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November 11, 2005
By: TOM BRANNA
Editor
Montreal, Canada-based Alcan Inc. has signed a leter of intent to sell its molded glass operations in Park Hills, MO; Mays Landing, Williamstown and Millville, NJ, as well as the company’s 46%-owned joint venture in Beijing, China to Glass Group Inc. Alcan executives said in a statement that the company decided to sell its molded glass operations as the result of a portfolio review of its packaging business. This is in line with the company’s objective to maximize value. The company will...
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