This periodic newsletter offers a roundup of highlights from Alcoa’s operations worldwide. Taken individually, these summaries provide insight into Alcoa’s performance in the economic, environmental, and social realms. Taken together, they reveal the breadth of activity that ultimately delivers a sustainable outcome.

More detail about Alcoa can be found on our website, www.alcoa.com.

Alcoa Sets New Three-Year Cost-Savings Challenge

A new 2004-2006 cost-savings program, which is based on the principles of the Alcoa Business System, calls for a reduction of $1.2 billion in annual expenditures by the end of 2006. This would bring total savings to more than $3.3 billion since 1998.

Alcoa Named One of the Best Managed Companies by Forbes

One of only 26 companies cited, Alcoa led the materials category in this annual Forbes magazine survey.

Alcoa Selected to Collaborate With Ferrari on Next-Generation Aluminum Space Frame

Ferrari selects Alcoa as the sole provider for the next-generation aluminum space frame for its new, 12-cylinder, front engine 2+2 sports car, the 612 Scaglietti. Full-series production begins this year.

Alcoa Key Supplier on Airbus A380 Super Jumbo Airliner

Alcoa works to meet the unique challenges required on the Airbus A380 super jumbo airliner, the world’s only twin-deck, four-aisle airliner—or a tripledecker in the freighter three-class interior layout.

Alcoa and Greening Australia Partnerships Wins Prime Minister's Excellence Award

A 21-year-long partnership between Alcoa World Alumina Australia and Greening Australia is the national winner of an Australian Prime Minister's Award for Excellence in Community Business Partnerships.

Extracting Reusable Oil from Rolling Mill Wastewater

A treatment process at Alcoa’s Tennessee Operations (USA) extracts the oil from the facility’s wastewater so it can be sold as an alternative source of fuel.

Environmental Education Program Provides Support to Teachers in Hungary

Alcoa-Köfém Kft. in Hungary co-developed an educational program that is increasing environmental awareness among primary school students throughout the city of Székesfehervár.

Global Strategy Improves Occupational Health Program at Howmet

Alcoa’s Howmet Castings instituted a global strategy that resulted in extensive occupational health processes and initiatives, all of which contribute to workplace health management.

A Future Look at Fatality Prevention

Alcoa increasingly focuses on identifying and eliminating highly improbable causes of fatalities within its operations.

Extending Alcoa Values and Expertise to Develop the Next Generation of Conservation Leaders

Alcoa Foundation awarded additional one-year grants to three partners in 2003 to enable them to develop educational networks with community stakeholders and promote promising practices in conservation and sustainability.

We welcome your comments or questions on Alcoa’s sustainability efforts. We won’t necessarily reply to every e-mail we receive, but we do read and consider them all.

Alcoa’s privacy statement

Alcoa Inc.

Alcoa Inc.

Alcoa (NYSE:AA) is the world's leading producer and manager of primary aluminum, fabricated aluminum and alumina facilities, and is active in all major aspects of the industry. Alcoa serves the aerospace, automotive, packaging, building and construction, commercial transportation and industrial markets, bringing design, engineering, production and other capabilities of Alcoa's businesses to customers. In addition to aluminum products and components, Alcoa also markets consumer brands including Reynolds Wrap® foils and plastic wraps, Alcoa® wheels, and Baco® household wraps. Among its other businesses are closures, fastening systems, precision castings, and electrical distribution systems for cars and trucks. The company has 129,000 employees in 44 countries and has been named one of the top most sustainable corporations in the world at the World Economic Forum in Davos, Switzerland. More information can be found at www.alcoa.com

More from Alcoa Inc.