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RUSSIA: SUAL LOOKS TO ALCOA ON KOMI PROJECT.(Brief Article)
From:
IPR Strategic Business Information Database
| Date:
October 14, 2003
| COPYRIGHT 2003 Info-Prod (Middle East) Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group.Copyright information
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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...