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Kobe Steel to Absorb Joint Venture with Alcoa.
- Article from:
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Knight Ridder/Tribune Business News
- Article date:
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October 2, 2003
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Copyright informationCOPYRIGHT 2003 Knight-Ridder/Tribune Business News. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Kyodo News International, Tokyo Knight Ridder/Tribune Business News
Oct. 2--TOKYO--Kobe Steel Ltd. said Thursday it will absorb KSL Aluminum Co. (Kaal), its aluminum sheet-making joint venture with Alcoa Inc. of the United States, on Dec. 1.
Kaal manufactures aluminum sheets for sale to can makers. The planned absorption is designed to enable Kobe Steel to obtain control of all stages of aluminum sheet manufacturing from ingot melting to final products, it said.
Alcoa presently holds a ...
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