VENALUMIndustria Venezolana de Aluminio CA
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At Venalum, an aluminum processing facility in Caracas, Venezuela, the plant's profitability and the performance of its conveying systems are inseparable.
In Venalum's case, its Caracas plant operates 720 pots in eight separate pot rooms which are located within two adjoining complexes.
Glencore Intl, a large commodity trader, is negotiating to buy 360,000 tons of primary aluminum over six years from Venezuela's state-run Venalum, reports Reuters (Oct.
The group of Japanese companies owns 20% of state-controlled CVG Industria Venezolana de Aluminio CA, or Venalum, said Yasushi Munakata, an alternate director of Venalum who represents the Japanese group.
Energy industry sources point to Venezuela's state-owned Industria Venezolana de Aluminio SA (Venalum) as the likely sponsor;