Alumina Producers Struggle with Demand, Some Investments Persist

SUGAR LAND--March 29, 2016--Researched by Industrial Info Resources (Sugar Land, Texas)--Producers of chemical compound alumina, or aluminum oxide, in the U.S. have suffered from declining prices and an unfavorable marketplace as demand from the aluminum industry remains depressed. These producers are being cautious about future investments. Industrial Info currently is tracking just $30 million in future capital and maintenance spending over the next couple of years. An additional $164 million in previously planned projects are being monitored as 'on-hold,' with little prospect of becoming active again in the near future. Within this article: Lists several projects that have been put on hold, including some owned by companies that have recently filed for bankruptcy. Additional companies: Alcoa (NYSE:AA), Noranda Aluminum Holding Corporation (OTC:NORNQ), Sasol Limited's (NYSE: SSL)