Alcan
Alcan Inc. is Canada's largest aluminum company and the world's second largest behind Alcoa (however Alcan is largest by sales). Alcan mines bauxite (aluminum ore) and makes and recycles aluminum sheets, foil, wire and cable, and parts for doors, windows and auto parts. Alcan has over 470 facilities in 55 countries and sells to the packaging, transportation and construction industries.
Related Topics:
Canada - Aluminum - Company - Alcoa - Bauxite - Foil - Wire - Cable - Countries - Packaging - Transport - Construction - Industries
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In 1999, Alcan made a failed attempt to make a three-way merger between it and Algroup (Alusuisse Lonza Group) of Switzerland and Pechiney of France. The proposed merger was blocked by the European Commission due to fears of anti-competition. After the deal fell through, Alcan acquired Algroup in 2000. Then in 2003, Alcan acquired Pechiney, completing the original three-way merger plan of 1999.
Related Topics:
1999 - Merger - Algroup - Switzerland - Pechiney - France - European Commission - 2000 - 2003
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Alcan is based in Montreal, Quebec and had revenues of US$24.9 billion and 70,000 employees worldwide in 2004.
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