31st Oct 2005 18:27
Alcan Inc31 October 2005 FOR IMMEDIATE RELEASE ALCAN AND BOEING ENTER NEW LONG-TERM ALUMINUM SUPPLY AGREEMENT SUPPLY TO COME FROM COMPANY'S RAVENSWOOD MILL Ravenswood, West Virginia, USA - October 31, 2005 - Alcan Rolled Products -Ravenswood, a wholly-owned subsidiary of Alcan Inc. (NYSE, TSX: AL), announcedtoday that it has signed a multi-year agreement with The Boeing Company tosupply the aircraft manufacturer with a variety of high-performance aluminumproducts. "We believe this agreement is a clear demonstration of a growing relationshipbetween our companies, and we are very proud of Ravenswood's successfulcontinuation of cooperation with The Boeing Company," said Michel Jacques,President and Chief Executive Officer, Alcan Engineered Products following thesigning of the agreement. "This contract is strategically important forRavenswood as it represents a significant increase in its business and is aclear indication of the new initiatives underway to build a bright future forthe plant," he added. Under the agreement, Ravenswood would supply lightweight aluminum productsprimarily for Boeing's 737 and 777 commercial aircraft programs. Ravenswood is one of the largest aluminum rolling mills in the world andproduces high quality aluminum plate, coil and sheet products for the aerospace,aeronautical and transportation industries. The plant's innovative lightweightproducts make an important contribution to the further development of high-techaerospace solutions, meeting customers' evolving requirements for reducedmanufacturing costs and optimum weight/performance ratios. Alcan is a multinational, market-driven company and a global leader in aluminumand packaging. With world-class operations in primary aluminum, fabricatedaluminum as well as flexible and specialty packaging, aerospace applications,bauxite mining and alumina processing, today's Alcan is well positioned to meetand exceed its customers' needs for innovative solutions and service. Alcanemploys almost 70,000 people and has operating facilities in 55 countries andregions. - 30 - Media Contact: Investor Contact: James Guillow Corey CopelandTel.: +1-304-273-6506 Tel.: [email protected] [email protected] Anik MichaudTel.: [email protected] This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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