Lower alumina pricing hits Alcoa revenues
Revenues of $5.2 billion, down 6% year-on-year, were recorded in Alcoa’s consolidated financial highlights for Q3 2016. The revenue fall was attributed to the impact of curtailed and closed operations, lower alumina pricing as well as other pricing pressures. The results drilled down to the performance of Alcoa’s separate businesses, with separation scheduled to become effective before […]
Dow Jones names Alcoa a sustainability leader for 15th year in a row
Alcoa has maintained its consistent position as a world leading sustainability leader, according to the Dow Jones Sustainability Indices (DJSI). For the fifteenth year in a row the lightweight metals specialist was named in the DJSI, a globally recognised benchmark for corporate responsibility and sustainability. Alcoa was again named as the Aluminum Industry Leader on the Dow Jones […]
Rivco and Arpel are coming to Torque-Expo 2016
Rivco and Arpel are two of the latest exciting exhibitors signed up to October’s Torque-Expo. The former will bring Huck to the Silverstone show, while Arpel will showcase FAR at the Expo. You can find the full list of exhibitors at the official Torque-Expo site. Rivco will be joined this year at the show by the […]
Metal pricing impacts Alcoa Q2 results
Alcoa’s Q2 revenue fell 10% year-on-year to $5.3 billion, with metal pricing fluctuations impacting the company’s financials. The firm, soon to officially separate into the Alcoa Upstream Corporation and Value-Add Arconic, said it saw a 4% revenue increase from recent acquisitions and organic growth, which was offset by a 14% decline, due in part to […]
Alcoa opens 3D Printing Metal Powder Plant
Lightweight metals player Alcoa has opened a state-of-the-art, 3D printing metal powder production facility near Pittsburgh, Pennsylvania. Alcoa will produce proprietary titanium, nickel and aluminum powders optimised for 3D printed aerospace parts at the facility, which is located at the Alcoa Technology Center, reportedly the world’s largest light metals research centre. Metal powders used for 3D printing […]
Alcoa’s business split to go live by 2016 end
Alcoa is separating to create a globally-focused cost competitive ‘Upstream’ company and an innovation and tech-driven ‘Value-Add’ company. The lightweight metal specialist predicts the move will be complete in the second half of 2016. The Alcoa Upstream Corporation will be renamed Alcoa Corporation and, as you might expect, will hold the Upstream side of the […]