Word: alcoa
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Dates: during 1970-1979
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...burn 30 to 40 tons of its own waste wood daily. Dow Chemical Corp. has cut steam consumption in half at one of its plants, partly by installing a more efficient heat-transfer process. The investment of $44,000 was offset within a year through lower energy bills. Alcoa has developed a new smelting process that is expected to cut by 30% the amount of electricity needed to produce a pound of aluminum. Since the aluminum industry is one of the most voracious users of power, the process may prove especially valuable...
...military bends over backwards to attract foreign investment with tax exemptions and guarantees. For example, Alcan (Canadian subsidiary of Alcoa) got favorable terms for mining Amazonian bauxite deposits, being allowed to raise more than 80 per cent of its working capital in Brazil without taking a Brazilian partner...
...production cutbacks are likely to depress industry in Europe far more deeply than in the U.S. Argus Research Corp., which analyzes securities, speculates that reduced capital spending in Europe will hurt Westinghouse worse than General Electric, whose foreign operations are mostly in Canada and South America. Kaiser and Alcoa, which market little of their aluminum abroad, will not suffer as much as Alcan Aluminium and Reynolds Metals, which...
...past two decades, private American investors have poured some $275 million into the Greek economy, dotting the landscape with factories bearing such names as Dow Chemical, Goodyear, Upjohn, Westinghouse. Lately, officers of Alcoa have been discussing construction of a $100 million aluminum plant...
Coveting no such distinction, General Motors chiefs temporarily canceled a $107 per-car price increase that had been pending before the now-defunct Price Commission. On the other hand. Alcoa decided to risk raising its prices on some products. Aluminum price rises have been expected because of a jump in demand, and the company apparently relied on that fact to shield it against federal displeasure...