Posted in | News | Non-Ferrous Alloys and Metals | Aluminum / Aluminium | Packaging

Alcoa Agree to Sell Aluminium Foil Facilities

Mar 16 2004

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Alcoa, the world’s leading producer of primary aluminium has agreed to sell its Alumax aluminium foil facilities to JW Aluminum. Details of the sale were not disclosed, although the two parties expect to complete the transaction by the end of the month.

Alcoa’s Alumax aluminium foil facilities consist of a plant in Russellville, Arkansas and another plant in St. Louis, Missouri.

Alumax is the third largest producer of aluminium foil in in North America. They produce foil in different widths and thicknesses. The aluminium foil produced by Alumax is sold to converters and used in pharmaceutical packaging, food packaging, industrial tapes and insulation.

The sale of the business is part of Alcoa’s strategy of divesting non-core businesses.

For more information on aluminium foil, click here.

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