March Proves Pivotal for Alcoa's Business Transition Plan

SUGAR LAND--April 7, 2015--Researched by Industrial Info Resources (Sugar Land, Texas)--Alcoa's (NYSE:AA) (New York) curtailment of the remaining 74,000 tonnes of aluminum smelting capacity at its Sao Luis facility in Brazil later this month will be the latest in a series of actions aimed at cutting upstream production costs while enhancing its downstream, value-added businesses. The industry giant announced the curtailment March 30, saying the action is in line with its review of 500,000 tonnes of smelting capacity and 2.8 million tonnes of refining capacity for possible curtailment, closure or sale. Industrial Info is tracking 37 active Alcoa projects worth $4.86 billion.

Within this article: Details on Alcoa's plans, including an aluminum smelter in Greenland and an aluminum sheet plant in Tennessee.

Additional companies: RTI International Metals (NYSE:RTI)