15 DECEMBER 2013metalbulletin.com
Alcoa’s Kleinfeld picked for China’s council of business leaders
Edited by : AL CIRCLE
1 min read
Alcoa chairman and ceo Klaus Kleinfeld has been named to China’s Global CEO Council, the company said.
The council of 15 business leaders, founded by the Chinese People’s Association of Friendship with Foreign Countries, discusses foreign investment, innovation and sustainability with Chinese premier Li Keqiang and other senior government officials, the Pittsburgh-based aluminium producer said on Thursday December 12.
The move comes as Alcoa sees “significant opportunity” to provide value-added products to modernising sectors of China’s economy, including the aerospace, automotive and packaging markets, Kleinfeld said in a statement.
Alcoa’s value-added gains in China include its fastening systems unit signing a contract with Commercial Aircraft Corp of China Ltd (Comac) to supply its commercial C919 aircraft.
Alcoa said it is the largest multinational investor in China’s aluminium industry, having spent $800 million in the country since 1993. Most recently, Alcoa’s wheel and transportation division opened a $29-million, fully integrated aluminium wheel manufacturing facility in Suzhou, China.
The move comes as Alcoa sees “significant opportunity” to provide value-added products to modernising sectors of China’s economy, including the aerospace, automotive and packaging markets, Kleinfeld said in a statement.
Alcoa’s value-added gains in China include its fastening systems unit signing a contract with Commercial Aircraft Corp of China Ltd (Comac) to supply its commercial C919 aircraft.
Alcoa said it is the largest multinational investor in China’s aluminium industry, having spent $800 million in the country since 1993. Most recently, Alcoa’s wheel and transportation division opened a $29-million, fully integrated aluminium wheel manufacturing facility in Suzhou, China.
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