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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Kaiser Aluminum shares perform excellent
Shares of Kaiser Aluminum Corp (KALU) are up more than 15% so far in 2012. However, KALU's performance so far in 2012 is very impressive relative to its peers. Other leading Aluminum companies such as Alcoa (AA), Century Aluminum Co (CENX), Alumina Ltd (AWC), and Aluminum Corp of China (ACH) are...
Alcoa to supply aluminum drill pipes for shale gas wells
Alcoa Inc said on Thursday it won a contract to supply drill pipe made of an aluminum alloy to Pennsylvania General Energy, which operates natural gas wells in the Marcellus Shale formation of Pennsylvania. The use of aluminum instead of steel, which is more common for drill pipe, will allow PGE to...
NC agency offers input on Alcoa's PCB plan for its closed smelter
North Carolina regulators want to hear from neighbors about plans by Alcoa Inc. to cover a lake bottom to prevent a health-harming contaminant near its closed aluminum smelter from moving. The state Division of Waste Management holds a public hearing Thursday in Albemarle about plans for Alcoa to...
No buyers for Alcoa's Portovesme smelter in Italy
The only potential suitor for Alcoa's Italian smelter has broken off talks with the government, labour unions said on Wednesday, putting hundreds of jobs at risk. The U.S. aluminium company had planned to close its Portovesme smelter on the island of Sardinia by mid-year as part of efforts to cut...
Fluor wins Saudi aluminium plant contract
Engineering and construction company Fluor Corporation has won contracts worth more than $1 billion for an aluminum plant in Saudi Arabia and a highway project in the US, the company said on Wednesday. The company was awarded a contract from Ma'aden and Alcoa to provide engineering, procurement and...
Alcoa’s Sandow Mine Receives Excellence in Surface Mining Award
Alcoa announced today that its Sandow Mine in Rockdale, Texas received the "Good Neighbor Award" in the 2012 Excellence in Surface Coal Mining Awards from Office of Surface Mining Reclamation and Enforcement (OSM). Alcoa was recognized for successfully working with the community while conducting...
SmarTrend lists three Aluminum companies with the lowest forward price to earnings (P/E) ratios
SmarTrend recommended three companies in the Aluminum industry with the lowest forward price to earnings (P/E) ratios. Forward P/E uses estimated earnings to compare relative value among companies in the same industry. Generally, the lower the forward P/E, the more undervalued a company is believed...
Alcoa Reynobond Aluminum Composite Material creates dramatic sloping facade of Seidman Cancer Center
Alcoa's Reynobond Aluminum Composite Material (ACM) was used to achieve the dramatic sloping facade of the award-winning Seidman Cancer Center in Cleveland, Ohio. The Center is one of only 12 freestanding cancer hospitals in the nation designated by the National Cancer Institute as a Comprehensive...
Alcoa declares quarterly dividends
The board of directors of producer of aluminum, miner of bauxite and refiner of alumina, Alcoa AA approved a quarterly common dividend of USD0.03 per share, the company revealed on Friday. This dividend will be paid on 25 August 2012 to all shareholders of record at the close of business on 3...
Alcoa's decision to raise sales tax by 0.5 percent for a school is welcomed by City Commission
Alcoa City Commission thinks the campaign to raise the sales tax 0.5 percent to pay for a new high school is going well. Progress was also reported on recruiting a major retailer for the West Plant property. “My gut feeling is that it’s going to happen,” said Alcoa City Manager Mark Johnson at his...
Alcoa (BCS) appoints Jay Kahn as the corporate identity (CID) manager for North America
Alcoa Building and Construction Systems (BCS) recently appointed Jay Kahn as the Norcross, Ga.-based Company’s corporate identity (CID) manager for North America. Kahn will manage the CID sales for two product brands that include curtain wall, storefront and window solutions products. Kahn began...
Growing market for smelter grade alumina
The market for smelter grade alumina is primarily controlled by integrated aluminium companies. In 2008, worldwide alumina refining capacity totalled approximately 90 million metric tons per year including non-metallurgical aluminiums. It is estimated that approximately 80% of alumina production...
Brazil's 1st Half Aluminum Output Up by 2.5%
Brazilian smelters produced 727,300 metric tons of primary aluminum in the first half, up 2.5% from the same period of 2011, the Brazilian aluminium association Abal said Friday. Output in the month of June was 117,800 tons, or 0.6% greater, than a year earlier, Abal said in a statement. Output in...
Alcoa Takes Full Ownership of Evermore Recycling
Alcoa today announced it has reached an agreement with Novelis whereby Alcoa will assume full control of the Evermore Recycling joint venture, the undisputed leader in used beverage can (UBC) recycling, effective August 31, 2012. The two companies previously were partners in the joint venture which...
Novelis quits can recycling venture with Alcoa
Aluminum products maker Novelis said on Monday it has pulled out of a joint venture with Alcoa Inc to recycle beverage cans and will set up its own recycling business. Alcoa said it would assume full control of the Evermore joint venture effective Aug. 31. The two companies have been partners since...
Alcoa Signs Supply Deal with Airbus
U.S. aluminum company Alcoa Inc. AA -0.60% has signed new multiyear agreements valued at about $1.4 billion to supply Airbus with products for virtually all of the passenger-jet maker's commercial programs, including the new A350. Under the deal, signed Wednesday at the Farnborough International...
Alcoa results dent market confidence
While Alcoa Inc. (US:AA) kicked off the latest earnings season with an unexpectedly small loss, it did little to calm analysts’ concerns that slumping commodity prices mirror a weak economy and could further erode investor confidence. Aluminum producer Alcoa, as the first of the 30 Dow Jones...
Toronto stock market fell about one per cent
The Toronto stock market fell about one per cent Tuesday as further indications of a slowing Chinese economy helped extinguish early optimism arising from a better than expected earnings report from U.S. aluminum giant Alcoa Inc. The S&P/TSX composite index dropped 122.45 points to 11,512.22 its...
