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Sunday 27 April 2014

Alcoa Global Aluminium Player


International players


Alcoa

Background

Alcoa is one of the leading players in the global aluminium industry. The company conducts operations in more than 200 locations in 35 countries. Based on the regional sales, United States and Europe contributed about 53 per cent and 26 per cent to Alcoa's sales in 2008. In addition, Alcoa has invested in activities in Australia, Brazil, China, Iceland, Guinea and Russia. Currently, Alcoa does not have a significant presence in the Indian aluminium industry.

Plant and capacity details

Since 1998, Alcoa has increased its primary aluminium capacity significantly through acquisitions. As of December 31, 2008, the company had about 4.5 million tonnes per annum (around 10 per cent of the global capacity of 43 million tpa) primary aluminium consolidated capacity and 0.8 million tonnes per annum idle capacity. In June 2008, Alcoa sold its 10 per cent interest in the Tema facility in Ghana to the Government of Ghana.

Globally, Alcoa is the largest player in alumina with a total consolidated capacity of 15.8 million tonnes (around 23 per cent of the global capacity). In June 2008, AWAC (Alcoa world alumina and chemicals) and Vietnam National Coal Minerals Industries Group signed a cooperation agreement in which AWAC agreed to acquire 40 per cent interest in the 600,000 mtpy Nhan Co alumina refinery to be constructed in Vietnam's Central Highlands in Dak Nong Province by a joint stock company majorly owned by Vinacomin.

Business mix

The company's operations consist of five segments worldwide: Alumina, primary metals, flat rolled products, engineered products packaging and consumer electronics. Aluminium and alumina represent more than three-fourths of the Alcoa's revenue. In the downstream semi-fabrications segment, Alcoa has presence in aerospace, automotive, packaging, buildings and construction and commercial transportation.

Market position

Alcoa is world leader in the production and management of primary aluminium, fabricated aluminium and alumina combined. The company is the world's third largest producer of aluminium behind Rio Tinto Alcan and Rusal.