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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Italy says Glencore request for cheap power for Alcoa plant not acceptable
Italy said on Thursday it could not accept requests to provide deeply discounted energy prices to Swiss commodities trader Glencore if it were to agree to purchase the Italian smelter being closed by U.S. aluminium maker Alcoa. In a statement, the Italian Industry Ministry said Glencore's request...
Alcoa and U.S. Department of Energy commissions the modernization project at the Cheoah hydroelectric dam
Alcoa and U.S. Department of Energy officials yesterday commissioned the $110 million modernization project at Cheoah Dam in Robbinsville, NC, one of four hydroelectric dams that make up Alcoa Power Generating Inc.'s Tapoco Project. The modernization effort has increased the dam's efficiency and...
Alcoa gets first free carbon permits from Australia
Alcoa (AA), the largest U.S. aluminum producer, and Queensland Nitrates are the first to get free carbon permits from Australia through an A$8.6 billion ($8.9 billion) program to help businesses facing global competition. The companies are getting permits under the Jobs and Competitiveness Program,...
Alcoa's Sardinian aluminium plant workers occupy fireworks factory to draw attention to their situation
Workers at US giant Alcoa's loss-making aluminum smelter in the Sardinian town of Portovesme on Tuesday occupied a nearby explosives factory to draw attention to 1,500 jobs at risk. "We went into the factory and asked its workers for solidarity, which we got amply from them and from the...
Alcoa shares downgraded from Buy to Hold
Alcoa, like other metals and mining companies, caught a nice tailwind last week when the Fed announced its big new asset-buying program. But Alcoa’s recent strength may fall off in the face of an ongoing surplus in the aluminum industry, notes Jefferies analyst Peter Ward, who downgraded shares to...
Italy urges Alcoa to slow plant closures
Italy has called on US aluminium maker Alcoa to respect its commitment to slow down the planned closure of its Italian plant, after trade unions accused the company of going back on its word. "In the face of worrying news from the plant, the government calls firmly on Alcoa to accurately respect...
Investment banks in the aluminium market surging the premiums to record high
The arrival of investment banks in the aluminium market has triggered a shake-up in the $100bn industry that is forcing producers from Alcoa to Rusal and consumers such as BMW and Coca-Cola to change the way they do business. The increasingly dominant role of banks including Goldman Sachs, JPMorgan...
Shifting China's aluminum production to West won't solve the industry's high costs and pollution issues: Alcoa CEO
China's move to shift aluminum production to energy-rich western areas of the country won't solve the industry's problems with high costs and pollution, Alcoa Inc. (AA) Chief Executive Officer Klaus Kleinfeld told the state-run China Daily newspaper in an interview published Tuesday. The Chinese...
Italy government refuses to guarantee jobs to Alcoa's workers
The Italian government cannot give assurances that it will protect jobs at Alcoa Inc's loss-making aluminium plant in Sardinia, Welfare Minister Elsa Fornero said on Thursday. Speaking at the margins of a conference in Brussels, Fornero said the government was "close to the workers" who risked...
Alcoa says has no new potential buyers for Italian smelter
Aluminium maker Alcoa Inc. (AA.N) said on Friday it had received no new expressions of interest for its Sardinian smelter, denying Italian government claims that two different groups were looking at saving the plant from closure. "Since August 1 we have not received any new and concrete expressions...
Alcoa struggles with Profit drains
Alcoa Inc., which kicks off the earnings season Tuesday, is expected to barely eke out a profit of a penny per share, setting the stage for a disappointing round of quarterly reports. The world's largest aluminum maker, which feeds into many parts of the economy, from beverage cans to buildings,...
Alcoa promotes its top leaders
Alcoa recently announced promotions for three top leaders at Alcoa Warrick Operations. Ed Hemmersbach, who previously served as the facility’s Location Manager for its packaging business unit at Warrick Operations, has been named the Vice President of Operations, Alcoa Global Packaging-North...
Study Finds Alcoa Forged Aluminum Wheels can Cut Carbon Footprint Dramatically
Alcoa today released the findings of a peer-reviewed life cycle assessment (LCA) which concludes that Alcoa aluminum wheels substantially cut the carbon footprint of commercial vehicles. In North America, the study found that substituting 18 conventional steel truck wheels with Alcoa aluminum...
"Innovation Areas“ celebrate the premiere of ALUMINIUM 2012
Aluminium 2012 creates three new special exhibitions which quite literally make the versatility of Aluminium a tangible experience for visitors. At the new special areas, exhibitors present the latest trends and products from the subject areas of Automotive / Transport, Building and Solar...
Alcoa Introduces New Lighter, Stronger High-Load Aluminum Wheels
Alcoa Wheel and Transportation Products (AWTP), an Alcoa business unit, introduced four new forged aluminum wheels, two of which offer maximum loads per wheel currently unavailable in steel. The Alcoa wheels are up to 44% lighter than steel equivalents and support the move to higher-load-capacity...
Alcoa launches 'Pass the Can' Facebook app to boost recycling
Alcoa is encouraging aluminum can recycling through its new Facebook app, “Pass the Can.” Facebook users simply log on to the Pass the Can app, crush a can and then pass the can to a friend. Once the can is passed to a friend, the Alcoa Foundation will donate $1, up to $75,000, to help support...
Alcoa, Alcoa Foundation and Keep America Beautiful Launch "Action to Accelerate Recycling" Commitment
At the Clinton Global Initiative (CGI) Annual Meeting today, Alcoa, Alcoa Foundation and Keep America Beautiful (KAB) announced a national commitment to increase U.S. recycling rates. "Action to Accelerate Recycling" will generate awareness, create incentives, and provide recycling access and...
Alcoa Joins International Charter for Sustainable Transportation
Alcoa announced that its Alcoa Wheel and Transportation Products (AWTP) business has joined the Sustainable Development Charter of the International Association of Public Transport (UITP). The UITP, an organization with a 125-year history, is an international network for public transport and a...
