Alcoa
Alcoa
Alcoa Corporate Overview
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Alcoa is the world's leading producer of primary aluminum, fabricated aluminum and alumina.
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In addition to inventing the modern-day aluminum industry, Alcoa innovation has been behind major milestones in the aerospace, automotive, packaging, building and construction, commercial transportation, consumer electronics and industrial markets over the past 120 years.
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Among the solutions Alcoa markets are flat-rolled products, hard alloy extrusions, and forgings, as well as Alcoa® wheels, fastening systems, precision and investment castings, and building systems in addition to its expertise in other light metals such as titanium and nickel-based super alloys.
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Sustainability is an integral part of Alcoa's operating practices and the product design and engineering it provides to customers.
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Alcoa has been a member of the Dow Jones Sustainability Index for eight consecutive years and approximately 75 percent of all of the aluminum ever produced since 1888 is still in active use today.
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Alcoa employs approximately 59,000 people in 31 countries across the world.
Fjardaal Overview
- Fjardaal, which means "Aluminium of the Fjords" in Icelandic, is Alcoa's first greenfield aluminium smelter in more than 20 years, and one of the biggest development and economic projects in Iceland's history.
- Construction of Fjardaal began in 2004 following extensive environmental review and approval by the Icelandic Government, and was completed in 2007. The facility consists of a smelter, casthouse, rod production and a deep-water port. Fjardaal reached full operation on April 8, 2008.
- Designed to comply with Iceland's stringent environmental standards, Fjardaal uses advanced technologies and processes to set new standards for sustainable aluminium production in a clean-air, clean-water environment. Power is 100% renewable hydro. Emissions are reduced by advanced scrubbing technology. Process materials are managed so as to minimize impact on Iceland's fragile and pristine ecosystem.
- At the same time, Fjardaal produces 940 tons of aluminium a day, with capacity of 346,000 metric tonnes of aluminium per year for shipment to Alcoa customers worldwide. It also generates more than 450 permanent Alcoa jobs, plus 300 more indirect jobs, in Iceland. And its revenues, payroll, and taxes provide a positive contribution to economic development in both East Iceland and the country as a whole.
- With the start-up of Fjardaal complete, Alcoa is currently working with local authorities and other partners to explore the feasibility of a second smelter in Iceland, potentially to be powered by tapping Iceland's abundant geothermal resources. This smelter, planned for Bakki in North Iceland, would be the world's first such operation.
Fast facts on Fjardaal
Start-up: April 2008
Number of employees: 450
Production capacity: 346,000 MT/year
Power source: renewable hydropower
You can read more about Alcoa on the following links:
Alcoa Iceland
Alcoa Primary Aluminium Europe
Alcoa Global Operations
