Alcoa Recognized by U.S. Department of Energy for Best Practices to Reduce Energy Consumption.PITTSBURGH -- Alcoa (NYSE NYSE See: New York Stock Exchange :AA) announced today that the U.S. Department of Energy (DOE) has recognized the company for best practices to reduce energy consumption. The DOE has published a Corporate Energy Management Case Study highlighting Alcoa's achievements over the past five years, which include: --A reduction of 770 metric tons per year of nitrogen oxides --A reduction of 1,600 metric tons per year of sulfur oxides --A reduction of 420,000 metric tons per year of carbon dioxide carbon dioxide, chemical compound, CO2, a colorless, odorless, tasteless gas that is about one and one-half times as dense as air under ordinary conditions of temperature and pressure. The Alcoa Energy Efficiency Network, formed in early 2002, has helped the company achieve these results, which are part of Alcoa's global environmental goals laid out in its 2020 strategic plan. In its first 18 months of operation, the Network reported: --A total of 35 Alcoa facilities received energy efficiency assessments. --Approximately 40 best practices were identified. --About $60 million in annual savings opportunities were identified at the 35 facilities where assessments were completed. --Alcoa plants so far have committed to pursue $40 million of these energy saving opportunities. --Operating costs have been reduced by more than $15 million annually. Alcoa's ongoing environmental goals and a copy of the case study can be found at www.alcoa.com/global/en/environment/overview.asp. Alcoa is the world's leading producer of primary aluminum, fabricated fab·ri·cate tr.v. fab·ri·cat·ed, fab·ri·cat·ing, fab·ri·cates 1. To make; create. 2. To construct by combining or assembling diverse, typically standardized parts: aluminum and alumina alumina (əl  `mĭnə) or aluminum oxide, Al2O3, chemical compound with m.p. about 2,000°C; and sp. gr. about 4.0. , and is active in all major aspects of
the industry. Alcoa serves the aerospace, automotive, packaging,
building and construction, commercial transportation and industrial
markets, bringing design, engineering, production and other capabilities
of Alcoa's businesses to customers. In addition to aluminum
products and components, Alcoa also markets consumer brands including
Reynolds Wrap(R) foils and plastic wraps, Alcoa(R) wheels, and Baco(R)
household wraps. Among its other businesses are vinyl siding Wikipedia is not the place for advertisement or self-advertising. Vinyl siding, first introduced to the exterior cladding market in the late 1950s, is an alternative to aluminum siding, fiber cement siding, and timber siding. , closures,
fastening systems, precision castings, and electrical distribution
systems for cars and trucks. The company has 120,000 employees in 41
countries and has been a member of the Dow Jones Industrial Average Dow Jones Industrial AverageThe best known U.S. index of stocks. A price-weighted average of 30 actively traded blue-chip stocks, primarily industrials including stocks that trade on the New York Stock Exchange. for 45 years and the Dow Jones Dow Jones the best known of several U.S. indexes of movements in price on Wall Street. [Am. Hist.: Payton, 202] See : Finance Sustainability Indexes since 2001. More information can be found at www.alcoa.com |
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