Jamaican Plant’s Damage Assessment After Hurricane Dean Complete

---

Researched by Industrial Info Resources (Sugar Land, Texas)--On September 10, 2007, Alcoa (NYSE:AA ) announced the completion of the damage and impact assessment at its Alcoa World Alumina and Chemicals (AWAC) refinery and port in Jamaica. The Jamalco facilities, property of Alcoa World Alumina and Chemicals, a global alliance between Alcoa and Alumina Ltd., (55 %) and the government of Jamaica (45 %), were affected by Hurricane Dean in August.

As it was stated on August 18, 2007, the refinery halted because of the hurricane. For more information, view August 23, 2007, news article - Alcoa Jamaica Alumina Plant Remains Down in Wake of Hurricane Dean. The refinery remained suspended until power could be restored. Jamalco’s port in Rocky Point, Clarendon, suffered most of the impact. Significant repairs and temporary logistical support for shipping alumina will be performed while repair work is carried out. Work groups are preparing alumina storage, which is currently limiting the plant’s production capacity to 50%. Authorities expect to have the plant producing at full capacity by early November. The total impact from the hurricane at Alcoa’s Jamaican plant has been estimated at $10 million after taxes, including lost production, business interruption, repairs and insurance coverage. Alcoa, one of the world's leading producer and manager of primary aluminum, fabricated aluminum and alumina facilities, has stated that the company continues to make progress in addressing outages and curtailment costs at its Alcoa, Tennessee, and Rockdale, Texas, smelters, and expects them to be consistent with those in the second quarter of 2007.

View Plant Profile - 1058594
View Project Report - 52830013

Industrial Info Resources (IIR) provides marketing communication services ranging from industrial database solutions to market forecasting, custom analytics, and specialty promotions that support high-level image campaigns.