Alcan in Preliminary Discussions over Potential sale of its Steg, Switzerland Smelter

Alcan has announced that it has entered into preliminary discussions with a Valais-based consortium lead by Albert Bass over the potential sale of its Steg, Switzerland aluminum smelter.

“Alcan has informed government agencies, works councils and its Steg employees of its intentions,” said Daniel Anliker, Site Director, Alcan Aluminium Valais SA in Sierre, Switzerland.

Subject to the successful completion of these preliminary discussions, a definitive timeframe for the sale will be determined. For the time being, no further information will be disclosed.

At the same time, the Company remains in the process of negotiating power contracts, as previously announced, in an effort to achieve competitive conditions. The Steg smelter has a capacity of 44kt per year.

http://www.alcan.com

Tell Us What You Think

Do you have a review, update or anything you would like to add to this news story?

Leave your feedback
Your comment type
Submit

While we only use edited and approved content for Azthena answers, it may on occasions provide incorrect responses. Please confirm any data provided with the related suppliers or authors. We do not provide medical advice, if you search for medical information you must always consult a medical professional before acting on any information provided.

Your questions, but not your email details will be shared with OpenAI and retained for 30 days in accordance with their privacy principles.

Please do not ask questions that use sensitive or confidential information.

Read the full Terms & Conditions.