during an interview that “The power industry in these countries looks promising as they want to ensure they have sufficient, stable and sustainable power supply.” He said billions of dollars would be invested to develop power-related infrastructure in these countries in years to come through partnership or joint venture between domestic and international players.

Mr Lim said South-East Asian countries, China and India offered good business opportunities and prospects for the company to cater for demand of its aluminium rods for the power projects.

He singled out Indonesia among countries in South-East Asia, with a huge current population of about 265 million people as the good market for them. He added that “Demand for power in big cities in Java, especially Jakarta, Bandung and Surabaya, as well as provinces such as Kalimantan and Sumatra is on the upward trend.”

Source :

Posted By : Rabi Wangkhem on Fri, 22 Dec 2017
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