Alcoa strikes $3.1b cash-and-stock deal for South32’s key aluminium assets
Alcoa Corporation is acquiring South32’s key aluminium assets in a USD 3.1 billion deal in cash plus 17,008,960 Alcoa shares, expanding its upstream aluminium portfolio across Australia, Brazil and South Africa. The transaction will also give South32 and its shareholders an equity interest in the...
Alcoa’s 16kg aluminium wheel could change fleet efficiency equation
A truck’s overall weight comes from dozens of components, including the engine, chassis, tyres, etc. Wheels are one area where fleets can explore lightweighting. Traditional steel wheels, widely used across the transport industry, are known for their robustness. Forged Alcoa aluminium wheels offer...
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President Barack Obama to visit Alcoa plant
On Tuesday, June 28, President Barack Obama will visit Alcoa's Davenport, Iowa, facility where he will highlight the role of advanced manufacturing in US job creation and exports. Alcoa has developed 95% all aerospace alloys ever created. The visit comes on the heels of Alcoa's newest aviation...
Alcoa Announces Multi-Year Aluminum Deal With Airbus Worth $
Alcoa announced today it has been awarded a new multi-year supply deal by Airbus for aluminum sheet and plate products. The agreement was reached this week at the Paris Air Show between executives of the companies. Exact terms were not discussed, but the deal is worth about $1.0 billion over its...
Alcoa preparing for presidential visit
Alcoa’s Davenport Works still is working to finalize details on President Obama’s visit next week to the Riverdale plant, a company spokesman said today. John Riches said company representatives are meeting with the president’s advance team to determine what Obama will see Tuesday when he visits...
Alcoa preparing for presidential visit
Alcoa’s Davenport Works still is working to finalize details on President Obama’s visit next week to the Riverdale plant, a company spokesman said today. John Riches said company representatives are meeting with the president’s advance team to determine what Obama will see Tuesday when he visits...
Alcoa and Alcoa Foundation Conclude Green Works with Increased Global Commitment to Plant Trees and Support Environmental Projects
Alcoa Foundation marked the end of its two-month Green Works employee volunteer environmental service program today by increasing its support to the Friends of Vatnajokull National Park in Iceland and American Forests' Global ReLeaf, two organizations committed to environmental replenishment. Alcoa...
Alcoa appoints Mr Meggers as its VP
Alcoa announced that Mr Kay Meggers has been elected a VP of the Company by Alcoa’s Board of Directors. Mr Meggers joined Alcoa in 2010 as VP of Corporate Initiatives, responsible for planning and coordinating major strategic initiatives that cut across multiple businesses, regions and resource...
Alcoa re aligns China strategy to support expanding footprint in fast growing market
Alcoa announced that effective July 1st 2011, the Company’s Asia Pacific regional headquarters will report to Alcoa’s Business Excellence and Corporate Strategy organization part of an initiative to support the expanding footprint of Alcoa’s three business groups in the fast growing and...
Alcoa re aligns China strategy to support expanding footprint in fast growing market
Alcoa announced that effective July 1st 2011, the Company’s Asia Pacific regional headquarters will report to Alcoa’s Business Excellence and Corporate Strategy organization part of an initiative to support the expanding footprint of Alcoa’s three business groups in the fast growing and...
Alcoa re aligns China strategy to support expanding footprint in fast growing market
Alcoa announced that effective July 1st 2011, the Company’s Asia Pacific regional headquarters will report to Alcoa’s Business Excellence and Corporate Strategy organization part of an initiative to support the expanding footprint of Alcoa’s three business groups in the fast growing and...
Alcoa re aligns China strategy to support expanding footprint in fast growing market
Alcoa announced that effective July 1st 2011, the Company’s Asia Pacific regional headquarters will report to Alcoa’s Business Excellence and Corporate Strategy organization part of an initiative to support the expanding footprint of Alcoa’s three business groups in the fast growing and...
Alcoa re aligns China strategy to support expanding footprint in fast growing market
Alcoa announced that effective July 1st 2011, the Company’s Asia Pacific regional headquarters will report to Alcoa’s Business Excellence and Corporate Strategy organization part of an initiative to support the expanding footprint of Alcoa’s three business groups in the fast growing and...
Alcoa in Joint Venture
Alcoa Inc.(AA) the largest U.S. aluminum producer, signed a memorandum with JSC Holding Inter-regional Distribution Grid Companies (JSC Holding IDGC), OJSC RUSNANO to set up a joint venture to develop and produce nano-coatings. The new JV project will manufacture anti-icing nano-coatings for use in...
Alcoa in Joint Venture
Alcoa Inc.(AA) the largest U.S. aluminum producer, signed a memorandum with JSC Holding Inter-regional Distribution Grid Companies (JSC Holding IDGC), OJSC RUSNANO to set up a joint venture to develop and produce nano-coatings. The new JV project will manufacture anti-icing nano-coatings for use in...
Alcoa to Highlight Aluminum-Based Fuselage Panel at 2011 Paris Air Show
At the Paris Air Show 2011, Alcoa, along with Spirit AeroSystems, will display an innovative fuselage panel made of aluminum-lithium alloy for the commercial aerospace industry. The new aluminum-based solutions have lower production risks compared to composite-made aircraft. The panel is...
Aluminum producers buoyant on Russian demand outlook
Over the last year aluminum prices have increased from USD 1800 to more than USD 2600 per tonne with major manufacturers seeing further upside ahead. The World Bureau of Metal Statistics said that in the Q1 of 2011, global demand for aluminum in the world amounted to 10.07 million tonnes, 360,000...
Alcoa ups the ante against composites
Aluminum giant Alcoa (H5 F220) is here exhibiting a fuselage section manufactured with advanced aluminum-lithium alloy sheet that was stretch-formed on existing tooling by Spirit Aerosystems’ factory in Wichita, Kansas. U.S.-based Alcoa is targeting the next generation of single-aisle aircraft...
Alcoa Shines on Solid Aluminum Demand
Alcoa’s (NYSE:AA) total alumina shipments rose from 14.6 million tons in 2006 to 16.5 million tons in 2010 with a blip in 2009 due to unfavorable economic conditions that led to a decline in the overall industrial output and demand for aluminum. Alcoa, which competes with mining giants like Rusal,...
Alcoa Re-aligns China Strategy to Support Expanding Footprint in Fast-Growing Market
-Alcoa (NYSE:AA) announced today that effective July 1, the Company’s Asia-Pacific regional headquarters will report to Alcoa’s Business Excellence and Corporate Strategy organization, part of an initiative to support the expanding footprint of Alcoa’s three business groups in the fast-growing and...
