Alcoa Wins Long-Term Siemens Contract to Supply Blades and Vanes for Heavy-Duty Gas Turbines

  Alcoa Wins Long-Term Siemens Contract to Supply Blades and Vanes for
  Heavy-Duty Gas Turbines

Business Wire

NEW YORK -- December 20, 2012

Alcoa (NYSE: AA) today announced that Alcoa Power and Propulsion (APP) has
signed a long-term agreement with Siemens Energy to supply blades and vanes
for a wide range of industrial gas turbines. Siemens Energy is one of the
world’s leading suppliers of products, solutions and services in the energy
technology field. Contract terms were not disclosed.

Alcoa parts made in the U.S. and Europe will be used in, among others, the
Siemens F-Class turbine which generates enough power to supply the energy
needs of a city of 300,000 residents.

“Alcoa’s blades and vanes operate in the most demanding section of the
turbine, where temperatures sometimes exceed the melting point of the casting
and the rotational rate exceeds the speed of sound,” said Andreas
Fischer-Ludwig, Director of Global Blades & Vane Business at Siemens Energy.
“But even in that severe environment, Alcoa technology keeps the castings
working optimally, which is crucial to our global customers who need to
generate electricity dependably.”

“We are pleased that Siemens Energy recognizes the value Alcoa’s expertise in
investment casting brings to building efficient and durable power generation
equipment,” said Allen Zwierzchowski, Vice President, APP. “As a global leader
in investment castings, we are well-positioned to support demand for
industrial gas turbines as power suppliers use greater amounts of low-priced
natural gas to produce electricity.”

The Alcoa contract builds upon a 30-year relationship with Siemens and
provides the opportunity to collaborate on technology to further improve
industrial gas turbine performance.

About Alcoa Power and Propulsion

Alcoa Power and Propulsion, a major business unit of Alcoa, is a global leader
in airfoil and structural investment castings. Serving the aerospace, defense,
energy and industrial markets, its products are primarily used in jet engines
and industrial gas turbines. Additional value-added products and services
include hot isostatic pressing, high-temperature coatings, titanium ingot and
specialty investment casting materials. With 25 production facilities, Alcoa
Power and Propulsion employs more than 9,000 people worldwide.

About Alcoa

Alcoa is the world’s leading producer of primary and fabricated aluminum, as
well as the world’s largest miner of bauxite and refiner of alumina. In
addition to inventing the modern-day aluminum industry, Alcoa innovation has
been behind major milestones in the aerospace, automotive, packaging, building
and construction, commercial transportation, consumer electronics and
industrial markets over the past 120 years. Among the solutions Alcoa markets
are flat-rolled products, hard alloy extrusions, and forgings, as well as
Alcoa® wheels, fastening systems, precision and investment castings, and
building systems in addition to its expertise in other light metals such as
titanium and nickel-based super alloys. Sustainability is an integral part of
Alcoa’s operating practices and the product design and engineering it provides
to customers. Alcoa has been a member of the Dow Jones Sustainability Index
for 11 consecutive years and approximately 75 percent of all of the aluminum
ever produced since 1888 is still in active use today. Alcoa employs
approximately 61,000 people in 31 countries across the world. For more
information, visit www.alcoa.com and follow @Alcoa on Twitter at
twitter.com/Alcoa.

Contact:

Alcoa
Investor Contact
Kelly Pasterick, 212-836-2674
Kelly.Pasterick@alcoa.com
or
Media Contact
Libby Archell, 212-836-2719
Libby.Archell@alcoa.com
or
Alcoa Engineered Products & Solutions
Monica Orbe, 212-836-2632
Monica.Orbe@alcoa.com
 
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