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30 June
NEW YORK,
Press Release
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Alcoa Names Kevin Kramer to New Position as President, Growth InitiativesAlcoa announced today that Kevin B. Kramer, 49, has been named to the newly created position of President, Growth Initiatives. In this role, he is responsible for supporting commercialization strategies for organic growth across Alcoa, including the commercialization of research and development initiatives, and identifying and developing new applications that respond to market trends and customers’ needs. In addition, he will support the development and execution of global marketing programs for aluminum applications across existing and new market opportunities. Mr. Kramer had been President of the Alcoa Wheel and Transportation Products business, which includes forged wheels and aluminum transportation structures globally. |
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29 June
ATLANTA,
Press Release
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Novelis Reports Results for Fourth Quarter and Fiscal Year 2009Novelis Inc., a subsidiary of Hindalco Industries Limited, today reported pre-tax income of $67 million for the fourth quarter of fiscal 2009, which ended on March 31, 2009. This compares to pre-tax income of $117 million for the fourth quarter of fiscal 2008. Fourth-quarter results include $145 million of unrealized gains on derivatives, a $122 million gain on a debt exchange transaction and $81 million of restructuring charges. |
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26 June
NEW YORK,
Press Release
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Alcoa Expands Position in Oil and Gas MarketAlcoa announced today that it has reached an agreement with Noble Corporation to acquire Noble’s intellectual property pertaining to welded aluminum risers used in offshore oil and gas exploration and development. Noble, a leading drilling contractor, designs and deploys welded aluminum riser systems using Alcoa’s advanced extrusions and forgings, including the same highly engineered alloys used by the aerospace industry. Advances in metallurgy and joining technology have made aluminum risers more durable and corrosion resistant. This acquisition enables Alcoa to partner with manufacturers in the oil and gas industry to develop lightweight welded aluminum risers for deepwater applications. |
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25 June
DUBAI,
Press Release
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DUBAL continues to invest in future marketsWith the prevailing global financial crisis having affected virtually every economic sector, the international aluminium industry has not escaped unscathed. Not only have major and minor producers the world over shut down excess or unprofitable capacity and slashed jobs, but also investments in future markets have largely been put on hold. Contrary to these dynamics, Dubai Aluminium Company Limited (“DUBAL”) – the world’s largest primary aluminium producer with a captive power station, and one of the lowest-cost producers in the sector – continues to operate at its full capacity of 960,000 metric tonnes per year, while pro-actively investing in future growth opportunities. |
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25 June
MOSCOW,
Press Release
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RUSAL CEO visits ALSCON aluminium smelter in NigeriaUC RUSAL, the world’s largest aluminium and alumina producer, is pleased to announce that Oleg Deripaska, RUSAL’s CEO, visited the ALSCON aluminium smelter during his tour of the company’s production facilities. As part of the Nigerian visit of the official Russian delegation chaired by RF President Dmitry Medvedev the head of RUSAL had a series of consultations with Nigerian government authorities and businessmen. |
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24 June
SAMARA,
Press Release
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Alcoa Russia’s Samara Plant Launches New Coating Line for Aluminum SheetAlcoa Russia’s Samara Plant today commissioned a new state-of-the-art coating line for production of high-quality coated sheet used in the packaging market for aluminum soft drink and beer cans as well as serving the building and construction markets. The new coating line is the only one of its kind in Russia and raises Alcoa to the worldwide leadership position in all aspects of can material production capability. |
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19 June
IKOT ABASI,
Press Release
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UC RUSAL ALSCON begins local sale of aluminiumUC RUSAL, the world’s largest aluminium and alumina producer, is pleased to announce the start of domestic sale of aluminium produced at its Nigerian smelter – ALSCON. To date the total volume of contracts with local customers for ALSCON aluminium amounts to about 1000 tonnes. |
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18 June
OSLO,
Press Release
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New test center for intelligent building solutionsThe new "Wicona Test Center" – one of the most advanced of its kind – opens a window to an energy-efficient future for buildings. Centrally localized in Germany, the center is a showcase for Hydros advanced building systems of aluminium. Hydros President and CEO Svein Richard Brandtzæg will inaugurate the Wicona Test Center in Bellenberg, Germany, on Tuesday, June 23 |
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18 June
MELBOURNE,
Press Release
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BHP Billiton Board AppointmentBHP Billiton Chairman Don Argus today announced the appointment of a new Non-executive Director, Mr Wayne Murdy to the BHP Billiton Board, effective 18 June 2009. |
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15 June
LONDON,
Press Release
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LME approves Listing of ENRC AluminiumENRC, a leading diversified natural resources group, is pleased to announce that The London Metal Exchange (‘LME’) has approved with immediate effect the listing of primary aluminium ingots produced at ENRCs aluminium smelter, Kazakhstan Aluminium Smelter (‘KAS’), located in Pavlodar, Kazakhstan. |
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11 June
TORRANCE, California,
Press Release
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Alcoa Fastening Systems Expands into Casablanca, MoroccoAlcoa Fastening Systems (AFS) announced today that it is continuing its global growth strategy and has completed the acquisition of assets from Demicron SNC, which will be integrated into the AFS organization as Alcoa Fixations Maroc. Demicron SNC operates from a single location in Casablanca with less than 50 employees. Demicron SNC has a solid reputation within the European aerospace industry as a quality manufacturer of precision specialty machined aerospace parts, complex progressive dies, forging and stamping tools; and has been a reliable partner to AFS for more than two years. Terms were not disclosed. |
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9 June
ATLANTA,
Press Release
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Novelis Appoints Tadeu Nardocci to Lead European OperationsNovelis Inc. today announced that Antonio Tadeu Coelho Nardocci has been appointed President, Novelis Europe, effectively immediately. Mr. Nardocci succeeds Arnaud de Weert who has left the company to pursue other interests. |
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8 June
MOSCOW,
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Lufthansa visits the Krasnoyarsk smelterThe Krasnoyarsk aluminium smelter became the region’s first production facility to be visited by representatives of Lufthansa as part of the German airline’s trip to the Krasnoyarsk region. The guests wanted to know how the smelter was operating amidst the economical crisis and whether it was forced to cut back production levels or lay-off staff. |
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5 June
BEIJING,
Press Release
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Rio Tinto withdraws its recommendation for Chinalco transactionAluminum Corporation of China (“Chinalco”) confirms this morning the announcement made by |
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5 June
MELBOURNE,
Press Release
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Rio Tinto Board appointmentSam Walsh, Chief executive, Rio Tinto Iron Ore, has been appointed to the boards of Rio Tinto plc and Rio Tinto Limited as an executive director, effective immediately. |
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5 June
BOGOSLOVSK,
Press Release
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Bogoslovsk wings for Boeing aircraftsUC RUSAL’s Bogoslovsk aluminium smelter successfully completes a scheduled audit by VSMPO and Boeing. The Bogoslovsk smelter (BAZ) has been supplying aluminium to VSMPO-AVISMA Corporation for more than 10 years. In turn, VSMPO uses the Bogoslovsk aluminium to produce spare parts for Boeing aircrafts. |