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Alcoa And China Power Investment Finalize Deal To Establish JV Co In China

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
rttnewslogo20mar2024

Alcoa Inc. (AA) announced that the company and China Power Investment Corporation or CPI announced have finalized an agreement to establish a joint venture company to produce high-end fabricated aluminum products for the China market. Terms of the agreement were not disclosed.

Alcoa noted that the joint venture company will serve as a manufacturer of high-end fabricated aluminum products for the aerospace, automotive, commercial transportation, consumer electronics and packaging markets in China.

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