| Business Summary | | Alcan
Inc.
is
the
parent
company
of
an
international
group
involved
in
many
aspects
of
the
aluminum
and
packaging
industries.
Through
subsidiaries,
joint
ventures
and
related
companies
around
the
world,
the
activities
of
Alcan
include
bauxite
mining,
alumina
refining,
power
generation,
aluminum
smelting,
manufacturing,
recycling
and
packaging,
as
well
as
research
and
development.
Alcan
operates
three
specialized
recycling
plants
in
the
United
States,
with
total
annual
capacity
of
481,000
tonnes,
for
the
recycling
of
used
beverage
cans
and
process
scrap
returned
from
customers.
Alcan
is
a
leader
in
the
manufacture
and
sale
of
individual
packages
to
the
producers
of
consumer
goods
in
North
America
and
Western
Europe.
Packaging
is
used
to
protect
and
present
consumer
goods
in
individual
formats;
it
is
also
used
to
collate
and
transport
consumer
packages,
and
to
protect
and
transport
industrial
and
agricultural
goods. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Alcan
Inc.
is
engaged
in
all
aspects
of
the
aluminum
business,
including
refining,
mining,
smelting
and
recycling.
For
the
six
months
ended
6/30/01,
revenues
rose
60%
to
$6.49
billion.
Net
income
applicable
to
Common
according
to
US
GAAP
before
acct.
change
decreased
45%
to
$176
million.
Revenues
reflect
increased
metal
sales,
along
with
a
higher
number
of
packages
shipped.
Earnings
were
offset
by
the
inclusion
of
charges
for
the
impairment
of
bauxite
assets
in
Jamaica. | More
from
Market Guide: Significant
Developments |
| Officers | |
| Position | John Evans, 71 | Chairman | D. Travis Engen, 56 | Pres,
CEO, Director | Geoffery Merszei | CFO,
Exec. VP | R. Evans, 52 | Exec.
VP, Pres, Aluminum Fabrication Europe | E. LeBlanc, 58 | Exec.
VP, Pres, Alcan Primary Metal Group |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|