Alcoa and ORKLA ASA Agree to Exchange Equity Stakes

Alcoa announced it has agreed with ORKLA ASA to exchange their stakes in a Norwegian smelting partnership and a Swedish extrusion joint venture in order to focus on their respective areas of expertise and best practices. Alcoa will receive Orkla’s 50 percent stake in Elkem Aluminum ANS while Orkla... Read more..

Alcoa Features Aluminum Solutions for Building and Construction Industry at Greenbuild 2008

Alcoa announced that it is featuring numerous examples of how green buildings start with Alcoa aluminum at the Greenbuild International Conference and Expo, which starts today in Boston. The Alcoa booth (#126) provides an overview of the many aluminum products that help the building and construction... Read more..

Alcoa Chairman Alain Belda Honored By Asia Society for Environmental Leadership

Alcoa announced that Alcoa Chairman Alain Belda was honored by the Asia Society this week for his environmental leadership, including Alcoa’s progress to reduce GHG emissions and address global warming. In accepting the award, Mr. Belda said, “At Alcoa, we see global warming as the sustainability... Read more..

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Alcoa Recognized for Innovation and Excellence for Carbon Capture Technology

Alcoa announced today that its Kwinana alumina refinery in Australia was recognized for excellence in the Australian mining industry when it was named ‘Minerals Processing Plant of the Year’ at the annual Australian Mining Prospect Awards sponsored by Australian Mining, Australia’s premier mining... Read more..

Tag: aloca award for aluminum innovation, davos alcoa award

Alcoa Supplies Spaceframe for Ferrari California

Alcoa Wheel and Transportation Products announced today that it has been selected by Ferrari S.p.A. to supply the all-aluminum spaceframe for the upcoming Ferrari California. The California, recently unveiled at the Paris International Motor Show, is the latest performance vehicle from Ferrari. The strength... Read more..

Alcoa Sets Dates for Employee Layoffs at Rockdale Smelter Due to Local Power Issues

Alcoa said it has set dates for the layoff of approximately 300 employees at its Rockdale, Texas, aluminum smelter where the company has idled half of its production. In addition, approximately 100 contract employees will be affected. The plant was partially shut in June 2008 because of ongoing supply... Read more..

Alcoa Contributes to a Sustainable 2008 Beijing Olympics

Alcoa announced today that it is contributing to China’s commitment to a “green” Olympics by providing lightweight aluminum for transportation systems that will be used during the games and including its aluminum composite material on several new venues constructed especially for the 2008 Beijing... Read more..

Highfields to acquire 8 percent of Alcoa

Aluminum producer Alcoa Inc. has recently reported that it has received official notice from Highfields Capital Management of its intention to acquire up to 8 percent of the company’s common shares. The stake includes about 2 percent of Alcoa’s common shares that Highfields’ affiliated... Read more..

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Siemens pursues damages from 11 ex-executives, including Alcoa boss, over corruption scandal

Siemens AG has just published a report saying that it plans to sue two former CEOs and nine other ex-executives for alleged supervisory failings in a corruption scandal that has cost the company millions in fines and damaged its reputation. Siemens’ supervisory board decided to seek damages from... Read more..

Alcoa and Kleinfeld Statements Regarding Siemens Matter

Since the start of discussions with Mr. Kleinfeld about his taking a position with Alcoa, the company and its board have sought and received extensive information regarding the Siemens matter. Alcoa continues to monitor the situation, and believes no further comment or action is warranted or necessary... Read more..

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