Alcan Signs Joint Venture Agreement for Greenfield Hot Rolling Mill in China


PARIS, September 11 /PRNewswire/ --

- Plant to Produce Advanced Heat-Treated Plates for Aerospace and General
Engineering Markets

PARIS, September 11 /PRNewswire/ --

Alcan today signed a joint venture agreement with Dingsheng Aluminium, 
a privately owned Chinese foil producer, to set up a greenfield facility in 
Zhenjiang, Jiangsu province, in China. Alcan is the majority partner in 
the project. The new world-class facility will produce heat-treated aluminum 
plates for the fast growing aerospace and general engineering markets.

"Today's signing marks a major milestone in Alcan Engineered Products'
continued expansion into the Chinese market. This is a major project that 
will reinforce our leadership position in the growing aluminum plate market 
and as a global leader in providing innovative solutions to our key 
customers. We are very appreciative of the support of the Jiangsu province, 
and are confident that this new joint venture will be a success," said 
Christel Bories, President and Chief Executive Officer of Alcan Engineered 
Products.

"This new state-of-the-art facility underscores Alcan's position as a key
supplier of innovative aluminum products for the rapidly expanding aerospace
and general engineering markets," said Jean-Philippe Caël, President of
Alcan's Aerospace, Transportation and Industry group.

The facility, which is subject to approval by the Central Chinese
Government and will also require final approval by Alcan's Board, will 
produce aluminum plates with advanced patented alloys and will strengthen 
Alcan's position in the heat-treated plate markets, specifically in the 
aerospace sector where these plates are used in the wings and fuselages of 
airplanes. The new facility will also serve the general engineering markets; 
including, equipment for semi-conductors, home appliances, and plastic 
injection molds to produce automotive parts.

Alcan Inc. (NYSE: AL, TSX: AL) is a leading global materials company,
delivering high quality products and services worldwide. With world-class
technology and operations in bauxite mining, alumina processing, primary 
metal smelting, power generation, aluminum fabrication, engineered solutions 
as well as flexible and specialty packaging today's Alcan is well positioned 
to meet and exceed its customers' needs. Alcan is represented by 68,000 
employees, including its joint-ventures, in 61 countries and regions, and 
posted revenues of US$23.6 billion in 2006. The Company has featured on 
the Dow Jones Sustainability Indexes consecutively since 2003. For more 
information, please visit: http://www.alcan.com.

Statements made in this press release which describe the Company's
intentions, expectations or predictions may be forward-looking statements
within the meaning of securities laws. By their nature, forward-looking
statements involve risk and uncertainty; the Company's actual results or
actions could differ materially from those expressed or implied in such
forward-looking statements. Reference should be made to the Company's latest
Quarterly Report on Form 10-Q for a summary of factors that could cause such
differences.

%B NM %C 1,4,18,20,22 %D ATI China Investment

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