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News

Alcan sells zinc and lead metal trading business

Alcan Inc : 16 November, 2004  (Company News)
Alcan Inc announced today that it has sold the assets of its zinc and lead metal trading business to Trafigura Ltd, an independent commodity trading company.
Alcan Inc announced today that it has sold the assets of its zinc and lead metal trading business to Trafigura Ltd, an independent commodity trading company.

'Alcan is selling these assets as part of its strategy to exit non-core operations,' said Geoffery Merszei, Executive Vice President and Chief Financial Officer of Alcan Inc.

The scope of the transaction includes the inventories of Alcan's zinc and lead metal trading and the commercial agreements related to the business, which was operated through Pechiney Trading Ltd (UK).
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