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24 November
DUSSELDORF,
Press Release
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Alcoa Executive Hails Aluminum’s Ability for Lightweight Automotive Design That Increases Fuel Efficiency and Reduces EmissionsAluminum’s ability to offer automotive manufacturers’ lightweight design solutions that increase fuel efficiency and reduce emissions while contributing to performance, was the central theme of a presentation given by Dr.-Ing. Dietrich Wieser. Alcoa’s Director Business Development Ground Transportation Europe spoke at the European Aluminium Congress in Dusseldorf, Germany taking place November 23 and 24. |
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20 November
NEW YORK,
Press Release
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Alcoa to Idle Smelting Operations in Italy While Appealing EC Ruling on Energy TariffAlcoa announced it will temporarily idle production at its two aluminum smelters in Fusina and Portovesme, Italy. The curtailment is a result of uncertainty in obtaining future power supply for the smelters at competitive rates and the financial impact of today’s European Commission (EC) decision that Italy’s extension of the existing electricity tariff after 2005 did not comply with European Union (EU) state aid rules and that a portion of the benefit received by Alcoa must be refunded. Alcoa is appealing the decision. |
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17 November
OSLO,
Press Release
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Wicona lands Spiegel project in HamburgHydros Wicona brand is going to deliver energy-saving aluminium building systems for Spiegel Groups new headquarters in Hamburg. This is a prestigious project that will change the look of the city and its harbor area. |
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12 November
OSLO,
Press Release
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Hydro opens recycling center at Alunorf plantHydro, Europes leading aluminium company, today opened a new 50,000-tonne remelting facility at the Alunorf plant in Neuss, Germany. This brings Hydros total recycling capacity in Germany to 150,000 tonnes of high-quality aluminium and helps to reduce carbon emissions. |
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10 November
FOOTHILL RANCH, Calif., USA,
Press Release
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Kaiser Aluminum Corporation Reports Third Quarter and Year-to-Date 2009 Financial ResultsKaiser Aluminum Corporation on October 28 reported net income of $23 million and earnings per diluted share of $1.14 for the third quarter ended September 30, 2009. Excluding the positive impact of approximately $30 million of pre-tax, non-run-rate items, adjusted net income was $5.5 million and earnings per diluted share were $0.27 for the third quarter ended September 30, 2009. |
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5 November
NEW YORK,
Press Release
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Alcoa to Rebuild, Enhance Forging Press in ClevelandAlcoa announced today that funding has been approved for the complete repair and refurbishment of its 50,000-ton forging press at the company’s Cleveland Works. |
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3 November
ATLANTA,
Press Release
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Novelis Reports Higher Net Income for Second Fiscal Quarter on Improved Sales Across All Geographic RegionsNovelis Inc., the worlds leading producer of aluminum rolled products, today reported net income attributable to its common shareholder of $195 million for the second quarter of fiscal 2010 ended September 30, 2009, a 36 percent increase over net income of $143 million reported for the immediately preceding first fiscal quarter. Second quarter net income for the current year compares to a net loss of $104 million reported for the same period a year ago. |
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3 November
MOSCOW,
Press Release
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RUSAL and FGC UES sign an agreement to ensure safe operations of the Siberian energy networkUC RUSAL, the world’s largest aluminium and alumina producer, and the Russian Federal Grid Company of Unified Energy System (FGC UES) announced the signing of an agreement to ensure safe operations of the energy network in Siberia when the Sayano-Shushenskaya HPP is decommissioned. |
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2 November
MOSCOW,
Press Release
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UC RUSAL and NORINCO sign a contract for aluminium deliveryUC RUSAL, the world’s largest producer of aluminium and alumina, and China North Industries Corporation (NORINCO), one of China’s largest diversified corporations, announced the signing of a contract for aluminium delivery. Under the contract, UC RUSAL will supply 1,680,000 tonnes of its aluminium to NORINCO between 2010 and 2016. |
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2 November
MOSCOW,
Press Release
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RUSAL announces new executive appointments in its Alumina DivisionUC RUSAL, the world’s largest producer of aluminium and alumina, announced the appointment of Andrey Pikhtovnikov, former head of the ‘East’ Production Department of the Alumina Division, as the new managing director of the Achinsk Alumina Complex. Yuri Ovchinnikov, its current managing director, has been appointed the managing director of the Nikolaev Alumina Refinery. |