Rio Tinto Alcan

Rio Tinto Alcan Inc.
legal form	Subsidiary of the Rio Tinto Group
founding	1902
Seat	Montreal , Canada
management	Richard Evans (President and CEO )
Number of employees	64,700 (2006)
sales	23,641,000,000 US dollars (2006)
Branch	aluminum
Website	www.riotintoalcan.com

Logo from Alcan until the takeover by Rio Tinto in 2007

Rio Tinto Alcan (now Rio Tinto Aluminum ) is one of the largest aluminum manufacturers in the world and is a subsidiary of the Rio Tinto Group . The company is divided into three divisions :

Bauxite and clay ,
Primary aluminum ,
Technical products.

history

The company was founded in 1902 as a subsidiary of Alcoa and was named "Northern Aluminum Company Limited". In 1925 the name was changed to " Al uminum Company of Can ada Limited" and 1928, the elimination of Alcoa as an independent company. In 1945 the company was registered as Alcan .

With Jacques Bougie , who was appointed CEO of Alcan in 1993 , the company embarked on a worldwide expansion course. Bougie stepped down as CEO in 2001, shortly after he had acquired the Swiss Algroup for Alcan.

With the takeover of Alusuisse (2000), the packaging division of the former VAW and the French aluminum group Péchiney (2003), the group had grown strongly. However, at the beginning of 2005, most of the rolling mills were spun off into an independent listed company, Novelis .

In 2007 there was a takeover battle for Alcan. The British-Australian mining group Rio Tinto and the American company Alcoa tried to take over the group at times . Rio Tinto's offer was $ 39 billion. Alcoa previously offered $ 28 billion for Alcan. In July 2007, Alcoa withdrew its offer for Alcan.

The governing bodies of Rio Tinto and Alcan approved a takeover by Rio Tinto when the Brazilian corporation CVRD announced that it would make a takeover bid. A purchase price of US $ 38.7 billion has now been set and Alcan will continue to operate as a subsidiary of Rio Tinto. The company director and headquarters were retained. On October 23, 2007, Alcan was merged with the aluminum division of Rio Tinto and renamed Rio Tinto Alcan .

The packaging division was sold to Amcor in 2010 . In 2011, Alcan Engineered Products (aluminum processing) was spun off and has been an independent company called Constellium ever since .

In May 2015 it was announced that "Alcan" would be deleted from the company's name.

Steel mills

The following table shows all smelters in 2006 (before the merger), their capacity in kilotons (kt) and Alcan’s ownership .

country	place	Capacity (in kt)	Share (in%)
Australia	Tomago , New South Wales	520	52
Cameroon	Edéa (Alucam)	100	47
Canada	Alma (Quebec)	415	100
Canada	Arvida , Quebec	166	100
Canada	Beauharnois , Quebec	52	100
Canada	Bécancour (Quebec)	404	25th
Canada	Grande-Baie , Quebec	207	100
Canada	Kitimat , British Columbia	277	100
Canada	Laterriere , Quebec	228	100
Canada	Sept-Îles , Quebec (Alouette)	572	40
Canada	Shawinigan , Quebec	99	100
China People's Republic	Qingtongxia	152	50
France	Dunkirk	259	100
France	Lannemezan	50	100
France	Saint-Jean-de-Maurienne	135	100
Iceland	Reykjavík (ISAL)	179	100
Netherlands	Vlissingen	213	85
Norway	Husnes (SORAL)	164	50
Oman	Suhar ( Muscat )	k. A.	20th
United Kingdom	Hole but	43	100
United Kingdom	Lynemouth	178	100
United States	Sebree , Kentucky	196	100