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Alcan announces intention to sell interest in the Utkal joint venture.

Publication: PR Newswire
Publication Date: 12-APR-07
Format: Online
Delivery: Immediate Online Access

Article Excerpt
MONTREAL, April 12 /PRNewswire-FirstCall/ -- Alcan announced today its intention to sell its 45% interest in India's Utkal Alumina International Limited (Utkal). The joint venture was established in 1992 and involves development of a new bauxite mine and alumina refinery in the Indian state of Orissa (Utkal Project). Alcan has already taken initial steps leading to the sale process and expects completion during the second quarter of 2007....

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