2007'02.02.Fri
Aleris International, Inc. Announces Zinc Investment In China

PR
June 06, 2006

BEACHWOOD, Ohio, June 6 /Xinhua-PRNewswire/ -- Aleris International, Inc. (NYSE: ARS) announced today that it is constructing a zinc recycling facility in the Economic Development Zone of Changshu, China, approximately 100 kilometers outside of Shanghai. The plant will recycle secondary zinc materials generated in the steel galvanizing process. The plant will also produce various zinc products, including zinc oxide, which will be sold to customers in the fast growing tire, chemicals and other industries. Production is expected to commence in the third quarter of 2007. Initially the plant will produce approximately 16,000 metric tons of zinc oxide annually. This project represents Aleris's first direct investment in the fast growing China economy and coincides with the Chinese national drive to focus on the environment and the recycling of valuable raw materials. The Company plans to expand its presence in China and the rest of Asia and has recently opened regional offices in Shanghai and Hong Kong to pursue additional opportunities in its aluminum recycling and rolled products businesses. Aleris International, Inc. is a major North American manufacturer of rolled aluminum products and is a global leader in aluminum recycling and the production of specification alloys. We are also a leading manufacturer of value-added zinc products that include zinc oxide, zinc dust and zinc metal. Headquartered in Beachwood, Ohio, a suburb of Cleveland, the Company operates 41 production facilities in the U.S., Brazil, Germany, Netherlands, Mexico and Wales, and employs approximately 4,000 employees. For more information about the Company, please visit our Web site at http://www.aleris.com . SAFE HARBOR REGARDING FORWARD-LOOKING STATEMENTS Forward-looking statements made in this news release are made pursuant to the safe harbor provision of the Private Securities Litigation Reform Act of 1995. These include statements that contain words such as "believe," "expect," "anticipate," "intend," "estimate," "should" and similar expressions intended to connote future events and circumstances, and include statements regarding future actual and adjusted earnings and earnings per share; future improvements in margins, processing volumes and pricing; overall 2006 operating performance; anticipated higher adjusted effective tax rates; expected cost savings; success in integrating Aleris's recent acquisitions; its future growth; an anticipated favorable economic environment in 2006; future benefits from acquisitions and new products; expected benefits from industry consolidation and post-hurricane reconstruction; and anticipated synergies resulting from the merger with Commonwealth and other acquisitions. Investors are cautioned that all forward-looking statements involve risks and uncertainties, and that actual results could differ materially from those described in the forward-looking statements. These risks and uncertainties would include, without limitation, Aleris's levels of indebtedness and debt service obligations; its ability to effectively integrate the business and operations of its acquisition; further slowdowns in automotive production in the U.S. and Europe, the financial condition of Aleris's customers and future bankruptcies and defaults by major customers; the availability at favorable cost of aluminum scrap and other metal supplies that the Company processes; the ability of the Company to enter into effective metals, natural gas and other commodity derivatives; continued increases in natural gas and other fuel costs of the Company; a weakening in industrial demand resulting from a decline in U.S. or world economic conditions caused by terrorist activities or other unanticipated events; future utilized capacity of the Company's various facilities; a continuation of building and construction customers and distribution customers reducing their inventory levels and reducing the volume of the Company's shipments; restrictions on and future levels and timing of capital expenditures; retention of the Company's major customers; the timing and amounts of collections; currency exchange fluctuations; future write-downs or impairment charges which may be required because of the occurrence of some of the uncertainties listed above; and other risks listed in the Company's filings with the Securities and Exchange Commission, including but not limited to the Company's annual report on Form 10-K for the fiscal year ended December 31, 2005, and quarterly report on Form 10-Q for the quarter ended March 31, 2006, particularly the sections entitled "Risk Factors" contained therein. (Logo: http://www.newscom.com/cgi-bin/prnh/20050504/CLW056LOGO ) For more information, please contact: Michael D. Friday Aleris International, Inc. Tel: +1-216-910-3503/ SOURCE Aleris International, Inc.
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