PARIS, France, July 5 /CNW Telbec/ - Alcan Inc. today announced that its
subsidiary Alcan Airex in Sins, Switzerland has acquired the patents and
know-how for foamable PET (polyethylene terephthalate) technology from
Italy-based Mossi & Ghisolfi Group, to secure the global availability of
PET-based foam core materials for the growing composites, packaging and other
industrial markets. Terms of the transaction were not disclosed.
"The acquisition of the patents and the know-how for foamable PET
technologies from our Italian supplier will allow Alcan to secure the
long-term global availability and supply of PET-based materials to all our
customers," said Pierre Monéton, President, Core Materials, Alcan Composites.
"Having the exclusive rights to this technology will enable Alcan to continue
to innovate in new PET-based core materials for the wind energy, marine and
transportation markets worldwide," he added.
PET has emerged as a key material to serve the increasing demand for
sandwich core materials in the expanding wind energy market, as demonstrated
by the success of AIREX(R) T 90, a PET-based foam core material that was
launched in 2005. AIREX(R) T 90 is one brand out of Alcan's broad range of
superior core materials for structural sandwich applications in the wind
energy, marine and transportation markets.
Mossi & Ghisolfi (M & G) Group is the largest producer of PET for
packaging applications and is a technological leader in the polyester market.
The group is globally active and is headquartered in Tortona, Italy.
Alcan Inc. (NYSE, TSX: AL) is a leading global materials company,
delivering high quality products and services worldwide. With world-class
technology and operations in bauxite mining, alumina processing, primary metal
smelting, power generation, aluminum fabrication, engineered solutions as well
as flexible and specialty packaging today's Alcan is well positioned to meet
and exceed its customers' needs. Alcan is represented by 68,000 employees,
including its joint-ventures, in 61 countries and regions, and posted revenues
of US$23.6 billion in 2006. The Company has featured on the Dow Jones
Sustainability World Index consecutively since 2003. For more information,
please visit: www.alcan.com.
%B NM %C 1,4,14,15,20 %D PET acquisition
For further information: Media Contact: Chrystèle Ivins, +33 1 56 28 24
18, chrystele.ivins@alcan.com;
Anik Michaud, +1-514-848-8151,
media.relations@alcan.com;
Investor Contact: Ulf Quellmann, +1-514-848-8368,
investor.relations@alcan.com
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