In his address to delegates and experts from the aluminum industry, Mr.  Evans said, "At Alcan, we believe that our industry has the science and the will to establish global targets that can favourably impact the environment, including the reduction of greenhouse gas emissions."

"The industry has already achieved much in this area and it must continue to work with governments and other stakeholders to establish worldwide sector-specific targets, so that we can manage better the economic, environmental, and social impact of Kyoto and subsequent regulatory frameworks," he added.

In his review of the industry, Mr. Evans identified three key themes:

· Aluminum is "green" and has a unique relative competitive advantage over many other materials. As one of the world's most recyclable materials, aluminum's net benefit to the planet is a positive one.
· Aluminum may be better positioned than it has been in several decades relative to both steel and polymer resins.
· Alcan continues to believe that China will return to balance in the medium term and will likely go into deficit in the longer term as it makes rational economic choices as part of the global economy.
In his speech, Mr. Evans reiterated that to ensure long term economic and environmental sustainability, Alcan continues to invest in its global leadership position and is looking beyond technology sales to integrated solutions that offer clients and partners an unsurpassed value proposal.

"Pechiney AP technology is responsible for 80 percent of the western world's newly installed smelting capacity over the last 15 years. We will continue to build upon this foundation to deliver cutting-edge technology solutions that promise both economic and technology leadership in the new century," Evans said.

Mr. Evans' speech as well as the presentation will be made available on the Company's website at www.alcan.com.

Alcan is a multinational, market-driven company and a global leader in aluminum and packaging, as well as aluminum recycling. With world-class operations in primary aluminum, fabricated aluminum as well as flexible and specialty packaging, aerospace applications, bauxite mining and alumina processing, today's Alcan is well positioned to meet and exceed its customers' needs for innovative solutions and service. Alcan employs 70,000 people and has operating facilities in 55 countries and regions.