REfiNERY BEING DISMANTLED ACCORDING TO INTERNATIONAL STANDARDS

Alcoa recently announced that the plans for the dis mantling of the refinery of the Suriname Aluminum &ompany (Suralco) have been thoroughly and meti culously developed accor ding to the right safety and environment standards. 7he multinational pointed out that the dismantling of the refinery has been judged and approved by the Surinamese government. “All of the planned activities will be carried out according to in ternational standards with the focus on safety and the environment. 'ue to agree ments regarding sharing confidential information it was previously not possible to divulge details regarding the negotiations between Alcoa and the presidential commission.´ ,n November

1 Alcoa decided to gradually reduce produc tion at the Suralco refinery. Aluminum industry analysts say that declining aluminum production in North and South America, the refine ry’s natural markets, are ano ther reason why keeping the refinery running was no lon ger feasible. 7he results and conclusions were discussed with the Surinamese govern ment before production was halted completely. ,n 1 Alcoa reached an agreement with the Surinamese gover nment via the Presidential &ommission for the Bauxite ,ndustry. Both parties agreed to permanently close down and dismantle the Suralco refinery.