Research & Development World

  • R&D World Home
  • Topics
    • Aerospace
    • Automotive
    • Biotech
    • Careers
    • Chemistry
    • Environment
    • Energy
    • Life Science
    • Material Science
    • R&D Management
    • Physics
  • Technology
    • 3D Printing
    • A.I./Robotics
    • Software
    • Battery Technology
    • Controlled Environments
      • Cleanrooms
      • Graphene
      • Lasers
      • Regulations/Standards
      • Sensors
    • Imaging
    • Nanotechnology
    • Scientific Computing
      • Big Data
      • HPC/Supercomputing
      • Informatics
      • Security
    • Semiconductors
  • R&D Market Pulse
  • R&D 100
    • Call for Nominations: The 2025 R&D 100 Awards
    • R&D 100 Awards Event
    • R&D 100 Submissions
    • Winner Archive
    • Explore the 2024 R&D 100 award winners and finalists
  • Resources
    • Research Reports
    • Digital Issues
    • R&D Index
    • Subscribe
    • Video
    • Webinars
  • Global Funding Forecast
  • Top Labs
  • Advertise
  • SUBSCRIBE

Alcoa creates new Latin America headquarters

By R&D Editors | October 17, 2011

Alcoa Inc. said Monday it is creating a new Latin America and Caribbean headquarters to help accelerate growth in the region.

The aluminum producer said the division will be run by Franklin Feder, who becomes regional chief executive officer on Jan. 1.

Feder was most recently Latin America and Caribbean regional president of Alcoa’s Global Primary Products division, which includes the company’s refining and smelting operations.

“Brazil has long been an important region to Alcoa, particularly in our upstream businesses, but with Brazil’s rapidly growing economy, its strategic importance to Alcoa extends beyond our Global Primary Product business,” CEO Klaus Kleinfeld said in a statement.

Alcoa’s involvement in the aluminum business includes mining, smelting, and selling rolled metal sheets that wind up as aircraft, autos, soda cans and many other products.

Of total revenue of $21 billion in 2010, the company said $1.18 billion came from Brazil. Nearly half its revenue came from the U.S.

The company said it expects a 12 percent increase in the global consumption of primary aluminum in 2011, similar to the improvement in 2010. Emerging economies such as China, India, Brazil, and Russia are all expected to have double-digit increases in aluminum demand.

Alcoa shares fell 68 cents, or 6.6 percent, to $9.58. Shares have fallen since early April as the global economic outlook dimmed. They’re down 38 percent this year.

Related Articles Read More >

KIST carbon nanotube supercapacitor holds capacity after 100,000 cycles
A new wave of metalworking lets semiconductor crystals bend and stretch
LLNL deposits quantum dots on corrugated IR chips in a single step
KATRIN inauguration photo form 2018
Neutrinos pinned below 0.45 eV; KATRIN halves the particle’s mass ceiling
rd newsletter
EXPAND YOUR KNOWLEDGE AND STAY CONNECTED
Get the latest info on technologies, trends, and strategies in Research & Development.
RD 25 Power Index

R&D World Digital Issues

Fall 2024 issue

Browse the most current issue of R&D World and back issues in an easy to use high quality format. Clip, share and download with the leading R&D magazine today.

Research & Development World
  • Subscribe to R&D World Magazine
  • Enews Sign Up
  • Contact Us
  • About Us
  • Drug Discovery & Development
  • Pharmaceutical Processing
  • Global Funding Forecast

Copyright © 2025 WTWH Media LLC. All Rights Reserved. The material on this site may not be reproduced, distributed, transmitted, cached or otherwise used, except with the prior written permission of WTWH Media
Privacy Policy | Advertising | About Us

Search R&D World

  • R&D World Home
  • Topics
    • Aerospace
    • Automotive
    • Biotech
    • Careers
    • Chemistry
    • Environment
    • Energy
    • Life Science
    • Material Science
    • R&D Management
    • Physics
  • Technology
    • 3D Printing
    • A.I./Robotics
    • Software
    • Battery Technology
    • Controlled Environments
      • Cleanrooms
      • Graphene
      • Lasers
      • Regulations/Standards
      • Sensors
    • Imaging
    • Nanotechnology
    • Scientific Computing
      • Big Data
      • HPC/Supercomputing
      • Informatics
      • Security
    • Semiconductors
  • R&D Market Pulse
  • R&D 100
    • Call for Nominations: The 2025 R&D 100 Awards
    • R&D 100 Awards Event
    • R&D 100 Submissions
    • Winner Archive
    • Explore the 2024 R&D 100 award winners and finalists
  • Resources
    • Research Reports
    • Digital Issues
    • R&D Index
    • Subscribe
    • Video
    • Webinars
  • Global Funding Forecast
  • Top Labs
  • Advertise
  • SUBSCRIBE