Alcoa and ORKLA ASA Agree to Exchange Equity Stakes

December 23, 2008 Category: Aluminium

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..