Word: alcoa
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...held accountable. Pressure from activists has led Wall Street firms like J.P. Morgan Chase to assess environmental risks when deciding whether to finance projects such as gas pipelines in ecologically fragile regions. In the industrial sector, GE comes tardy to the green party, following firms such as Alcoa, BP, DuPont and Shell, which several years ago set targets for cuts in greenhouse gases and promised greater reductions than...
...outpouring of new products and processes is a rich harvest [including] ... Can opener-less cans. Now being test-marketed by Alcoa, the new aluminum orange juice cans have tabbed tops that peel away with a twist of the thumb ... Paper clothes. High-style paper clothes that can be thrown away after a few wearings ... A pocket-size portable record player. Put on sale by Emerson, the Wondergram plays all sizes of LP records without a turntable, is powered by four flashlight batteries, [and] weighs less than 2 lbs. ... A language- translating computer. Built by IBM, it translates Russian into English...
...glacial rivers flow through magnificent canyons in a starkly beautiful volcanic landscape. The men are working on the Kárahnjúkar Hydroelectric Project: a vast network of dams, reservoirs, tunnels, power stations and high-tension lines to support a new aluminum-smelting plant for the U.S. multinational Alcoa on a fjord some 70 km to the east. At a total projected cost of $2.2 billion for the smelter and its hydropower system, it's the biggest construction project in Iceland's history - and it's taking shape in one of Europe's last remaining large wilderness areas. Little...
...building its plant, Alcoa gets access to Iceland's cheap and clean hydropower and a new harbor facility to be built nearby. The company says that when production begins in 2007, the plant will be one of the most efficient, safe and environmentally friendly in the world. Aluminum is smelted from an oxide called alumina, which is refined from bauxite ore - and Fjardaál will be capable of churning out 322,000 metric tons of aluminum each year. Alcoa says it will recycle materials and use the most eco-friendly production technology to control fumes and minimize waste discharge...
BYRNE: We own Alcoa, which we consider a defensive play. Alcoa doesn't just make aluminum. It owns alumina, which is the starter, the yeast, and which is in short supply. Alcoa pretty much controls alumina in the world. That makes it special...