Printer Friendly

KAAL ASIA, LTD. BEGINS OPERATIONS

 HONG KONG, July 22 /PRNewswire/ -- A new name in aluminum can sheet entered the market this week as KAAL Asia, Ltd. began operation in Hong Kong.
 KAAL Asia, Ltd. is the aluminum can sheet sales and marketing arm of KSL-Alcoa Aluminum Co. Ltd. (KAAL), a joint venture between Kobe Steel of Japan and the Aluminum Company of America (NYSE: AA). KAAL was formed in January 1991.
 Centrally located in Hong Kong, KAAL Asia will sell aluminum sheet used to make beverage, food and other cans to customers throughout Asia excluding Japan.
 KAAL Asia is World-Sourced
 KAAL Asia will draw its supply of aluminum sheet from various locations around the world, assuring customers of high quality material.
 Aluminum sheet used to make cans will be produced at the new KAAL mill in Moka City, Tochigi, Japan; Alcoa plants in Knoxville, Tenn.; Newburgh, Ind.; Swansea, Wales, U.K.; and Alcoa of Australia's mill in Point Henry, Australia.
 "Our mission is to provide the highest quality aluminum can sheet to our Asian customers," said David A. Hofmeister, managing director of KAAL Asia. "We will do this by supplying sheet from our world-class aluminum rolling mills located across the globe. We also have at our disposal can sheet, can making and aluminum can recycling experts from the renowned research and development and recycling units at both Kobe Steel and Alcoa."
 New Brand Name and Logo
 KAAL is now beginning to ship introductory coils to customers from the new mill, which utilizes the most modern technology in the world. Initially the new mill in Japan will make sheet for can bodies. It is the first metal produced under the KAAL name, even though both Alcoa and Kobe have been selling aluminum can sheet independently into the Asian region for many years.
 Full commercial operation of the KAAL mill is expected to begin in the fourth quarter of 1993. Dedication of the mill is scheduled for October 1993.
 -0- 7/22/93
 /CONTACT: Craig Covert, 615-594-4838, or fax, 615-594-4615; or John Van Devender, 615-594-4854, or fax, 615-594-4615, both of Alcoa/
 (AA)


CO: KAAL Asia, Ltd.; KSL-Alcoa Aluminum Co. Ltd.; Kobe Steel; Aluminum
 Company of America ST: Pennsylvania IN: MNG SU: JVN


CD -- PG011 -- 4561 07/22/93 12:47 EDT
COPYRIGHT 1993 PR Newswire Association LLC
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1993 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Publication:PR Newswire
Date:Jul 22, 1993
Words:374
Previous Article:DUFF & PHELPS: NARRAGANSETT ELECTRIC COMPANY $20 MILLION PERPETUAL PREFERRED STOCK RATED 'A' (PARENT: NEW ENGLAND ELECTRIC SYSTEM)
Next Article:SUN REPORTS SECOND QUARTER NET INCOME OF $70 MILLION, BEST QUARTER IN THREE YEARS
Topics:


Related Articles
UNOCAL OPENS OFFICES IN HANOI, BEIJING AND SINGAPORE TO EXPAND SOUTHEAST ASIA ACTIVITIES
ASIA Ltd Claims-Paying Ability Rated 'BBB-' By Fitch IBCA - Fitch IBCA -.
Crown Cork & Seal Appoints William J. Freeman Vice President - Strategic Marketing and Planning.
Kyodo economic news summary -6-.
Kobe Steel to absorb joint venture with Alcoa of U.S.
Birmingham Post comment: An everyday . . .
Laak of charm ace for poker; Sport on TV.

Terms of use | Copyright © 2016 Farlex, Inc. | Feedback | For webmasters