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What's New Archive 2010
December 18, 2010
Explosion at Fjardaal substation
An explosion took place in the substation of the Alcoa Fjardaal smelter in Reydarfjordur just after 5.00 pm today, Saturday, December 18, causing a fire in the substation. Nobody was injured and Alcoa Fjardaal employees immediately activated the emergency response system, which was followed by response from the local fire brigades. Fire fighters managed to extinguish the fire around 9:30 pm.
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December 8, 2010
Public meeting in the Alcoa Fjardaál smelter
Alcoa Fjardaál invited the residents of Fjardabyggd and surrounding communities to an open, public meeting in the Fjardaál smelter yesterday. More than thirty guests attended the meeting, which is an annual event, where the company presents information about its operations and welcomes enquiries from members of the community.
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November 23, 2010
Alcoa Named Brazil´s “Sustainable Company of the Year” by Exame Magazine
Alcoa has been named “Sustainable Company of the Year” in Brazil’s Exame magazine’s 2010 Sustainability Guide, the Company announced today. The annual guide, in its 11th edition, selects and recognizes the sustainable actions of 20 model companies every year.
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November 18, 2010
All four-year olds in East-Iceland presented with a good book
All four year old children in East Iceland get the book The Animal’s Alphabet by Icelandic writer Halldór Á. Elvarsson as a gift from libraries in East Iceland. Alcoa Fjardaál sponsors the project.
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November 5, 2010
Alcoa Launches Aluminum Can Recycling App for iPhone
Alcoa announced today the launch of a free, user-friendly iPhone application compatible with iPhone, iPod touch and iPad that will make it fun and easy for consumers to recycle aluminum cans. The new app – called AluminateTM – will help consumers find recycling centers, track how many aluminum cans they recycle, and calculate the cash they can earn as they help protect the environment through recycling aluminum cans.
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November 4, 2010
Alcoa Fjardaál receives Continuous Education Award
Fjardaál was recently presented with the East-Iceland’s Knowledge Center’s (ÞNA) Continuous Education Award for the company’s active educational program and its contribution to knowledge and community development.
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November 3, 2010
Thirty million dollar investment and dozens of jobs in new Pot Relining Shop
Today, the ground was broken for the new Pot Relining Shop on the Alcoa Fjarðaál smelter site in Reydarfjördur, which will presumably be finished in early 2012. The total investment for the Pot Relining Shop is estimated to be around 3.5 billion ISK, or over 30 million dollars.
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October 11, 2010
More than a Million for Icelandic Rescue Squad on 10.10.10
On Sunday 10.10.10, almost thirty volunteers from Alcoa Fjardaál, their families and Ársól Resque Squad members - a total of sixty volunteers - helped Ársól with various kinds of jobs around the squad's headquarters. The highlight of the day was a surprise visit from Marcos Ramos, Director of Alcoa Europe, who brought a check of 10,000 US$ for the squad.
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September 17, 2010
Alcoa Primary Aluminum Receives Cradle to Cradle® Certification
Alcoa has received Cradle to Cradle® Certification – Silver for its primary aluminum. Cradle to Cradle® Certification is an independent environmental certification process for materials and products that assesses the total impact of a product on human health and the environment. The announcement was made at the Aluminium 2010 show in Essen, Germany.
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September 13, 2010
Chevrolet Selects Alcoa Forged Aluminum Wheels for 2011 Cruze Eco
“Alcoa is pleased to supply forged aluminum wheels for Cruze Eco. Closely following the launch of our Volt wheel program, the Chevrolet team pursued a wheel providing light weight performance that would further extend fuel economy for this latest vehicle,” said Victor Marquez, Vice President and General Manager – Alcoa Auto Wheels.
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September 1, 2010
Lightweight Alcoa Architectural Panels Enhance New Air Traffic Control Tower at New York’s LaGuardia Airport
Alcoa has announced that the new 233-foot tall air traffic control tower at New York's LaGuardia Airport, one of the busiest airports in the United States, is clad in Alcoa's lightweight Reynobond® aluminum composite material panels.
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August 20, 2010
Sómastadir opened after renovation
The renovation of Sómastadir in Reydarfjördur, East Iceland, is now finished, and the house was formally opened at a ceremony on 17 August. The Alcoa Foundation supported the project with a contribution of ISK 16 million. Sómastadir is in close vicinity of the Fjardaál aluminum smelter.
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August 10, 2010
Classic New York Skyscraper Clad in Alcoa Architectural Building Material
Alcoa’s Reynobond® aluminum composite material was selected for the façade of 100 Park Avenue, the first retrofit building in New York City to receive LEED (Leadership in Energy and Environmental Design) Silver certification.
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August 4, 2010
Alcoa and Exal Win Prestigious DuPont Diamond Award for Packaging Innovation
Alcoa Inc. and Exal Corporation have announced that the lightweight, sustainable Coil-to-Can®, or “C2C”, aluminum bottle made from Alcoa’s bottlestock sheet and Exal’s C2C manufacturing technology won the top honor, a prestigious Diamond Award, in the 22nd annual DuPont Awards for Packaging Innovation. The DuPont Awards are the packaging industry’s longest running, independently judged competition, honoring packaging materials, technology and service innovations.
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July 29, 2010
Alcoa Reports Second Quarter 2010 Results
Alcoa (NYSE: AA) today announced second quarter 2010 income from continuing operations of $137 million or $0.13 per share compared with a first quarter 2010 loss from continuing operations of $194 million, or a loss of $0.19 per share. First quarter 2010 results included restructuring and special charges of $295 million, or $0.29 per share. The second quarter of 2009 showed a loss from continuing operations of $312 million, or $0.32 per share including restructuring charges.
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July 10, 2010
Alcoa volunteers help to move education outdoors in East Iceland
Outdoor school rooms have been established at the elementary schools in Egilsstadir and Reydarfjördur in East Iceland. Alcoa Fjardaál employees and PTA members at both schools volunteered for these projects, which are funded by the Alcoa foundation as part of the company’s global ACTION volunteer program.
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June 30, 2010
Alcoa employees build sundeck at a hospital
Gratitude for outstanding treatment at the local hospital in Neskaupstadur, East Iceland, drove an Alcoa Fjardaál employee to gather his colleagues for an Action Project to improve the hospital facilities and plant more sunshine into the lives of the patients and the staff.
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June 14, 2010
Severe Flooding Forces Temporary Idling of Alcoa’s Aviles, Spain Aluminum Smelter
Alcoa today announced it has temporarily idled its aluminum smelter in Aviles, Spain as a result of torrential flooding in the Asturias region of Spain late last week. The Aviles smelter has a production capacity of 93,000 metric tons per year.
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May 17, 2010
Comments must be submitted before June 14th
A joint Environmental Impact Assessment (EIA) on account of the intended Bakki smelter project, power projects and power transmission lines was introduced in three public meetings held in North Iceland and one in Reykjavík in the beginning of May. Whereas the meeting in Húsavík attracted most visitors, around 70 people, the total number of visitors to all the meetings was over one hundred.
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May 17, 2010
Alcoa Names Paula Davis President, Alcoa Foundation
Alcoa has named Paula Davis President of the Alcoa Foundation, one of the largest corporate foundations in the U.S., effective May 10. She succeeds Meg McDonald, who resigned earlier this year to return to her native Australia. Alcoa Foundation plays a significant role in strengthening sustainability in Alcoa communities worldwide, investing over $515 million since 1952. The work of Alcoa Foundation is further enhanced by Alcoa’s thousands of employee volunteers, who in 2009 gave over 650,000 service hours.
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May 10, 2010
Gymnast gets the 2010 Honor Athlete Award
Ten grants were presented by Sprettur - the Athlete Fund, sponsored by Alcoa, as part of the annual Fjardaál Sports Festival on Saturday.
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April 27, 2010
Alcoa Fjardaál prepared for possible ash fall from volcanic eruption
Alcoa Fjardaál is so far unaffected by volcanic eruptions in the Eyjafjallajökull glacier in South Iceland, approximately 300 km (188 miles) away. However, the Fjardaál Team in Iceland has made a comprehensive action plan should ash fall in the area.
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April 23, 2010
Alcoa Dedicates Expanded Recycling Operations
Alcoa recently dedicated a $24 million expansion of aluminum can recycling capacity at the Company’s Tennessee Operations which will increase recycling capability by nearly 50 percent and help secure more than 100 jobs at the facility.
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April 13, 2010
2010 Golden Egg Innovation Award to Remake Electric
The growth company Remake Electric recently received the 2010 Golden Egg Innovation Award as the winner of Innovit's innovation competition. A total of 300 business ideas were submitted. Alcoa Fjardaál is one of the main sponsors of the competition this year.
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March 19, 2010
Jeff Clemmensen recognized as Fjardaál's "Everyday Hero"
An American couple whom Jeff Clemmensen, an Alcoa Fjardaál employee, assisted when they had car trouble on Oddsskard mountain road in Iceland last summer, have founded an award for Fjardaál‘s „Everyday Hero.“ Sómi, the employees‘ association, will present the award annually to an employee who has shown particular helpfulness to a stranger. Jeff was presented with the first award at the Fjardaál Annual Ball held earlier this month.
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March 8, 2010
Alcoa Again Named Fortune Magazine’s Most Admired Metals Company
Alcoa Included on Fortune’s “Most Admired” List for 27 Consecutive Years
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February 24, 2010
John Thuestad Elected Alcoa Executive Vice President and Group President Global Primary Products; Bernt Reitan to Retire
Alcoa announced yesterday that its Board of Directors has elected John Thuestad, 49, Executive Vice President and Group President of Global Primary Products effective March 1, 2010. He succeeds Bernt Reitan, 62, who will retire after nearly 40 years working in the aluminum industry.
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February 23, 2010
Playschool children learn about safety
A group of children from Lyngholt playschool in Reydarfjördur presented artwork to Alcoa Fjardaál and learned about safety during their visit to the smelter recently.
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February 22, 2010
Alcoa to Provide Recycling Bins Throughout U.S
Alcoa today announced that it will provide 50,000 recycling bins to organizations and communities throughout the U.S. as part of its 2010 Recycling Bin Program.
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February 19, 2010
Colorful Alcoa Building Material Stands Out in Vancouver Olympic Village
Athletes participating in the 2010 Vancouver Olympic Games in British Columbia sleep, eat, and watch sporting events in buildings that include Alcoa’s energy–efficient, recyclable and colorful Reynobond® aluminum composite material (ACM).
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February 8, 2010
Alcoa Achieves Top Marks in Covalence Ethical Reputation Ranking
Alcoa achieved the top spot in the Basic Resources category in the latest Covalence Ethical Rankings, a comprehensive study of the overall ethical performance of multinational corporations. Covalence’s reputation index, distributed by Thomson Reuters, Bloomberg and Capital IQ, is a barometer of how multinationals are perceived in the ethical field.
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January 28, 2010
Iceland Leads Environmental Index
The use of renewable energy resources in Iceland has always attracted much attention abrad. A new ranking of the world’s nations by environmental performance places Iceland at the top of the list with 93.5 points out of one hundred possible.
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January 18, 2010
Important recognition of ICE-SAR: A grant from the Alcoa Foundation
The Alcoa Foundation has decided to support ICE-SAR rescue teams in East Iceland with a two-year grant of 100,000 US$. The grant will be a founding contribution for the East-Iceland Rescue Teams Education and Training Fund. Hafsteinn Viktorsson, Manager of Production, Alcoa Fjarðaál, presented the rescue teams with the grant today.
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January 13, 2010
Like twinkling stars
More than two hundred elementary school students in East Iceland have been presented with reflector vests by Alcoa Fjardaál, VÍS Insurance and the police. They resemble twinkling stars when they walk around in their vests during the short days of the Icelandic winter.
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January 12, 2010
Alcoa Finishes 4Q 2009 Strong; Free Cash Flow Positive, Revenues Up 18%
Alcoa yesterday announced it finished its fourth quarter 2009 free cash flow positive, the first such quarterly achievement since the second quarter of 2008 when the economic downturn began to impact results. The Company is ahead of its key financial goals for 2009, including being free cash flow neutral by the end of the year. In the fourth quarter of 2009, Alcoa generated free cash flow of $761 million, a $947 million improvement from the third quarter of 2009 driven by strong cash from operations performance of $1.1 billion, a $940 million increase from the third quarter of 2009. The Company also surpassed targets for each of its Cash Sustainability Program initiatives in 2009, a major contributor to the strong cash performance.
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