Alcan to sell recycling plant in France.Alcan has begun discussions with unions and employee representatives for a proposed sale of selected assets at the company's Affimet aluminum recycling recycling, the process of recovering and reusing waste products—from household use, manufacturing, agriculture, and business—and thereby reducing their burden on the environment. plant in Compiegne Com·piègne A city of northern France on the Oise River northeast of Paris. The armistice ending World War I was signed in a railroad car in a nearby forest on November 11, 1918. , France. "After thoroughly exploring and examining various alternatives and despite Alcan's considerable efforts to sustain Affimet over the past five years, the Years, The the seven decades of Eleanor Pargiter’s life. [Br. Lit.: Benét, 1109] See : Time site's performance has been adversely affected by challenging market conditions," Cynthia Carroll Cynthia Carroll is an American businesswoman. She is the chief executive officer of Anglo American PLC, a Johannesburg, South Africa mining company, which, among other things, is the world's largest platinum producer. , president and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. , Alcan Primary Metal Group, says. "This proposed course of action represents the most viable solution for ensuring Affimet's future," she adds. The assets Alcan has proposed for sale to U.K.-based RecovCo, a specialist designer and operator of aluminum recovery technologies and facilities, are the primary casting and processing equipment and business. The rest of the Affimet facility would be closed. The site presently employs 212 people, roughly 85 of whom would continue to work for RecovCo after the sale. |
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