Alcoa plans to start producing over 65,000 metric tons of can band this year to satisfy 83 percent of the demand of Russian producers.
Photo: Alexander Miridonov
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Alcoa to Have an Edge over Alcan
Alcoa, the owner of Samara Metallurgical Plant, said yesterday it launched $6 million-worth production of can band. This is the first step in Alcoa’s investment program which aims to satisfy demand of tins’ producers in full by spring 2007. Thus, Alcoa may squeeze Novelis, a subsidiary of Canadian Alcan, out from the Russian market within a year.
The production line which was launched at the plant yesterday will be producing 2m wide can band, which is needed for the output of 0.33l and 0.5l cans, said Andrey Bader, the director of the corporate department of Alcoa in Russia. The company hopes that Samara Plant’s capacity will help them meet the demand of its Russian counteragents, RUSAL’s subsidiary Rostar with its plants in Dmitrov and Vsevolzhsk and Rexam, a plant in Naro-Fominsk.
Alcoa shares the Russian aluminum cans rolling market with Alcan, another international aluminum giant. Russian producers of aluminum cans, RUSAL, Rexam and Can Pack bought the total of 70,000 metric tons of can band last year. 37,000 tons account for the Samara Metallurgical Plant and Alcan’s Novelis provided for the remaining volume.
Alcoa plans to produce over 65,000 metric tons of can band this year to satisfy 83 percent of the need of Russian producers, according to a market participant. The demand is estimated at 78,000 tons this year. The Samara plant will earn some $280-300 million from sales if it manages to cope with the demand of Russian counteragents.
Maria Cherkasova and Alexandra Simonenko
All the Article in Russian as of Apr. 18, 2006
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