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Alcan builds world's largest rolling business

Canadian-based Alcan is to create the worlds largest aluminium rolling business by revenue and production volume.

It will combine the rolled product businesses held by Alcan prior to its acquisition of Pechiney.

Alcan stated that it would continue to focus on developing its portfolio of low-cost alumina and primary aluminium businesses, as well as its high value-added specialty packaging, aerospace and engineered products businesses.

The spin-off is yet to be named and will be based in Canada with its executive office in the US.

Brian Sturgell, who will become the new companys chief executive, said: I am delighted with the prospect of leading the new company, which will be a truly unique enterprise with technologically advanced, low operating cost assets and global leadership in rolling.

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