You are being redirected to the story the piece of content is found in so you can read it in context. Please click the following link if you are not automatically redirected within a couple seconds:

Alcan Faces Shareholder Ire Over Project Plans

Author: Robert Melnbardis, Reuters, Published on: 28 April 2005

Alcan's 45 percent owned Utkal Alumina International Ltd. project in...India's Orissa state...drew the most persistent commentary and questioning at the annual meeting. Members of "Alcan't in India," a Montreal-based advocacy group, demanded the company withdraw from the $1 billion Utkal project...The project has already been delayed by some seven years because of protests by social groups and about 147 families reluctant to make way for its development...Engen [Travis Engen, Alcan's President & CEO] acknowledged that a number of people have died in India in the dispute over the "very troubled" project. Utkal has to satisfy a number of environmental and financial conditions and address the question of community support before its development can proceed, he said.

Read the full post here

Related companies: Aditya Birla Group Alcan (now Rio Tinto Alcan) Hindalco (part of Aditya Birla Group)