Alcasa

The graphic shows the production of liquid aluminium by Alcasa from 2007 to 2015. Data are from the Memoria 2011 and 2015 of the Ministerio del Poder Popular para Industrias of Venezuela.

C.V.G. Aluminio del Caroní S.A., known as Alcasa, is a state-owned aluminium producer in Venezuela. Founded in 1960, it began operations in 1967.[1] It is part of the Corporación Venezolana de Guayana mining company, and one of the world's largest aluminium producers. In 1999 it had around 9000 employees.[2] In 2005 the BBC reported that Alcasa had instituted a "co-management" initiative, with workers electing managers and participating in the budgeting process, as well as being involved in decisions on technical issues related to production.[3] The experience was evaluated negatively by President Nicolás Maduro in 2013: "The model of worker control failed in Guyana, it never existed; neither control nor worker."[4]

The Venezuelan government had sought to privatize Alcasa in 1998,[5] but the investors pulled out citing world market conditions.[2]

References

  1. ↑ Alcasa, History of CVG Alcasa
  2. 1 2 Raymond Colitt, Financial Times, 2 November 1999, "COMMODITIES & AGRICULTURE: Venezuela in fresh approach to aluminium privatisation : After many setbacks the government wants to sell the industry in several blocks with different strategies"
  3. ↑ Iain Bruce (2005-08-17). "Business | Chavez calls for democracy at work". BBC News. Archived from the original on 12 July 2010. Retrieved 2010-08-16.
  4. ↑ "Maduro: El control obrero nunca existió" (in Spanish). El Mundo Economía y Negocios. 2013-05-22. Retrieved 2017-03-10.
  5. ↑ Financial Times, 10 July 1998, "COMPANIES & FINANCE: THE AMERICAS: Aluminium sale priced at low end, Caracas admits: NEWS DIGEST"


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