Nalco bags Capexil award

Our Bureau

Bhubaneswar, Oct 11: National Aluminium Company, the country's leading manufacturer-exporter of alumina and aluminium, has bagged the top export award of Chemical and Allied Products Export Promotion Council (Capexil) for 1997-98. This is the 11th time in succession that Nalco has won this award, which will be presented at a special function in November at Mumbai. Since inception, Nalco has achieved success as an exporter. During financial year 1997-98, Nalco exported 55,000 tonnes of metal and 4.8 lakh tonnes of calcined alumina, earning a record foreign exchange of Rs 679.48 crore as against Rs 637.86 crore in 1996-97. Nalco's products are sold in more than 30 countries including the UK, the US, France, Norway, Italy, Brazil, Australia, Indonesia and China. Nalco is the first Indian company to be registered on the London Metal Exchange.

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