Alcoa

Alcoa Launches Multi-Year Portfolio Review

Alcoa Launches Multi-Year Portfolio Review

Pittsburgh aluminium pioneer Alcoa Corporation released results for the third quarter yesterday as well as announcing a multi-year portfolio review and an update to the firm’s strategic priorities. In the just-ended quarter, Alcoa reported a net loss of US$221 million, up from...

Events

Alcoa Revamps Operating Model

Pittsburgh aluminium pioneer Alcoa Corporation announced the implementation of a radical new operating model on Monday that the firm believes will make it more agile and responsive to customers’ needs. Beginning November 1, Alcoa will do away with its business unit structure and transition to a model that combines sales, procurement, and other commercial capabilities […]

Alcoa And United Steelworkers Reach Tentative Agreement On New Labor Contract

Pittsburgh aluminium pioneer Alcoa Corporation announced a tentative accord with United Steelworkers over a four-year labor contract covering about 1,700 workers at five plants throughout the United States. No details were released by either the firm or the union, but the USW said it would send delegates from the negotiating committees into the field to […]

Alcoa Sells Avilés And La Coruña Plants To Swiss Investment Firm PARTER

Pittsburgh aluminium pioneer Alcoa Corporation announced yesterday the sale of the Avilés and La Coruña plants in Spain to Swiss private equity investment group PARTER Capital Group AG for an undisclosed sum. Included in the sale of the subsidiaries is the casthouse and curtailed smelters at both sites and La Coruña’s paste plant. PARTER has […]

Trio Of Alcoa Plants Certified By Aluminium Stewardship Initiative

Pittsburgh aluminium pioneer Alcoa Corporation and the Aluminium Stewardship Initiative (ASI) announced on Tuesday the certification of three of Alcoa’s plants, one each in the company’s three business units. Brazil’s Juruti bauxite mine and Alumar alumina refinery, along with the San Ciprián aluminium smelter in Spain, were all certified against ASI’s Performance Standard for responsible […]

Workers Trickle Back To Aluminerie de Bécancour As 17-Month Lockout Ends

Aluminerie de Bécancour’s (ABI) unionized workforce began making its way back into the plant on Friday, marking the end of one of Quebec’s longest lockouts. United Steelworkers members are returning to the plant thanks to a vote earlier this month to accept what Alcoa characterized as a final offer. The plant’s 900-strong union workers voted […]