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...
Alcoa files SEC registration for $5.6b South32 alumina, aluminium and bauxite asset deal
Alcoa has moved its proposed acquisition of South32's bauxite, alumina and aluminium interests forward with a US SEC filing, with the transaction carrying an implied enterprise value of up to USD 5.6 billion. Alcoa Corporation has filed a Form S-4 registration statement with the US Securities and...
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Alcoa rolls out world's lightest heavy-duty truck wheel, enabling fleets to shed weight
Alcoa has rolled out the world’s lightest heavy-duty truck wheel. This latest Alcoa innovation, the Ultra ONE™, will help trucks shed pounds for increased payload and fuel efficiency. Unveiled at the Mid-America Trucking show in Louisville, Kentucky, Alcoa’s new 40-pound wheel is 47 percent lighter...
Glenn Miller named chief financial officer of Alcoa global rolled products
Alcoa today announced that Glenn Miller has been promoted to Chief Financial Officer of its Global Rolled Products (GRP) business effective May 1. He succeeds Judy Schrecker who will retire from Alcoa after 34 years of service. Miller will be responsible for managing all aspects of the global GRP...
For Alcoa and others, new CME aluminum contract must reflect accurate pricing
The London Metal Exchange has faced more than a year of criticism for its aluminum contract. Blamed for everything that’s wrong with the aluminum market, the LME finally got a competitor who will also try to win the hearts and minds of metal buyers in the CME Group, which announced yesterday that...
Alcoa Named by Fortune as Most Admired Metals Company in the World for Three Consecutive Years
Alcoa has been named the most admired metals company in the world for the third consecutive year in Fortune magazine’s prestigious annual ranking on corporate reputation. Alcoa has been on the since Fortune began the annual ranking 31 years ago. Alcoa also received top ranking in eight of the nine...
Aquilino Paolucci Named President of Alcoa Latin America and the Caribbean
Alcoa today announced that Aquilino Paolucci, Vice President of Business Development and Regional Affairs for Latin America, has been named President of Alcoa Latin America and the Caribbean (LAC), effective as of March 1. Paolucci succeeds Franklin Feder who is retiring from Alcoa effective August...
Alcoa expands in Hungary to meet growing demand for its Lightweight Truck Wheels
Alcoa, the inventor and global leader of forged aluminum wheels, is investing US$13 million to expand its wheel manufacturing plant in Europe, to meet growing demand for its lightweight, durable, low-maintenance aluminum truck wheels. The expansion of the Székesfehérvár, Hungary facility will...
Alcoa expands in Hungary to meet growing demand for its Lightweight Truck Wheels
Alcoa, the inventor and global leader of forged aluminum wheels, is investing US$13 million to expand its wheel manufacturing plant in Europe, to meet growing demand for its lightweight, durable, low-maintenance aluminum truck wheels. The expansion of the Székesfehérvár, Hungary facility will...
Alcoa removes more weight from aluminum wheels
Alcoa unveiled at the Technology & Maintenance Council what it claims to be the industry’s lightest-weight 14- and 9-inch aluminum wheels. The wheels were forged using Alcoa’s LvL One wheel manufacturing process and weigh just 54 lbs (14-inch) and 51 or 59 lbs (depending on fitment) for the 9-inch...
Alcoa looks expensive, but analyst feels shares could hold up
Alcoa’s had a great run to start off 2014–its stock has gained 15% so far this year–but its shares are looking mighty pricey. That doesn’t have to kill the stock, however. Morgan Stanley’s analysts note that at 34 times 2014 earnings forecasts, Alcoa looks more than a little expensive. Its...
Aquilino Paolucci Named President of Alcoa Latin America and the Caribbean
Alcoa today announced that Aquilino Paolucci, Vice President of Business Development and Regional Affairs for Latin America, has been named President of Alcoa Latin America and the Caribbean (LAC), effective as of March 1. Paolucci succeeds Franklin Feder who is retiring from Alcoa effective August...
Constellium and Alcoa to Benefit From Rapidly Growing Aluminum Sheet Demand
As Original Equipment Manufacturers (OEMs) turn to aluminum from steel to further improve fuel efficiency and meet standards, automotive aluminum sheet industry is expected to register one of the fastest growth in the metals sector over the next several years. Industry experts and consultant...
Alcoa Named by Fortune as Most Admired Metals Company in the World for Three Consecutive Years
Alcoa has been named the most admired metals company in the world for the third consecutive year in Fortune magazine’s prestigious annual ranking on corporate reputation. Alcoa has been on the since Fortune began the annual ranking 31 years ago. Alcoa also received top ranking in eight of the nine...
TMS 2014 takes San Diego by storm
More than 4,000 business leaders, engineers, scientists and other professionals in the minerals, metals and materials fields attended the 143rd TMS Annual Meeting & Exhibition in San Diego, California on 16th – 20th February 2014. The TMS 2014 Annual Meeting presented nearly 70 symposia covering a...
Alcoa founding member of the first Lightweight Metals Manufacturing Institute in the United States
Alcoa, a global leader in lightweight metals engineering and manufacturing, is a founding member of the country’s first manufacturing institute focused solely on light metals: the National Lightweight and Modern Metals Innovation Institute in Detroit, Michigan. The institute was formally unveiled...
Alcoa Reaches Power Agreement to Improve Competitiveness of Québec Smelters
Alcoa and the Government of Québec have reached an agreement to improve the competitiveness of Alcoa’s three smelters in Québec, securing approximately 3,000 jobs. Under the agreement, Hydro-Québec will renew Alcoa’s power supply contracts for the Becancour and Deschambault facilities until 2030...
GM moves toward aluminum pickups in 2018
General Motors' executives insist they're not sweating Ford's 2015 aluminum F-150. They say they'll counter with redesigned mid-sized pickups and are working on updates to GM's freshly redesigned full-sized pickups. And it appears they'll be slinging plenty of aluminum of their own -- in about five...
Alcoa aluminium smelter closure is ‘the carbon tax doing its job’, says PM
Tony Abbott has said the closure of Alcoa’s Port Henry aluminium smelter was a result of “the carbon tax doing its job”, despite the company having explicitly stated the carbon tax was “not a factor” in its decision to shut. In a press conference to announce the purchase of new military aircraft,...
Alcoa exposure to fines hinders Alumina
ALUMINA'S chance of posting a profit for last year was thwarted by its exposure to the $US548 million in fines, costs and settlement payments by US aluminium giant Alcoa to bring corruption charges in the Alba case to an end. The Melbourne-based Alumina, a 40 per cent partner with Alcoa in the...
