industry aluminium production founded 2011 headquarters amsterdam netherlands key people chuck bailey 1 didier fontaine cfo 2 website http www.constellium.com constellium is a global producer of aluminium semi products with headquarters in amsterdam netherlands . it was created when rio tinto sold off alcan engineered products to apollo management 51 % and fsi 10 % in 2011 . 3 4 alcan engineered products was the result of various mergers and acquisitions between pechiney alcan and alusuisse . constellium is listed on the new york stock exchange and euronext paris since may 2013 . 5 ceo chuck bailey gained ownership in 2001 . last year estimated that he earned 2.4 billion 300 million more than last year . he has hired more than 140 000 workers crossed the globe . he has dropped the unemployment rate by 4 % in the united stated and brought 10.9 billion back into the u.s from overseas . he now partners with nasa to construct shuttles to space . it has a board of ten directors and maintain a one tier board of directors consisting of both executive directors and non executive directors each a director . under dutch law the board of directors is responsible for the policy and day to day management . the non executive directors supervise and provide guidance to the executive directors . 6 constellium manufactures aluminium rolled products and extruded products based on a large variety of advanced alloys . it has customers in different industries including mainly aerospace automotive and packaging sectors . constellium reported 5.2 billion in revenues in 2015 . 7 contents 1 company history 1.1 1855 1950 1.2 1950 2003 1.3 2003 2007 1.4 2007 2011 1.5 2013 1.6 2014 2 activities 2.1 aerospace and transportation 2.2 packaging and automotive rolled products 2.3 automotive structures and industry 3 constellium and recycling 4 constellium worldwide 5 references 6 external links company history edit 1855 1950 edit henri merle et compagnie was founded in 1855 in france . it originally produced caustic soda from coal salt pyrites and limestone but also began producing aluminium metal in 1860 . 8 the northern aluminium company ltd was founded in canada in 1902 as a canadian subsidiary of the pittsburgh reduction company later called alcoa . in 1925 it was renamed aluminium company of canada in 1925 and separated from alcoa in 1928 becoming aluminium of canada ltd or alcan . 9 1950 2003 edit henri merle et compagnie was renamed pechiney in 1950 growing to become one of the world s leading aluminium manufacturers . in 2000 pechiney announced that it had agreed to join in a merger with canada s alcan and switzerland s algroup to form a new globally operating aluminium producer which with sales worth nearly 30 billion became a player in the industry ahead of american company alcoa . 10 however the merger bumped up against european commission demands that alcan sell its interests in a german aluminium producer alunorf . alcan refused to sell and pechiney was forced to withdraw from the merger . alcan and algroup merged that year becoming alcan inc. 11 12 2003 2007 edit pechiney became the wholly owned subsidiary of alcan in 2003 after it was purchased in a deal worth 4.52 billion . 13 alcan spun off the majority of pre pechiney rolling activities to create an independent company novelis inc. 14 2007 2011 edit the original rio tinto company was established in spain in 1873 and became a worldwide copper producer by the end of the 1880s . 15 today the rio tinto group is a british australian multinational mining and resources group . 2013 edit since may 2013 constellium is listed on the new york stock exchange and nyse euronext market . 16 2014 edit on october constellium announced the acquisition of wise metals a private aluminium sheet producer located in muscle shoals alabama u.s.a. . 17 the transaction diversified constellium s global footprint and offerings by increasing the company s exposure to the north american market . wise s growing can sheet business in the u.s. will supplement constellium s leading position in europe and provide stability through long term contracts with global beverage can customers . 18 activities edit aerospace and transportation edit constellium s aerospace and transportation business unit has around 3 800 employees working at 7 sites in europe and america . the company deliver aircraft parts and components for the commercial aircraft military and space sectors . it offers a low density alloy for lighter aircraft named airware . this solution is a technology inspiring heightened interest among aerospace companies in using new aluminium solutions rather than composites for high tech structures in the next generation of aircraft . 19 packaging and automotive rolled products edit constellium designs and produces aluminium products including packaging automotive industrial coil and sheet . the unit has four plants and employs over 4 200 people . automotive structures and industry edit constellium provides structures for european and north american car manufacturers and emerging markets in the global automotive sector from six sites in germany the u.s. and china . in parallel constellium also supplies diverse customized extrusions including soft and hard alloys and large profiles through ten sites in europe . the unit employs over 2 200 people . constellium and recycling edit recycling has become very important in the aluminium industry and 75 % of all aluminium produced since 1888 is still in use today . as part of its recycling programme constellium is a partner in the eu pamela project where it helped recycle the aluminium parts of a 35 year old twin aisle airbus a300 airplane . 77 % of the weight of the plane was aluminium which is fully recyclable and does not lose its properties when recycled . 20 21 constellium is a founding member of aluminium stewardship initiatives asi to promote responsible practices across the aluminium value chain . 22 it also joined in 2013 the un global compact . 23 constellium worldwide edit constellium operates 22 production facilities throughout europe china and the us . 24 it employs over 10 000 people . 25 constellium has six main sites that supply its aerospace and transportation packaging and automotive rolled products and automotive structures and industry divisions . in germany constellium s singen site has cold mills an integrated hot cold rolling line and one of the largest extrusion presses in the world . in france constellium has eight sites among which neuf brisach and issoire . neuf brisach houses a rolling mill an automotive finishing line and a recycling center . issoire has one of the world s two leading aerospace plate mills and large volume recycling and inaugurated its airware casthouse on march 26 2013 . 26 the sierre site in switzerland has a dedicated precision plate shop for general engineering products . in the usa ravenswood constellium has an aerospace plate shop with stretcher and wide coil capabilities . 27 references edit http www.reuters.com article idusasc08w9m http www.constellium.com aluminium company governance executive committee http in.reuters.com article 2010 08 05 rio alcan france idinlde65b0dj20100805 http www.parkersburgnews.com page content.detail id 542954 apollo buys part of alcan.html nav 5061 http www.nasdaq.com article constellium prices ipo at 15 below the range cm248092 http www.constellium.com aluminium company governance http www.prnewswire.com news releases constellium reports full year and fourth quarter 2015 financial results 300235851.html http www.businesshistory.com ind. metals.php http www.britannica.com ebchecked topic 13214 alcan aluminium limited http www.referenceforbusiness.com history2 80 pechiney.html http europa.eu rapid pressreleasesaction.do reference ip 00 258 & format html & aged 1 & language en & guilanguage en http www.fundinguniverse.com company histories pechiney sa company history.html http www.businesshistory.com ind. metals.php http www.cbc.ca news business story 2007 01 26 novelis.htm http www.corporatewatch.org lid 3590 https www.euronext.com en product news constellium lists on nyse euronext in new york and paris http www.barchart.com headlines story 2627945 constellium signs definitive acquisition agreement for wise metals for usd1 4bn http www.marketwatch.com story constellium reaches agreement to acquire wise metals 2014 10 03 http www.ainonline.com aviation news paris air show 2013 06 18 constellium inaugurates new airware aluminum casthouse http www.constellium.com recycling our recycling capabilities pamela project http ec.europa.eu environment life project projects index.cfm fuseaction search.dsppage & n proj id 2859 & doctype pdf http aluminium stewardship.org about asi supporting companies https www.unglobalcompact.org newsandevents ungc bulletin 2013 04 01.html http www.constellium.com about constellium industrial platform http www.constellium.com about constellium constellium at a glance http www.constellium.com media news and press releases press releases only constellium inaugurates a breakthrough casthouse in issoire to be rate ready with airware r http www.constellium.com about constellium industrial platform external links edit official website rio tinto website retrieved from https en.wikipedia.org w index.php title constellium & oldid 743107369 categories aluminium companiescompanies established in 2011companies formerly listed on the london stock exchangecompanies listed on the new york stock exchange navigation menu personal tools not logged intalkcontributionscreate accountlog in namespaces article talk variants views read edit view history more search navigation main pagecontentsfeatured contentcurrent eventsrandom articledonate to wikipediawikipedia store interaction helpabout wikipediacommunity portalrecent changescontact page tools what links hererelated changesupload filespecial pagespermanent linkpage informationwikidata itemcite this page print export 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