MYTILINEOS aluminium plant is one of the strongest pillars of Greek industry and has established itself as one of the strongest players in the Metallurgy sector in the European Union, with an annual production capacity that exceeds 190,000 tons of aluminium and 860,000 tons of alumina.
The Protocol for the establishment of an alumina-aluminium plant is signed between the Greek State and the contractors (Pechiney – Compadec – Industrial Development Organisation – Niarchos Group).
07/04/1963 The Prime Minister Konstantinos Karamanlis, accompanied by the Ministers for Coordination, Industry and Agriculture and by the President of the Parliament, launches the construction of the plant.
The vision is turned to reality. The plant is inaugurated and begins the production of alumina and aluminium from Greek bauxites.
A decade of prosperity and growth for the plant, which expands its facilities and doubles its alumina and aluminium output. The first environmental projects are carried out.
The share of “ALUMINIUM OF GREECE” is listed for the first time on the Athens Exchange.
The subsidiary “DELPHI-DISTOMON” is established. The company is the second largest bauxite producer in Greece, and is the result of the merger of “DELPHI BAUXITES” with “GREEK DISTOMON BAUXITES”.
Gas Treatment Centres are installed to reduce the fluoride contained in electrolysis gas emissions.
New investments are carried out to increase alumina production.
The society “UNION OF ALUMINIUM OF GREECE EMPLOYEES” is established.
The conversion of the supply process for the electrolysis basins from peripheral- to point-flow is carried out successfully. Supply flow is now automated and computer-driven.
The Canadian aluminium producing ALCAN Group acquires Pechiney Group and, by extension, ALUMINIUM OF GREECE.
MYTILINEOS Group acquires ALCAN’s majority stake in ALUMINIUM OF GREECE.
Around €12 million are invested in state-of-the-art technology for the management and utilisation of bauxite residues, consisting of four filter presses. The installation of the fourth filter press signals the achievement of the Company’s target to dispose all bauxite residues on land.
Conclusion of the merger by absorption of ALUMINIUM OF GREECE by MYTILINEOS HOLDINGS S.A., with parallel delisting of the company’s share from the Athens Exchange. The Group’s metallurgy branch is split and transferred to ALUMINIUM S.A. Delphi-Distomon becomes a subsidiary of MYTILINEOS HOLDINGS S.A.
Launch of operation for the Combined Heat and Power (CHP) plant, located within the industrial complex of ALUMINIUM. The plant supplies steam to the alumina and aluminium processing plants, replacing the use of 150,000 tons of fuel oil.
Merger of Aluminium of Greece with MYTILINEOS S.A.
Merger of MYTILINEOS HOLDINGS S.A. with its principal subsidiaries METKA S.A., PROTERGIA S.A. and ALUMINIUM OF GREECE I.C.S.A.