Ceramic Industry News

Alcoa Approves $1.6 Billion Investment Plan

October 10, 2005
/ Print / Reprints /
ShareMore
/ Text Size+
Alcoa recently announced that its board of directors has approved investments in Brazil that will total $1.6 billion in the company's Brazilian upstream operations, including a 2.1 million metric ton per year (mtpy) expansion of the Alumar consortium alumina refinery in Sao Luis, Maranhao; the creation of a bauxite mine in Juruti, Para, which will initially produce 2.6 million mtpy; and the modernization of the Pocos de Caldas aluminum smelter, Minas Gerais. "Our Brazilian operations are among the lowest cost facilities in our system, as well as in the world," said Alain Belda, chairman and chief executive officer. "These investments, coupled with the ongoing expansion of captive energy production in Brazil, will further strengthen Alcoa's position on the global cost curve and allow us to meet growing global demand needs."

The company's website is located at www.alcoa.com.

Did you enjoy this article? Click here to subscribe to Ceramic Industry Magazine.

You must login or register in order to post a comment.

Multimedia

Videos

Image Galleries

June 2014 Issue Highlights

Our June 2014 issue is now available!

Podcasts

Manufacturing Day 2014

Manufacturing Day organizers share their insights with Managing Editor Kelsey Seidler.

More Podcasts

Ceramic Industry Magazine

CI October 2014 cover

2014 October

Materials advances, refractories and renewable energy - oh, my! Check out our October issue today!

Table Of Contents Subscribe

THE CERAMIC INDUSTRY STORE

M:\General Shared\__AEC Store Katie Z\AEC Store\Images\Ceramics Industry\handbook of advanced ceramics.gif
Handbook of Advanced Ceramics Machining

Ceramics, with their unique properties and diverse applications, hold the potential to revolutionize many industries, including automotive and semiconductors.

More Products

Clear Seas Research

Clear Seas ResearchWith access to over one million professionals and more than 60 industry-specific publications,Clear Seas Research offers relevant insights from those who know your industry best. Let us customize a market research solution that exceeds your marketing goals.

Directories

CI Data Book July 2012

Ceramic Industry's Directories including Components, Equipment Digest, Services, Data Book & Buyers Guide, Materials Handbook and much more!

STAY CONNECTED

facebook_40px twitter_40px  youtube_40pxlinkedin_40google+ icon 40px