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Feb. 5, 2014
Alcoa Closing Potlines at Massena East

Alcoa will permanently close the remaining two potlines at its Massena East smelter in New York in the first quarter of this year. The potlines are no longer competitive, the New York-based company says.

One of three potlines at the facility was permanently closed in August 2013. The closure will reduce Alcoa's smelting capacity by 84,000 metric tons. The Massena West facility will continue to operate.

"We will be working with our unions, state, local and other stakeholders to minimize the impact of these changes" says Bob Wilt, president of Alcoa Global Primary Products.

Including the closure of the remaining two potlines at Massena East, Alcoa has announced closures or curtailments representing 361,000 metric tons of the 460,000 metric tons placed under review in May 2013. Once the Massena East potline closure is complete, Alcoa will have total smelting operating capacity of 3,950,000 metric tons, with approximately 655,000 metric tons of capacity idle.

"We are taking decisive action to close the remaining potlines, given they are no longer competitive," Wilt says. "We continue to reshape our commodity business to ensure it is positioned for long-term success."
 

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Monday, November 24, 2014