Alcan + Pechiney A New World of Opportunity
Strategic Rationale
Regulatory Review
■ Divestiture of either
European Commission
■
Clearance by MTF, DOJ and French Treasury
■ 50% share in the AluNorf(1)
mill and the Göttingen and
Nachterstedt mills
Neuf-Brisach (1), Rugles and,
at purchaser's option,
Annecy
■ Continue licensing of alumina
refining and smelter cell
technologies
■ Divestiture of Alcan's anode
baking technology business
Elimination of the overlap in
aluminum aerosol cans and
aluminum cartridges
©2003 ALCAN INC.
US Department of Justice
▪ Divestiture of Pechiney's
aluminum rolling mill
located in Ravenswood
(West Virginia)
French Treasury
ALCAN
Continuity of operations at
industrial sites except those
which Pechiney has announced
would be closed
Location in France of:
Global HQ for packaging
and aerospace operations
Global HQ of new cell
technology for primary
aluminum
European headquarters
for primary aluminum
operations
Total commitments amount to approximately 5% of pro-forma sales
(1) Alcan's Latchford casting operations can also be added to either the AluNorf or Neuf-Brisach packages
at the purchaser's option.
Global HQ for engineered
products
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