China Aluminium Network
Alcasa signs deal with Italian company to design aluminum extrusion plant
Edited by : AL CIRCLE
1 min read
Venezuela's CVG-Alcasa has signed an agreement with Italy's Predieri Metalli to perform the basic design and engineering work on a new aluminum extrusion facility at the Puerto Ordaz-based smelter, Alcasa said Thursday.
The contract was signed last week and engineers from the Italian firm have already arrived in Venezuela to begin review of the site for the plant, an Alcasa official said.
The new plant, with projected installed capacity of 40,000 mt of aluminum profiles, will be installed where Alcasa's potlines 1 and 2 operated before they were torn down in early 2010. The extrusion facility's cost was previously estimated at between $100-$150 million and would form part of a multi-project $403 million contract Alcasa is negotiating with the Aluminum Corporation of China.
"Once we obtain the results of the engineering design work we will present that to Chinalco," Alcasa president Elio Sayago said in a statement. The 170,000 mt/year Alcasa smelter forms part of the CVGs 600,000 mt/year primary aluminum complex in Puerto Ordaz.
The contract was signed last week and engineers from the Italian firm have already arrived in Venezuela to begin review of the site for the plant, an Alcasa official said.
The new plant, with projected installed capacity of 40,000 mt of aluminum profiles, will be installed where Alcasa's potlines 1 and 2 operated before they were torn down in early 2010. The extrusion facility's cost was previously estimated at between $100-$150 million and would form part of a multi-project $403 million contract Alcasa is negotiating with the Aluminum Corporation of China.
"Once we obtain the results of the engineering design work we will present that to Chinalco," Alcasa president Elio Sayago said in a statement. The 170,000 mt/year Alcasa smelter forms part of the CVGs 600,000 mt/year primary aluminum complex in Puerto Ordaz.
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