RUSSIA: SUAL LOOKS TO ALCOA ON KOMI PROJECT.(Brief Article)

From: IPR Strategic Business Information Database | Date: October 14, 2003 | Copyright information

Second-place Russian aluminum producer SUAL is in talks with U.S.-based Alcoa about collaboration on SUAL's planned $2 billion aluminum production facility in the northern Komi Republic, the "Financial Times" reported on 26 September. A SUAL representative confirmed to "The Wall Street Journal" the same day that Alcoa CEO Alan Belda recently met with his Russian aluminum colleagues to discuss Alcoa's possible purchase of a 50 percent stake in the Komi plant. SUAL had reached an agr...