Alcoa
Encyclopedia
Alcoa Inc. (from Aluminum Company of America) is the world's third largest producer of aluminum, behind Rio Tinto Alcan and Rusal. From its operational headquarters in Pittsburgh, Pennsylvania, Alcoa conducts operations in 31 countries. Alcoa is a world leader in the production and management of primary aluminum, fabricated aluminum, and alumina combined, through its active and growing participation in all major aspects of the industry: technology, mining,
refining, smelting, fabricating, and recycling. Aluminum and alumina represent more than three-fourths of Alcoa’s revenue. Non-aluminum products include precision castings and aerospace and industrial fasteners. Alcoa’s products are used worldwide in aircraft, automobiles, commercial transportation, packaging, building and construction, oil and gas, defense, and industrial applications.
In May 2007 Alcoa made a $27 billion hostile takeover bid for Alcan
, a former subsidiary, aiming to unite the two companies and form the world's largest aluminum producer. The takeover bid was withdrawn after Alcan announced a friendly takeover by Rio Tinto
in July 2007.
Among Alcoa's other businesses are fastening systems, building products (Kawneer
) and Howmet Castings
. The sale of the packaging unit was announced on December 21, 2007 and closed in the first quarter of 2008.
, a graduate of Ohio
's Oberlin College
, discovered the process of smelting
aluminum, almost simultaneously with Paul Héroult
in France. He realized that by passing an electrical current through a bath of cryolite
and aluminum oxide, the then semi-rare metal aluminum remained as a byproduct. This discovery, now called the Hall-Héroult process
, is still the only process used to make aluminum worldwide.
Probably fewer than ten sites in the United States and Europe produced any aluminum at the time. In 1887, Hall made an agreement to try his process at the Electric Smelting and Aluminum Company
plant in Lockport, New York
, but it was not used and Hall left after one year. On Thanksgiving Day 1888, with the help of Alfred E. Hunt, he started the Pittsburgh Reduction Company with an experimental smelting plant on Smallman Street in Pittsburgh, Pennsylvania
. In 1891, the company went into production in New Kensington, Pennsylvania
. In 1895, a third site opened at Niagara Falls
. By about 1903, after a settlement with Hall's former employer, and while its patents were in force, the company was the only legal supplier of aluminum in the US.
"The Aluminum Company of America"—became the firm's new name in 1907. The acronym "Alcoa" was coined in 1910, given as a name to two of the locales where major corporate facilities were located (although one of these has since been changed), and in 1999 was adopted as the official corporate name.
In 1938, the Justice Department
charged Alcoa with illegal monopolization
, and demanded that the company be dissolved. The case of United States v. Alcoa
was settled six years later.
Alcoa established an 8% stake in China
's state-run
aluminum industry and has formed a strategic alliance
with Aluminium Corporation of China (Chalco), China's largest aluminum producer, at its Pingguo facility. Alcoa sold this stake on September 12, 2007.
Alcoa has also acquired two facilities in Russia
, at Samara
and Belaya Kalitva
. Alcoa recently launched an offer to purchase the remaining 18% of the Belaya Kalitva plant from minority shareholder
s, giving it complete ownership in the facility.
In 2004, Alcoa's specialty chemicals division was sold to Rhône Group
, who then changed the name to Almatis, Inc..
In 2005, Alcoa began construction in Iceland
on Alcoa Fjarðaál, a state-of-the-art aluminum smelter and the company's first greenfield
smelter in more than 20 years, albeit under heavy criticism by local and international NGOs related to a controversial dam project exclusively dedicated to supplying electricity to this smelter. Also, Alcoa has completed or is undergoing primary aluminum expansion projects in Brazil
, Jamaica
, and Pinjarra, Western Australia
.
In 2006, Alcoa relocated its top executives from its headquarters in Pittsburgh to New York City. Although the company's principal office is located in New York City, the company's operational headquarters are still located at its Corporate Center in Pittsburgh. Alcoa employs approximately 2,000 people at its Corporate Center in Pittsburgh and 60 at its principal office in New York.
Alcoa was named one of the top three most sustainable corporations in the world at the World Economic Forum
in Davos, Switzerland.
On 8 May 2008, Klaus Kleinfeld was appointed new CEO of Alcoa, substituting Alain Belda. On April 23, 2010, Alcoa’s Board of Directors elected Mr. Kleinfeld to the office of Chairman, following Mr. Belda’s planned retirement.
and nitrogen dioxide
emissions from the power plant at Alcoa's aluminum production facility in Rockdale
, Texas
. The settlement was the ninth case the Bush administration pursued to bring the coal-fired power plant industry into full compliance with the Clean Air Act
. Alcoa was unlawfully operating at the Rockdale facility since it overhauled the Rockdale power plant without installing necessary pollution controls and without first obtaining proper permits required by "New Source Review
" program of the Clean Air Act. In February 1999, Alcoa cleaned soils and sediment contaminated with polychlorinated biphenyls (PCB) and lead at the York Oil federal Superfund site in Moira, New York
in accordance with the Environmental Protection Agency. The site, a former waste oil recycling storage facility, accepted waste oil from a number of companies, including Alcoa. The facility was improperly managed and operated and, as a result, soils on the York Oil Property and nearby wetlands sediments and groundwater were contaminated. The United States Environmental Protection Agency (EPA) issued a Superfund Unilateral Order on December 31, 1998 requiring Alcoa to excavate, treat and dispose of the contaminated wetlands sediments.
The Brazilian government used Agent Orange
to defoliate a large section of the Amazon rainforest
so that Alcoa could build the Tucuruí dam to power mining operations. Large areas of rainforest were destroyed, along with the homes and livelihoods of thousands of rural peasants and indigenous tribes.
, the Volta Aluminum Company
, was completely closed between May 2003 and early 2006, due to problems with its electricity
supply.
specifically for the smelting operation. That project was subject to controversy due to its impact on the environment.
Alcoa and the government of Iceland have signed an agreement on instigating a thorough feasibility study for a new 250,000 tpy (Tons Per Year) smelter in Bakki by Húsavík
in Northern Iceland.
Established shortly before World War II, the facility at Kitts Green
, Birmingham
has produced many aluminium products. Throughout the 1960s, 70s and 80s the plant became focused on flat-rolled products for the aerospace industry.
As of 2007 the plant employed approx 530 employees.
Swansea, South Wales
On November 21, 2006, Alcoa announced that it planned to close the Waunarlwydd
works in Swansea
, with the loss of 298 jobs. Production ceased at the Swansea plant on January 27, 2007. A small site closure team worked at the site until the 31st December 2008. The site is still owned by Alcoa, but is now managed locally and renamed, Westfield Industrial Park. Several of the large buildings are leased out to local businesses.
, which is a joint venture between Alumina Limited
and Alcoa. Alcoa operates two bauxite mines in Western Australia - the Huntly and Willowdale mines. Alcoa World Alumina and Chemicals owns and operates three alumina refineries in Western Australia
: Kwinana, Pinjarra and Wagerup. The Wagerup expasion plans have been put on hold due to the Global Financial Crisis. Two aluminum smelters are also operated in the state of Victoria
at Portland
and Point Henry
. Alcoa Australia Rolled Products a 100% Alcoa Inc. venture, operates two rolling mills. The Point Henry Rolling mill in Victoria and the Yennora rolling mill in N.S.W. have a combined rolling capacity of approx. 200,000 tonnes. Alcoa uses 12,600 GWh or 28% of Victoria's electricity annually.
Alcoa's Western Australian Wagerup plant has a troubled history in the context of claims that pollution from the plant has had an adverse impact on the health of members of the adjacent local community.
in Blount County, Tennessee
, which was the biggest provider of aluminum in the South. The area needed housing for workers, so Alcoa built many houses. The area eventually turned into a city and the wife of Alcoa hydro engineer James Rickey came up with the name Alcoa as an acronym for Aluminum Company of America. The name Alcoa was, therefore, created specifically to name the town Alcoa, Tennessee
, which was founded in 1919. Over time, the name Alcoa was unofficially used to reference the company as well. The Aluminum Company of America officially changed its name to Alcoa, Inc. in 1999.
Alcoa's Massena West plant is the longest operating smelter in the United States, having been in continuous operation since 1902. The Reynolds Aluminum Plant became Massena East when the companies merged in 2000.
Alcoa had a smelting plant in Badin, North Carolina
from 1917 to 2007 and continues a hydroelectric power
operation there.
Alcoa maintains several Research and Development Centers in the United States. The largest one, Alcoa Technical Center, is located East of its Pittsburgh Headquarters at Alcoa Center, PA. The "Tech Center" is as large as some college campuses, has its own Zip Code and maintains an extensive intellectual and physical resource for innovation. Alcoa's extensive safety program continuously improves safety at the Tech Center. After Paul O'Neill became Alcoa CEO in 1987, Alcoa became one of the safest companies in the world, despite the aluminum industry's inherent risks.
Alcoa also has a subsidiary called Alcoa Fastening Systems, which manufactures aerospace fasteners. AFS Headquarters is located in Torrance, CA and in France, with half of the manufacturing locations located in southern California and others located in Arizona, New York, France, Germany, China, Hungary, Mexico, UK and Morocco. AFS also compromises Sales and Distribution/Logistics.
http://www.alcoa.com/fastening_systems/en/home.asp
President Barack Obama
visited the Alcoa Davenport Works Factory in Bettendorf, Iowa
, as part of the Quad Cities
tour, on Tuesday, June 28, 2011.
.
Strategically Alcoa would like to own more of this upstream activity (obviously).
* One idle potline
** Temporarily curtailed
***Two idle potlines
refining, smelting, fabricating, and recycling. Aluminum and alumina represent more than three-fourths of Alcoa’s revenue. Non-aluminum products include precision castings and aerospace and industrial fasteners. Alcoa’s products are used worldwide in aircraft, automobiles, commercial transportation, packaging, building and construction, oil and gas, defense, and industrial applications.
In May 2007 Alcoa made a $27 billion hostile takeover bid for Alcan
Alcan
Rio Tinto Alcan Inc. is a Canadian company based in Montreal. It was created on November 15, 2007 as the result of the merger between Rio Tinto PLC's Canadian subsidiary, Rio Tinto Canada Holding Inc., and Canadian company Alcan Inc. On the same date, Alcan Inc. was renamed Rio Tinto Alcan Inc..Rio...
, a former subsidiary, aiming to unite the two companies and form the world's largest aluminum producer. The takeover bid was withdrawn after Alcan announced a friendly takeover by Rio Tinto
Rio Tinto Group
The Rio Tinto Group is a diversified, British-Australian, multinational mining and resources group with headquarters in London and Melbourne. The company was founded in 1873, when a multinational consortium of investors purchased a mine complex on the Rio Tinto river, in Huelva, Spain from the...
in July 2007.
Among Alcoa's other businesses are fastening systems, building products (Kawneer
Kawneer
Kawneer is a manufacturer of architectural aluminum systems and products for the commercial construction industry. Headquartered in Norcross, Georgia, Kawneer has offices in 13 countries in North America, Europe, North Africa, and Asia...
) and Howmet Castings
Howmet Castings
Headquartered in Cleveland, Ohio, Howmet, a division of Alcoa is a world leader in the investment casting of superalloys, aluminum and titanium primarily for jet aircraft and industrial gas turbine engine components...
. The sale of the packaging unit was announced on December 21, 2007 and closed in the first quarter of 2008.
History
In 1886, Charles Martin HallCharles Martin Hall
Charles Martin Hall was an American inventor, music enthusiast, and chemist. He is best known for his invention in 1886 of an inexpensive method for producing aluminium, which became the first metal to attain widespread use since the prehistoric discovery of iron.-Early years:Charles Martin Hall...
, a graduate of Ohio
Ohio
Ohio is a Midwestern state in the United States. The 34th largest state by area in the U.S.,it is the 7th‑most populous with over 11.5 million residents, containing several major American cities and seven metropolitan areas with populations of 500,000 or more.The state's capital is Columbus...
's Oberlin College
Oberlin College
Oberlin College is a private liberal arts college in Oberlin, Ohio, noteworthy for having been the first American institution of higher learning to regularly admit female and black students. Connected to the college is the Oberlin Conservatory of Music, the oldest continuously operating...
, discovered the process of smelting
Smelting
Smelting is a form of extractive metallurgy; its main use is to produce a metal from its ore. This includes iron extraction from iron ore, and copper extraction and other base metals from their ores...
aluminum, almost simultaneously with Paul Héroult
Paul Héroult
The French scientist Paul Héroult was the inventor of the aluminium electrolysis and of the electric steel furnace. He lived in Thury-Harcourt, Normandy.Christian Bickert said of him...
in France. He realized that by passing an electrical current through a bath of cryolite
Cryolite
Cryolite is an uncommon mineral identified with the once large deposit at Ivigtût on the west coast of Greenland, depleted by 1987....
and aluminum oxide, the then semi-rare metal aluminum remained as a byproduct. This discovery, now called the Hall-Héroult process
Hall-Héroult process
The Hall–Héroult process is the major industrial process for the production of aluminium. It involves dissolving alumina in molten cryolite, and electrolysing the molten salt bath to obtain pure aluminium metal.-Process:...
, is still the only process used to make aluminum worldwide.
Probably fewer than ten sites in the United States and Europe produced any aluminum at the time. In 1887, Hall made an agreement to try his process at the Electric Smelting and Aluminum Company
Electric Smelting and Aluminum Company
The Electric Smelting and Aluminum Company, founded as Cowles Electric Smelting and Aluminum Company, and Cowles Syndicate Company, Limited formed in the United States and England during the mid-1880s to extract and supply valuable metals. Founded by two brothers from Ohio, the Cowles companies are...
plant in Lockport, New York
Lockport (city), New York
Lockport is a city in Niagara County, New York, United States. The population was 21,165 at the 2010 census. The name is derived from a set of Erie canal locks within the city. Lockport is the county seat of Niagara County and is surrounded by the town of Lockport...
, but it was not used and Hall left after one year. On Thanksgiving Day 1888, with the help of Alfred E. Hunt, he started the Pittsburgh Reduction Company with an experimental smelting plant on Smallman Street in Pittsburgh, Pennsylvania
Pittsburgh, Pennsylvania
Pittsburgh is the second-largest city in the US Commonwealth of Pennsylvania and the county seat of Allegheny County. Regionally, it anchors the largest urban area of Appalachia and the Ohio River Valley, and nationally, it is the 22nd-largest urban area in the United States...
. In 1891, the company went into production in New Kensington, Pennsylvania
New Kensington, Pennsylvania
New Kensington is a city in Westmoreland County, Pennsylvania situated along the Allegheny River northeast of Pittsburgh. The population was 14,701 at the 2000 Census. The mayor of New Kensington is Tom Guzzo , elected in 2009. He succeeded Mayor Frank E. Link , elected in 2001.-History:New...
. In 1895, a third site opened at Niagara Falls
Niagara Falls
The Niagara Falls, located on the Niagara River draining Lake Erie into Lake Ontario, is the collective name for the Horseshoe Falls and the adjacent American Falls along with the comparatively small Bridal Veil Falls, which combined form the highest flow rate of any waterfalls in the world and has...
. By about 1903, after a settlement with Hall's former employer, and while its patents were in force, the company was the only legal supplier of aluminum in the US.
"The Aluminum Company of America"—became the firm's new name in 1907. The acronym "Alcoa" was coined in 1910, given as a name to two of the locales where major corporate facilities were located (although one of these has since been changed), and in 1999 was adopted as the official corporate name.
In 1938, the Justice Department
United States Department of Justice
The United States Department of Justice , is the United States federal executive department responsible for the enforcement of the law and administration of justice, equivalent to the justice or interior ministries of other countries.The Department is led by the Attorney General, who is nominated...
charged Alcoa with illegal monopolization
Monopolization
The term monopolization refers to an offense under Section 2 of the American Sherman Antitrust Act, passed in 1890. Section 2 states that any person "who shall monopolize . ....
, and demanded that the company be dissolved. The case of United States v. Alcoa
United States v. Alcoa
United States v. Alcoa, 148 F.2d 416 , is a landmark decision concerning United States antitrust law. Judge Learned Hand's opinion is notable for its discussion of determining the relevant market for market share analysis and—more importantly—its discussion of the circumstances under...
was settled six years later.
Alcoa established an 8% stake in China
China
Chinese civilization may refer to:* China for more general discussion of the country.* Chinese culture* Greater China, the transnational community of ethnic Chinese.* History of China* Sinosphere, the area historically affected by Chinese culture...
's state-run
Government-owned corporation
A government-owned corporation, state-owned company, state-owned entity, state enterprise, publicly owned corporation, government business enterprise, or parastatal is a legal entity created by a government to undertake commercial activities on behalf of an owner government...
aluminum industry and has formed a strategic alliance
Strategic alliance
A Strategic Alliance is a relationship between two or more parties to pursue a set of agreed upon goals or to meet a critical business need while remaining independent organizations...
with Aluminium Corporation of China (Chalco), China's largest aluminum producer, at its Pingguo facility. Alcoa sold this stake on September 12, 2007.
Alcoa has also acquired two facilities in Russia
Russia
Russia or , officially known as both Russia and the Russian Federation , is a country in northern Eurasia. It is a federal semi-presidential republic, comprising 83 federal subjects...
, at Samara
Samara, Russia
Samara , is the sixth largest city in Russia. It is situated in the southeastern part of European Russia at the confluence of the Volga and Samara Rivers. Samara is the administrative center of Samara Oblast. Population: . The metropolitan area of Samara-Tolyatti-Syzran within Samara Oblast...
and Belaya Kalitva
Belaya Kalitva
Belaya Kalitva is a town and the administrative center of Belokalitvinsky District of Rostov Oblast, Russia. Population: -External links:*...
. Alcoa recently launched an offer to purchase the remaining 18% of the Belaya Kalitva plant from minority shareholder
Shareholder
A shareholder or stockholder is an individual or institution that legally owns one or more shares of stock in a public or private corporation. Shareholders own the stock, but not the corporation itself ....
s, giving it complete ownership in the facility.
In 2004, Alcoa's specialty chemicals division was sold to Rhône Group
Rhône Group
Rhône Group is a private equity firm, specializing in mergers and acquisitions, leveraged buyouts, recapitalizations, and partnerships with particular focus on European and Trans- Atlantic investments...
, who then changed the name to Almatis, Inc..
In 2005, Alcoa began construction in Iceland
Economy of Iceland
The economy of Iceland is small and subject to high volatility. In 2007, gross domestic product was US$12.144bn in total and $38,400 per capita, based on purchasing power parity estimates...
on Alcoa Fjarðaál, a state-of-the-art aluminum smelter and the company's first greenfield
Greenfield project
In many disciplines a greenfield is a project that lacks any constraints imposed by prior work. The analogy is to that of construction on greenfield land where there is no need to remodel or demolish an existing structure...
smelter in more than 20 years, albeit under heavy criticism by local and international NGOs related to a controversial dam project exclusively dedicated to supplying electricity to this smelter. Also, Alcoa has completed or is undergoing primary aluminum expansion projects in Brazil
Economy of Brazil
The economy of Brazil is the world's seventh largest by nominal GDP and eighth largest by purchasing power parity. Brazil has moderately free markets and an inward-oriented economy...
, Jamaica
Economy of Jamaica
Jamaica has natural resources, primarily bauxite, and an ideal climate conducive to agriculture and tourism. The discovery of bauxite in the 1940s and the subsequent establishment of the bauxite-alumina industry shifted Jamaica's economy from sugar and bananas...
, and Pinjarra, Western Australia
Pinjarra, Western Australia
Pinjarra is a town in the Peel region of Western Australia along the South Western Highway, from the state capital, Perth and south-east of the coastal city of Mandurah. Its local government area is the Shire of Murray. At the 2006 census, Pinjarra had a population of 3,279.Pinjarra is an area...
.
In 2006, Alcoa relocated its top executives from its headquarters in Pittsburgh to New York City. Although the company's principal office is located in New York City, the company's operational headquarters are still located at its Corporate Center in Pittsburgh. Alcoa employs approximately 2,000 people at its Corporate Center in Pittsburgh and 60 at its principal office in New York.
Alcoa was named one of the top three most sustainable corporations in the world at the World Economic Forum
World Economic Forum
The World Economic Forum is a Swiss non-profit foundation, based in Cologny, Geneva, best known for its annual meeting in Davos, a mountain resort in Graubünden, in the eastern Alps region of Switzerland....
in Davos, Switzerland.
On 8 May 2008, Klaus Kleinfeld was appointed new CEO of Alcoa, substituting Alain Belda. On April 23, 2010, Alcoa’s Board of Directors elected Mr. Kleinfeld to the office of Chairman, following Mr. Belda’s planned retirement.
Environmental record
The Political Economy Research Institute ranks Alcoa 15th among corporations emitting airborne pollutants in the United States. The ranking is based on the quantity (13 million pounds in 2005) and toxicity of the emissions. In April 2003, Alcoa Inc. agreed to spend an estimated $330 million to install a new coal-fired power plant with state-of-the-art pollution controls to eliminate the vast majority of sulfur dioxideSulfur dioxide
Sulfur dioxide is the chemical compound with the formula . It is released by volcanoes and in various industrial processes. Since coal and petroleum often contain sulfur compounds, their combustion generates sulfur dioxide unless the sulfur compounds are removed before burning the fuel...
and nitrogen dioxide
Nitrogen dioxide
Nitrogen dioxide is the chemical compound with the formula it is one of several nitrogen oxides. is an intermediate in the industrial synthesis of nitric acid, millions of tons of which are produced each year. This reddish-brown toxic gas has a characteristic sharp, biting odor and is a prominent...
emissions from the power plant at Alcoa's aluminum production facility in Rockdale
Rockdale, Texas
Rockdale is a city in Milam County, Texas, United States. The population was 5,440 at the 2000 census.Rockdale was the site of a large Alcoa smelting operation, which could produce 1.67 million pounds of aluminum per day. The ALCOA plant was closed in late 2008 - early 2009.Author George Sessions...
, Texas
Texas
Texas is the second largest U.S. state by both area and population, and the largest state by area in the contiguous United States.The name, based on the Caddo word "Tejas" meaning "friends" or "allies", was applied by the Spanish to the Caddo themselves and to the region of their settlement in...
. The settlement was the ninth case the Bush administration pursued to bring the coal-fired power plant industry into full compliance with the Clean Air Act
Clean Air Act
A Clean Air Act is one of a number of pieces of legislation relating to the reduction of airborne contaminants, smog and air pollution in general. The use by governments to enforce clean air standards has contributed to an improvement in human health and longer life spans...
. Alcoa was unlawfully operating at the Rockdale facility since it overhauled the Rockdale power plant without installing necessary pollution controls and without first obtaining proper permits required by "New Source Review
New Source Review
The New Source Review, is a permitting process created by the US Congress in 1977 as part of a series of amendments to the Clean Air Act. The NSR process requires industry to undergo an Environmental Protection Agency pre-construction review for environmental controls if they propose either...
" program of the Clean Air Act. In February 1999, Alcoa cleaned soils and sediment contaminated with polychlorinated biphenyls (PCB) and lead at the York Oil federal Superfund site in Moira, New York
Moira, New York
Moira is a town in Franklin County, New York, United States. The population was 2,857 at the 2000 census. Moira is located on the western border of Franklin County and is west of the Village of Malone.- History :...
in accordance with the Environmental Protection Agency. The site, a former waste oil recycling storage facility, accepted waste oil from a number of companies, including Alcoa. The facility was improperly managed and operated and, as a result, soils on the York Oil Property and nearby wetlands sediments and groundwater were contaminated. The United States Environmental Protection Agency (EPA) issued a Superfund Unilateral Order on December 31, 1998 requiring Alcoa to excavate, treat and dispose of the contaminated wetlands sediments.
The Brazilian government used Agent Orange
Agent Orange
Agent Orange is the code name for one of the herbicides and defoliants used by the U.S. military as part of its herbicidal warfare program, Operation Ranch Hand, during the Vietnam War from 1961 to 1971. Vietnam estimates 400,000 people were killed or maimed, and 500,000 children born with birth...
to defoliate a large section of the Amazon rainforest
Amazon Rainforest
The Amazon Rainforest , also known in English as Amazonia or the Amazon Jungle, is a moist broadleaf forest that covers most of the Amazon Basin of South America...
so that Alcoa could build the Tucuruí dam to power mining operations. Large areas of rainforest were destroyed, along with the homes and livelihoods of thousands of rural peasants and indigenous tribes.
Alcoa in Ghana
Alcoa's affiliate in GhanaGhana
Ghana , officially the Republic of Ghana, is a country located in West Africa. It is bordered by Côte d'Ivoire to the west, Burkina Faso to the north, Togo to the east, and the Gulf of Guinea to the south...
, the Volta Aluminum Company
Volta Aluminum Company
Volta Aluminum Company, known as Valco, is an aluminium company based in Ghana founded by Kaiser Aluminum and now wholly owned by the government of Ghana. Valco is a joint venture with Alcoa, the major aluminum conglomerate based in the United States. In 1961 Valco invested in the Akosombo Dam...
, was completely closed between May 2003 and early 2006, due to problems with its electricity
Electricity
Electricity is a general term encompassing a variety of phenomena resulting from the presence and flow of electric charge. These include many easily recognizable phenomena, such as lightning, static electricity, and the flow of electrical current in an electrical wire...
supply.
Alcoa in Iceland
The Fjardaál smelter in eastern Iceland was completed in June 2007, and brought into full operation the following April. The plant processes 940 tons of aluminum a day, with a capacity of 346,000 metric tons a year, making it Alcoa's second largest capacity smelter. For power, the plant relies on the Kárahnjúkar Hydropower Plant, constructed and operated by the state owned LandsvirkjunLandsvirkjun
Landsvirkjun is the largest energy producer in Iceland. It was founded in 1965 by the city of Reykjavík and the state of Iceland. Its general purpose is to produce and provide electricity for heavy industry and to sell electricity to local providers around Iceland...
specifically for the smelting operation. That project was subject to controversy due to its impact on the environment.
Alcoa and the government of Iceland have signed an agreement on instigating a thorough feasibility study for a new 250,000 tpy (Tons Per Year) smelter in Bakki by Húsavík
Húsavík
Húsavík is a town in Norðurþing municipality on the north coast of Iceland on the shores of Skjálfandi bay with 2,237 inhabitants.-Overview:The income of the inhabitants is derived from tourism and fishing, as well as retail and small industry...
in Northern Iceland.
Alcoa in the United Kingdom
Kitts Green, Birmingham, EnglandEstablished shortly before World War II, the facility at Kitts Green
Kitts Green
Kitts Green is an area of Birmingham, England which is situated on the borders of Stechford, Ward End, Shard End, Lea Village and the Meadway. The original green which belonged to 'Mr Kitts' is located opposite St Richards Church near Lea Hall railway station....
, Birmingham
Birmingham
Birmingham is a city and metropolitan borough in the West Midlands of England. It is the most populous British city outside the capital London, with a population of 1,036,900 , and lies at the heart of the West Midlands conurbation, the second most populous urban area in the United Kingdom with a...
has produced many aluminium products. Throughout the 1960s, 70s and 80s the plant became focused on flat-rolled products for the aerospace industry.
As of 2007 the plant employed approx 530 employees.
Swansea, South Wales
On November 21, 2006, Alcoa announced that it planned to close the Waunarlwydd
Waunarlwydd
Waunarlwydd is a village near Swansea, Wales, falling within the Cockett ward.A mostly residential area, the pronunciation of Waunarlwydd is approximately like "Wine are Lloyd" in English...
works in Swansea
Swansea
Swansea is a coastal city and county in Wales. Swansea is in the historic county boundaries of Glamorgan. Situated on the sandy South West Wales coast, the county area includes the Gower Peninsula and the Lliw uplands...
, with the loss of 298 jobs. Production ceased at the Swansea plant on January 27, 2007. A small site closure team worked at the site until the 31st December 2008. The site is still owned by Alcoa, but is now managed locally and renamed, Westfield Industrial Park. Several of the large buildings are leased out to local businesses.
Alcoa in Australia
Alcoa operates bauxite mines, alumina refineries and aluminum smelters through Alcoa World Alumina and ChemicalsAlcoa World Alumina and Chemicals
Alcoa World Alumina and Chemicals is a joint venture between Alumina Limited and Alcoa and is abbreviated to AWAC. AWAC's business is the mining of bauxite, the extraction of alumina and the smelting of aluminium. It has about 25% of the global alumina market...
, which is a joint venture between Alumina Limited
Alumina Limited
Alumina Limited is a public company listed on the Australian and New York Stock Exchanges. It was formed in 2003 in a demerger from Western Mining Corporation, and is one of the largest companies on the ASX....
and Alcoa. Alcoa operates two bauxite mines in Western Australia - the Huntly and Willowdale mines. Alcoa World Alumina and Chemicals owns and operates three alumina refineries in Western Australia
Western Australia
Western Australia is a state of Australia, occupying the entire western third of the Australian continent. It is bounded by the Indian Ocean to the north and west, the Great Australian Bight and Indian Ocean to the south, the Northern Territory to the north-east and South Australia to the south-east...
: Kwinana, Pinjarra and Wagerup. The Wagerup expasion plans have been put on hold due to the Global Financial Crisis. Two aluminum smelters are also operated in the state of Victoria
Victoria (Australia)
Victoria is the second most populous state in Australia. Geographically the smallest mainland state, Victoria is bordered by New South Wales, South Australia, and Tasmania on Boundary Islet to the north, west and south respectively....
at Portland
Portland, Victoria
The city of Portland is the oldest European settlement in what is now the state of Victoria, Australia. It is the main urban centre of the Shire of Glenelg. It is located on Portland Bay.-History:...
and Point Henry
Point Henry smelter
The Point Henry aluminium smelter is located near Geelong, Victoria in the suburb of Moolap. The smelter has a production capacity of 185,000 tonnes of aluminium a year. It is operated by Alcoa World Alumina and Chemicals Australia, a joint venture between Alcoa and Alumina Limited...
. Alcoa Australia Rolled Products a 100% Alcoa Inc. venture, operates two rolling mills. The Point Henry Rolling mill in Victoria and the Yennora rolling mill in N.S.W. have a combined rolling capacity of approx. 200,000 tonnes. Alcoa uses 12,600 GWh or 28% of Victoria's electricity annually.
Alcoa's Western Australian Wagerup plant has a troubled history in the context of claims that pollution from the plant has had an adverse impact on the health of members of the adjacent local community.
Alcoa in the United States
Alcoa created a plant just outside of Maryville, TennesseeMaryville, Tennessee
Maryville is the county seat of Blount County, Tennessee, in the Southeastern United States. The city is located south of Knoxville. Maryville's population was 27,258 at the 2010 census. It is included in the Knoxville Metropolitan Area. Maryville has received a number of accolades for its...
in Blount County, Tennessee
Blount County, Tennessee
Blount County is a U.S. county located in the U.S. state of Tennessee. Its population was 123,010 at the United States Census, 2010. The county seat is at Maryville, which is also the county's largest city....
, which was the biggest provider of aluminum in the South. The area needed housing for workers, so Alcoa built many houses. The area eventually turned into a city and the wife of Alcoa hydro engineer James Rickey came up with the name Alcoa as an acronym for Aluminum Company of America. The name Alcoa was, therefore, created specifically to name the town Alcoa, Tennessee
Alcoa, Tennessee
Alcoa is a city in Blount County, Tennessee, United States, south of Knoxville. Its population was 7,744 at the 2000 census. It is part of the Knoxville, Tennessee Metropolitan Statistical Area....
, which was founded in 1919. Over time, the name Alcoa was unofficially used to reference the company as well. The Aluminum Company of America officially changed its name to Alcoa, Inc. in 1999.
Alcoa's Massena West plant is the longest operating smelter in the United States, having been in continuous operation since 1902. The Reynolds Aluminum Plant became Massena East when the companies merged in 2000.
Alcoa had a smelting plant in Badin, North Carolina
Badin, North Carolina
Badin is a town located in Stanly County, North Carolina. As of the 2000 census, the town had a total population of 1,154.-Geography:Badin is located at 35°24'17" North, 80°6'57" West ....
from 1917 to 2007 and continues a hydroelectric power
Alcoa Power Generating Inc.
Alcoa Power Generating, Inc. is a subsidiary of Alcoa, Inc., headquartered in Pittsburgh, Pennsylvania. Its three divisions were independent subsidiaries before being consolidated into Alcoa Power Generating, Inc....
operation there.
Alcoa maintains several Research and Development Centers in the United States. The largest one, Alcoa Technical Center, is located East of its Pittsburgh Headquarters at Alcoa Center, PA. The "Tech Center" is as large as some college campuses, has its own Zip Code and maintains an extensive intellectual and physical resource for innovation. Alcoa's extensive safety program continuously improves safety at the Tech Center. After Paul O'Neill became Alcoa CEO in 1987, Alcoa became one of the safest companies in the world, despite the aluminum industry's inherent risks.
Alcoa also has a subsidiary called Alcoa Fastening Systems, which manufactures aerospace fasteners. AFS Headquarters is located in Torrance, CA and in France, with half of the manufacturing locations located in southern California and others located in Arizona, New York, France, Germany, China, Hungary, Mexico, UK and Morocco. AFS also compromises Sales and Distribution/Logistics.
http://www.alcoa.com/fastening_systems/en/home.asp
President Barack Obama
Barack Obama
Barack Hussein Obama II is the 44th and current President of the United States. He is the first African American to hold the office. Obama previously served as a United States Senator from Illinois, from January 2005 until he resigned following his victory in the 2008 presidential election.Born in...
visited the Alcoa Davenport Works Factory in Bettendorf, Iowa
Bettendorf, Iowa
Bettendorf is a city in Scott County, Iowa, United States. Bettendorf is the fifteenth largest city in the U.S. state of Iowa and the fourth largest city in the "Quad Cities". As of the 2010 United States Census the population grew to 33,217. Bettendorf is one of the Quad Cities, along with...
, as part of the Quad Cities
Quad Cities
The Quad Cities is a group of five cities straddling the Mississippi River on the Iowa–Illinois boundary. These cities, Davenport and Bettendorf and Rock Island, Moline, and East Moline , are the center of the Quad Cities Metropolitan Area, which, as of 2010, had an estimated population of...
tour, on Tuesday, June 28, 2011.
Alcoa World Alumina and Chemicals
Alcoa owns and operates the majority of its alumina refineries through its 60% share of Alcoa World Alumina and ChemicalsAlcoa World Alumina and Chemicals
Alcoa World Alumina and Chemicals is a joint venture between Alumina Limited and Alcoa and is abbreviated to AWAC. AWAC's business is the mining of bauxite, the extraction of alumina and the smelting of aluminium. It has about 25% of the global alumina market...
.
Strategically Alcoa would like to own more of this upstream activity (obviously).
Alcoa primary aluminum smelters
Alcoa has interests in 25 primary aluminum smelters in 8 countries.Country | Location | Equity ownership | Plant Total Nameplate capacity (kt per year) | Alcoa's Capacity (kt per year) |
---|---|---|---|---|
AustraliaAustralia Australia Australia , officially the Commonwealth of Australia, is a country in the Southern Hemisphere comprising the mainland of the Australian continent, the island of Tasmania, and numerous smaller islands in the Indian and Pacific Oceans. It is the world's sixth-largest country by total area... |
Point Henry Point Henry smelter The Point Henry aluminium smelter is located near Geelong, Victoria in the suburb of Moolap. The smelter has a production capacity of 185,000 tonnes of aluminium a year. It is operated by Alcoa World Alumina and Chemicals Australia, a joint venture between Alcoa and Alumina Limited... |
100% | 190 | 190 |
AustraliaAustralia Australia Australia , officially the Commonwealth of Australia, is a country in the Southern Hemisphere comprising the mainland of the Australian continent, the island of Tasmania, and numerous smaller islands in the Indian and Pacific Oceans. It is the world's sixth-largest country by total area... |
Portland | 55% | 358 | 197 |
BrazilBrazil Brazil Brazil , officially the Federative Republic of Brazil , is the largest country in South America. It is the world's fifth largest country, both by geographical area and by population with over 192 million people... |
Poços de Caldas Poços de Caldas Poços de Caldas is a city and municipality in south-western Minas Gerais state, Brazil, in the microregion of the same name. Its estimated population in 2009 was 151,449 inhabitants... |
100% | 96 | 96 |
BrazilBrazil Brazil Brazil , officially the Federative Republic of Brazil , is the largest country in South America. It is the world's fifth largest country, both by geographical area and by population with over 192 million people... |
São Luís (Alumar) | 60% | 447 | 268 |
CanadaCanada Canada Canada is a North American country consisting of ten provinces and three territories. Located in the northern part of the continent, it extends from the Atlantic Ocean in the east to the Pacific Ocean in the west, and northward into the Arctic Ocean... |
Baie-Comeau* | 100% | 385 | 385 |
CanadaCanada Canada Canada is a North American country consisting of ten provinces and three territories. Located in the northern part of the continent, it extends from the Atlantic Ocean in the east to the Pacific Ocean in the west, and northward into the Arctic Ocean... |
Bécancour | 75% | 413 | 310 |
CanadaCanada Canada Canada is a North American country consisting of ten provinces and three territories. Located in the northern part of the continent, it extends from the Atlantic Ocean in the east to the Pacific Ocean in the west, and northward into the Arctic Ocean... |
Deschambault | 100% | 260 | 260 |
IcelandIceland Iceland Iceland , described as the Republic of Iceland, is a Nordic and European island country in the North Atlantic Ocean, on the Mid-Atlantic Ridge. Iceland also refers to the main island of the country, which contains almost all the population and almost all the land area. The country has a population... |
Fjarðaál | 100% | 344 | 344 |
ItalyItaly Italy Italy , officially the Italian Republic languages]] under the European Charter for Regional or Minority Languages. In each of these, Italy's official name is as follows:;;;;;;;;), is a unitary parliamentary republic in South-Central Europe. To the north it borders France, Switzerland, Austria and... |
Fusina | 100% | 44 | 44 |
ItalyItaly Italy Italy , officially the Italian Republic languages]] under the European Charter for Regional or Minority Languages. In each of these, Italy's official name is as follows:;;;;;;;;), is a unitary parliamentary republic in South-Central Europe. To the north it borders France, Switzerland, Austria and... |
Portovesme | 100% | 150 | 150 |
NorwayNorway Norway Norway , officially the Kingdom of Norway, is a Nordic unitary constitutional monarchy whose territory comprises the western portion of the Scandinavian Peninsula, Jan Mayen, and the Arctic archipelago of Svalbard and Bouvet Island. Norway has a total area of and a population of about 4.9 million... |
Lista | 100% | 150 | 150 |
NorwayNorway Norway Norway , officially the Kingdom of Norway, is a Nordic unitary constitutional monarchy whose territory comprises the western portion of the Scandinavian Peninsula, Jan Mayen, and the Arctic archipelago of Svalbard and Bouvet Island. Norway has a total area of and a population of about 4.9 million... |
Mosjøen Mosjøen -History:Mosjøen was founded in the 17th century as local farmers met here to trade, and has been growing since then. Sawmills were built here in 1866 by a British company, and Mosjøen got township rights in 1875. It is the oldest town in the Helgeland region and the second oldest town in Nordland... |
100% | 188 | 188 |
SpainSpain Spain Spain , officially the Kingdom of Spain languages]] under the European Charter for Regional or Minority Languages. In each of these, Spain's official name is as follows:;;;;;;), is a country and member state of the European Union located in southwestern Europe on the Iberian Peninsula... |
Avilés Avilés Avilés is a city in Asturias, Spain. Avilés is with Oviedo and Gijón, one of the main towns in the Principality of Asturias.The town occupies the flattest land in the municipality, in a land that belonged to the sea, surrounded by small promontories, all of them having an altitude of less than... |
100% | 93 | 93 |
SpainSpain Spain Spain , officially the Kingdom of Spain languages]] under the European Charter for Regional or Minority Languages. In each of these, Spain's official name is as follows:;;;;;;), is a country and member state of the European Union located in southwestern Europe on the Iberian Peninsula... |
La Coruña | 100% | 87 | 87 |
SpainSpain Spain Spain , officially the Kingdom of Spain languages]] under the European Charter for Regional or Minority Languages. In each of these, Spain's official name is as follows:;;;;;;), is a country and member state of the European Union located in southwestern Europe on the Iberian Peninsula... |
San Cibrao San Cibrao San Cibrao is an industrial and fishing town, part of Cervo in Northwestern Spain.- Port of San Cibrao :... |
100% | 228 | 228 |
United StatesUnited States United States The United States of America is a federal constitutional republic comprising fifty states and a federal district... |
Alcoa, TN** | 100% | 215 | 215 |
United StatesUnited States United States The United States of America is a federal constitutional republic comprising fifty states and a federal district... |
Badin, NC** | 100% | 60 | 60 |
United StatesUnited States United States The United States of America is a federal constitutional republic comprising fifty states and a federal district... |
Newburgh, IN (Warrick)* | 100% | 309 | 309 |
United StatesUnited States United States The United States of America is a federal constitutional republic comprising fifty states and a federal district... |
Ferndale, WA (Intalco)* | 100% | 279 | 279 |
United StatesUnited States United States The United States of America is a federal constitutional republic comprising fifty states and a federal district... |
Frederick, MD (Eastalco)** | 100% | 195 | 195 |
United StatesUnited States United States The United States of America is a federal constitutional republic comprising fifty states and a federal district... |
Massena (East Plant), NY** | 100% | 125 | 125 |
United StatesUnited States United States The United States of America is a federal constitutional republic comprising fifty states and a federal district... |
Massena (West Plant), NY | 100% | 130 | 130 |
United StatesUnited States United States The United States of America is a federal constitutional republic comprising fifty states and a federal district... |
Mount Holly, SC | 50% | 229 | 115 |
United StatesUnited States United States The United States of America is a federal constitutional republic comprising fifty states and a federal district... |
Rockdale, TX** | 100% | 267 | 267 |
United StatesUnited States United States The United States of America is a federal constitutional republic comprising fifty states and a federal district... |
Wenatchee, WA*** | 100% | 184 | 184 |
See also
- AluminaAluminium oxideAluminium oxide is an amphoteric oxide with the chemical formula 23. It is commonly referred to as alumina, or corundum in its crystalline form, as well as many other names, reflecting its widespread occurrence in nature and industry...
- List of alumina refineries
- Alcoa World Alumina and ChemicalsAlcoa World Alumina and ChemicalsAlcoa World Alumina and Chemicals is a joint venture between Alumina Limited and Alcoa and is abbreviated to AWAC. AWAC's business is the mining of bauxite, the extraction of alumina and the smelting of aluminium. It has about 25% of the global alumina market...
- Alcoa, TennesseeAlcoa, TennesseeAlcoa is a city in Blount County, Tennessee, United States, south of Knoxville. Its population was 7,744 at the 2000 census. It is part of the Knoxville, Tennessee Metropolitan Statistical Area....
- Alcoa Power Generating Inc.Alcoa Power Generating Inc.Alcoa Power Generating, Inc. is a subsidiary of Alcoa, Inc., headquartered in Pittsburgh, Pennsylvania. Its three divisions were independent subsidiaries before being consolidated into Alcoa Power Generating, Inc....
- List of aluminum smelters
External links
- Official Web site
- Alcoa Video and Audio on MarketWatch
- Top Companies of the Decade From Business Week magazine
- The Bad Neighbor: Alcoa's Dirty Dealings in Texas From Dollars & SenseDollars & SenseDollars & Sense is a magazine dedicated to providing left-wing perspectives on economics.Published six times a year since 1974, it is edited by a collective of economists, journalists, and activists committed to the ideals of social justice and economic democracy.It was initially sponsored by the...
magazine. - Russia dethrones US metals king
- Something in the Air - The Clash Between a Giant Industry that makes an essential product and a small community dogged by illness and struggling for survival
- Protesters plan to lodge Supreme Court writ over Alcoa smelter
- Alcoa expands despite toxins