NetComposites
Airtech

Rio Tinto Completes Sale of Alcan Composites

08 December 2009

Following their announcement earlier in the year, Rio Tinto has now completed the sale of Alcan Composites to Schweiter Technologies for a fee of around US$349 million.

Alcan Composites has built its reputation on providing core materials for sandwich constructions, particularly in the wind energy industry. Its best-known brands are Airex, Alucobond Baltek, Dibond, Forex, Gator, Kapa and Sintra.

Rio Tinto is primarily a specialists in mining and the exploration of metals and minerals. The sale of Alcan Composites is part of a series of divestments in 2009, which total US$5.2 billion of agreed asset sales.






Related / You might like...

Scigrip Appoints Biesterfeld Distributor to French Markets

Scigrip has expanded its agreement with Biesterfeld Spezialchemie to include France and the French territories in Northern Africa, with immediate effect.

EconCore Presents Developments in Thermoplastic Honeycomb Core Technology

EconCore will unveil the latest developments in its thermoplastic honeycomb core production technology at NPE2018 on 7-11 May in Orlando, Florida, US.

Cobra International Launches Composite Windsurfer LT

Cobra International has started mass production of the new Windsurfer LT board.