Alcoa strikes power agreement for Massena smelters

Dec 21, 2007 | 09:05 AM |

Alcoa Inc., Pittsburgh said Friday that it had struck an agreement with the state of New York and the New York Power Authority (NYPA) on a renewable energy contract to supply the company's aluminum smelters in Massena, N.Y.

The deal opens the way for Alcoa to invest about $600 million in modernizing and upgrading its two smelters at Massena and will see it boost capacity to 274,000 tonnes per year and reduce emissions by more than 70 percent.....

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