Chemicals & Materials

Alcoa Corporation

Company Profile Analysis

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Alcoa Corporation - Chemicals & Materials showcase

Year Founded & Workforce

1885-12-31

4,500 Employees

Industry

Chemicals & Materials

Services

A

Alcoa Corporation Overview

Company Headquarters: Pittsburgh, Pennsylvania, US

Founded: 1886

Workforce: ~4,500

Company Working: Alcoa Corporation (Alcoa) is a leading company in the metal industry that is engaged in the production of bauxite, alumina, and aluminum products. It operates through three business segments, namely, aluminum, alumina, and bauxite. The company operates seven active bauxite mines across Brazil, Guinea, Saudi Arabia, and Australia. In 2018, Alcoa generated a revenue of USD 1.2 billion from the bauxite segment. In the same year, the company shipped a total volume of 46.9 million dry metric tons of bauxite. Of the total shipment, 5.7 million dry metric tons were shipped to third parties.

Strategy

Alcoa aims to strengthen and secure its position as a low-cost industry leader across the aluminum value chain. Furthermore, it plans to create a cost-competitive bauxite production by upgrading its technologies and optimizing production methods.

Company Snapshot

$11,652M

Revenue

4,500

Employees

1885-12-31

Founded

Pittsburgh, Pennsylvania, US

Headquarters

SWOT Analysis

Strengths

  • Advanced alumina refining system
  • Vast product portfolio
  • Strong distribution network
  • Vertically integrated operations
  • Leading bauxite producer

Weaknesses

  • Limited presence in emerging economies
  • Limited presence in developing markets
  • Low research & development expenditure

Opportunities

  • Strategic acquisitions and mergers
  • New product developments
  • Strategic mergers and acquisitions
  • Increasing demand for bauxite in China

Threats

  • Strict environment regulations in Europe and the US
  • Fluctuating foreign currency exchange rates

Key Developments

DateApproachDevelopment
January 2020RecognitionAlcoa announced that its bauxite mines and alumina refineries products received performance standard certification from the Aluminium Stewardship Initiative (ASI).
January 2020DivestmentAlcoa announced its plans to sell its non-core assets with a goal of generating free-cash-flow ranging between USD 500 million to USD 1,000 million by the end of 2020. According to this plan, the company entered an agreement with Veolia ES Technical Solutions to sell its waste treatment facility at Gum Springs, Arkansas US for USD 250 million.

Product Offering

  • Alcoa Corporation
    • Bauxite

Financial Performance

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About the Author

Wantstats Research Team

Wantstats' research desk profiles Alcoa Corporation as part of our ongoing coverage of the Chemicals & Materials sector, drawing on public company data, filings, and market intelligence.

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We got the report in time, we really thank you for your support in this process. I also thank to all of your team as they did a great job.
Noah Malgeri
Noah Malgeri

Co-Founder, Mojave Rail Fabrication Limited

This is really good guys. Excellent work on a tight deadline. I will continue to use you going forward and recommend you to others. Nice job.
Michael Robert

Manager, JavolVision

Thanks, I am so happy that we worked together. Maybe we still can work together in the future.
Joseph Aguayo
Joseph Aguayo

Sales Operations & Pricing Manager, Intel

Thanks. It's been a pleasure working with you, please use me as reference with any other Intel employees.
Bong Lau

Sales Leader, Bamberg

We bought your "2025 report" in 2020. Everything is fine and very good.
Peter Groot Koerkamp
Peter Groot Koerkamp

Account and Business Manager, EFS-Holland BV

Thanks for sending the report it gives us a good global view of the Betaïne market.
Younghwan Choi
Younghwan Choi

Senior Retail Manager, LG Chem

We found the report very insightful! we found your research firm very helpful. I'm sending this email to secure our future business.
Mark Irwin

Management Consultant, Level 21

I am very pleased with how market segments have been defined in a relevant way for my purposes (such as "Portable Freezers & refrigerators" and "last-mile"). In general the report is well structured. Thanks very much for your efforts.
Rob Kooiker

Group Product Manager HVAC & Fire Protection GMA, Rockwool

I have been reading the first document or the study, the Global HVAC and FP market report 2021 till 2026. Must say, good info! I have not gone in depth at all parts, but got a good indication of the data inside!
Jason Lee

R&D Director, Seojin

Thanks for your great support. Appreciate it. Well received report. It helps us to understand market well. We're planning other area of survey in the future, let's keep in touch.
Akif Moroglu

Strategy & Business Development Director, Dogan Holding

We got the report in time, we really thank you for your support in this process. I also thank to all of your team as they did a great job.

Alcoa Corporation

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