SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 6-K
REPORT OF FOREIGN PRIVATE ISSUER
PURSUANT TO RULE 13a-16 or 15d-16 OF
THE SECURITIES EXCHANGE ACT OF 1934
Report on Form 6-K dated January 22, 2003
Commission File No. 1-14110
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PECHINEY
(Name of Registrant)
7, Place du Chancelier Adenauer
75218 Paris Cedex 16
France
(Address of Principal Executive Offices)
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Indicate by check mark whether the registrant files or will file annual
reports under cover of Form 20-F or Form 40-F:
Form 20-F: [X] Form 40-F: [ ]
Indicate by check mark if the registrant is submitting the Form 6-K in
paper as permitted by Regulation S-T Rule 101(b)(1):
Yes: [ ] No: [X]
Indicate by check mark if the registrant is submitting the Form 6-K in
paper as permitted by Regulation S-T Rule 101(b)(7):
Yes: [ ] No: [X]
Indicate by check mark whether the registrant by furnishing the
information contained in this form is also thereby furnishing
the information to the Commission pursuant to Rule 12g3-2(b)
under the Securities Exchange Act of 1934.
Yes: [ ] No: [X]
If "Yes" is marked, indicate below the file number assigned to the registrant
in connection with Rule 12g3-2(b): 82- __________
Enclosure: A press release dated January 17, 2003, announcing plans to build a
tube manufacturing plant in Mexico.
PRESS RELEASE
Cebal Americas announces plans to build
plastic tube packaging plant in Mexico
Paris, France, January 17, 2003 - Cebal Americas, a division of the Pechiney
Group's Packaging Sector, has announced plans to build a tube manufacturing
plant in Mexico.
The new plant, which will constitute an investment of US$10 million, will
manufacture plastic tubes for the cosmetics segment in North America, which has
been growing at an increasing rate over the last several years. A site location
will be finalized in the coming weeks, and the facility is expected to be
commercial at the end of the year.
"The new plant in Mexico is part of an overall strategic initiative to refocus
our business on three key markets so that we can improve service to customers
and compete more effectively on a global basis," said Jean-Paul Meausoone, Vice
President and General Manager, Cebal Americas. "We are serving customers in the
Cosmetics, Pharmaceuticals, and Dentifrice & Commodities markets; and, by
realigning our manufacturing capabilities, Cebal Americas will be better
positioned to address the needs and growth opportunities in each of them. These
actions along with the new cosmetics tube plant in Mexico should give us a
competitive advantage in the marketplace."
More information
Cebal Americas is part of the Pechiney Group's Packaging Sector. With sales of
251 million euros in 2001, Cebal Americas employs 1,700 people at seven
manufacturing sites in the United States, Canada, Mexico and Brazil. It produces
collapsible tubes (plastic and laminate) for the Cosmetics, Pharmaceuticals, and
Dentifrice & Commodities markets. Combined with the Cebal Tubes Division in
Europe, Cebal Americas is the world leader in its segments. For more
information, visit www.cebalamericas.com.
The Pechiney Group's Packaging Sector, to which Cebal Americas belongs, achieved
sales of 2.4 billion euros in 2001. With bases in 17 countries, it employs
16,000 people in 92 production units. It has global leadership positions in high
value-added specialty collapsible tube packaging (health & beauty), aluminum
aerosol cans, luxury plastic containers (cosmetics & perfumes) and flexible
packaging, barrier plastic bottles, capsules and overcapping (food).
Pechiney is an international group that is listed on the Paris and New York
(NYSE:PY) stock exchanges. Its core businesses are aluminum and packaging. With
bases in 51 countries and 34,500 employees, Pechiney achieved sales of 11
billion euros in 2001. For more information, visit www.pechiney.com
* * *
Certain statements in this press release that describe Pechiney's intentions,
expectations or projections may constitute forward-looking statements. These
forward-looking statements involve known and unknown risks, uncertainties and
other factors that may cause Pechiney's actual results, performance or
achievement to be materially different from its intentions, expectations or
projections. The forward-looking statements in this press release speak only as
of its date and Pechiney undertakes no obligation to update or revise any
forward-looking statement to reflect events or circumstances after the date
hereof or to reflect the occurrence of unanticipated events.
Press Contacts: Investor Relations Contacts:
Stephan Giraud Tel.: 33 1 56 28 24 19 Charles L. Ranunkel Tel: 33 1 56 28 25 07
stephan.giraud@pechiney.com Catherine Paupelin Tel: 33 1 56 28 25 08
Chrystele Ivins Tel.: 33 1 56 28 24 18 Jerome Gaudry Tel: 33 1 56 28 25 23
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934,
Pechiney has duly caused this report to be signed on its behalf by the
undersigned, thereunto duly authorized.
Date: January 22, 2003 PECHINEY
By: /s/ OLIVIER MALLET
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Name: Olivier MALLET
Title: Chief Financial Officer