Companhia Brasileira de Aluminio

Companhia Brasileira de Aluminio
Privately held company
Industry Aluminium
Founded (1955)
Headquarters São Paulo, Brazil
Key people
Antônio Ermírio de Moraes, (CEO)
Products aluminium products, aluminium alloys
Revenue Increase US$ 2.8 billion (2009)
Number of employees
6,500
Parent Votorantim Group
Website www.aluminiocba.com.br

Companhia Brasileira de Aluminio CBA is the largest aluminium producer in Brazil having a total annual production of around 480,000 tonnes.

It is headquartered in the city of São Paulo.

History

Brazilian president Luiz Inácio Lula da Silva visits the Brazilian Aluminium Company in 2006

Established on June 4, 1955, Companhia Brasileira de Aluminio was the first aluminium plant in Brazil producing 4.000 tonnes/year but after fifty years in 2005 the company had a producing capacity of 400,000 tonnes/year.

Now the company has a large distribution chain all across Brazil including a sea terminal in the Port of Santos.

Other businesses

Mining

Companhia Brasileira de Aluminio has some bauxite mines in Poços de Caldas. After acquiring a 10% stake in mining company Mineração Rio do Norte, CBA now holds bauxite mines in the South-East part of Parana State and has another mine in the municipality of Cataguases and Itamarati de Minas in Minas Gerais State. There is another mine Miraí due for opening in 2007 which alone will produce 3 million tonnes of bauxite per year.

Electric power

The company produces 60% of the energy in the 18 hydroelectrical power plants it owns all over Brazil and has around 13,000 clients.

This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.