BNamericas: How is Termomecanica currently positioned in the Brazilian copper and aluminum markets?
Torina: Termomecanica is starting production to serve the local aluminum market, so we're in the first stage of operations, focused on obtaining and increasing our market shares.
Martins Pereira: In the production of copper, we're the market leader with a 46% share and gross production of about 140,000t per year.
BNamericas: What are the company's current aluminum production figures and what capacity does the company intend to achieve in the coming years thanks to this new investment?
Torina: Termomecanica's plans are to produce 2,000t of aluminum per month and around 25,000t per year in two years from now. We're also planning some 100mn reais of investments in equipment and infrastructure.
BNamericas: Does the new investment announced reflect better conditions in the Brazilian aluminum market, which has been losing production capacity in recent years?
Torina: We've seen production losses in the primary aluminum sector, but production of semi-finished products such as wires and bars, where we operate, tends to grow again when there's investment in infrastructure. Taking this into account, I believe that, yes, our entry into the aluminum production market and the investments we have made must reflect an improvement in the domestic market.
BNamericas: The company has two semi-finished units in Latin America, with one in Chile and another in Argentina. Does the company intend to increase its footprint in the region, either in aluminum or copper products?
Martins Pereira: In copper production, the trend is to maintain what we currently have, optimizing manufacturing between the six plants that the company owns.
Torina: In aluminum production, our current priority is the local market, where we're already growing domestically. In the meantime the company is already planning to have a wider reach in South America using the plants in Chile and Argentina. But our main goal is to diversify by seeking solutions for our customers, regardless of the metal used to do so.