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  September 5, 2001
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Home > Company Index > Metals & Mining > Aluminum > Pechiney

Pechiney
NYSE: PY
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 NEWS FROM THE WIRES
Pechiney Plastic says cutting 220 jobs with plant closure
Jul 24 2001 12:53 PM PDT

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 PROFILE
When you squeeze a tube of toothpaste or lean against a car, you could be in touch with Pechiney. The company makes aluminum semi-finished sheet and specialty products, aluminum extrusions, and metal and plastic packaging. Besides being a leading European maker of primary aluminum and flat-rolled aluminum products, Pechiney also makes laminated ointment tubes, aerosol cans, and plastic packaging for cosmetics and perfumes. The company has sold its stake in American National Can to Rexam. Pechiney's proposed three-way merger with Alcan and Alusuisse Lonza Group (Algroup) fell apart, but the company has acquired JPS Packaging. Europe accounts for about 60% of Pechiney's sales.

 COMPETITION
Alcan Inc. (AL)
Alcoa Inc. (AA)
Kaiser Aluminum Corporation (KLU)

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 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 10,197.00
1-Yr. Sales Growth: 4.7%
Employees: 31,272
Revenue per employee: $326,074.44

 KEY PEOPLE
• Jean-Pierre Rodier
    CEO
• Olivier Mallet
    CFO

 CONTACT INFO
7, place du Chancelier Adenauer
75116 Paris, France
Phone: 33-1-56-28-20-00
Fax: 33-1-56-28-33-38
Online: Web Site

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