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March 14, 2003
Iceland's Environmental Agency Issues Operating Permit for Alcoa's Fjardaal Plant
PITTSBURGH & REYDARFJORDUR--(BUSINESS WIRE)--March 14, 2003--
Iceland's Environmental Agency today issued an Operating Permit
for Alcoa's proposed Fjardaal primary aluminum smelter in Eastern
The Permit establishes environmental operating conditions and
emission limits for the plant, which is being designed for maximum
production of 322,000-metric-tons-per-year of primary aluminum per
The new Alcoa plant will have significantly less environmental
impact than an earlier design for the location for four basic reasons:
- Alcoa will not dispose of spent pot lining, a by-product of
the aluminum production process, on the site in Iceland.
- Carbon anodes will not be manufactured at the Iceland plant,
eliminating a source of sulfur dioxide (SO2), nitrogen oxide
(NOX) and hydrocarbon (PAH) emissions.
- Alcoa is designing the plant to achieve strict, self-imposed
sustainable development objectives, including zero process
- The annual production level of the plant will be approximately
25% below that planned for the original plant.
While the Alcoa plant will bolster the local economy in East
Iceland, it will not require as many resources as the original design.
The smaller size of the Alcoa facility, in addition to the
state-of-the art technology planned for Fjardaal, ensures that it will
consume less electricity (22% less), fuel (33% less) and water (58%
less) than the original proposal. Alcoa's study also projects that
carbon dioxide (CO2) emissions will be 25% less, PFC emissions will be
40% less, and nitrogen oxide (NOX) will be 80% less than under the
original proposal. The Permit establishes stringent gaseous fluoride
limits in ambient air and Fjardaal expects to achieve performance
targets that are among the lowest in the world.
Welcoming the Environmental Agency's issuance of the permit to
Fjardaal, Alcoa Chairman and CEO Alain Belda said, "Alcoa's commitment
to the environment and sustainable operating practices helped secure
the operating permit, an essential step to this investment."
Alcoa is the world's leading producer of primary aluminum,
fabricated aluminum and alumina, and is active in all major aspects of
the industry. Alcoa serves the aerospace, automotive, packaging,
building and construction, commercial transportation and industrial
markets, bringing design, engineering, production and other
capabilities of Alcoa's businesses as a single solution to customers.
In addition to aluminum products and components, Alcoa also markets
consumer brands including Reynolds Wrap(R) aluminum foil, Alcoa(R)
wheels, and Baco(R) household wraps. Among its other businesses are
vinyl siding, closures, precision castings, and electrical
distribution systems for cars and trucks. The company has 127,000
employees in 39 countries. For more information go to www.alcoa.com