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 9, 2004
Commission File No. 1-14110
__________________
PECHINEY
(Name of Registrant)
7, Place du Chancelier Adenauer
75218 Paris Cedex 16
France
(Address of Principal Executive Offices)
__________________
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 6, 2004 announcing Alcan's acquisition
of the remaining 65% stake in Aluminium Dunkerque, and a press
release dated January 9, 2004 announcing the results of Alcan Inc.'s
offer for the Pechiney securities.
1
Press Release
FOR IMMEDIATE RELEASE
ALCAN ACQUIRES ENTIRE INTEREST IN ALUMINIUM DUNKERQUE
Montreal, Canada - January 6, 2004 - On December 30, 2003, Alcan Inc. (NYSE,
TSE: AL) acquired the remaining 65% stake in the Aluminium Dunkerque smelter,
located in Dunkerque, France, from the smelter's financial partners. This
follows the agreement to acquire announced on July 9, 2003 by Pechiney, owner of
35% of the Aluminium Dunkerque smelter and now an Alcan subsidiary.
The acquisition, including all of the shares and subordinated loans owned by the
financial partners, was made for 248 million euros. The transaction also
resulted in the consolidation by Alcan of an additional EUR 112 million of debt
on December 30, 2003.
Aluminium Dunkerque's annual production capacity is 250,000 tonnes. "This
acquisition adds an excellent primary aluminium asset to Alcan's global
capacity," said Travis Engen, President and CEO of Alcan.
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, today's Alcan is even better positioned to meet and exceed its
customers' needs for innovative solutions and service. Alcan employs 88,000
people and has operating facilities in 63 countries.
- 30 -
Investor contact: Media contacts, Paris:
Corey Copeland Chrystele Ivins
Tel: +1 514 848 8368 Tel: + 33 1 56 28 24 18
corey.copeland@alcan.com Chrystele.ivins@pechiney.com
Media contact, Montreal: Stephan Giraud
Joseph Singerman Tel: + 33 1 56 28 24 19
Tel: +1 514 848 1355 Stephan.giraud@pechiney.com
Joseph.singerman@alcan.com
2
[GRAPHIC OMITTED]
January 9, 2004
Final Results of Alcan Inc.'s offer
On January 8, 2004 the French Autorite des marches financiers released the
definitive results of the offer launched by Alcan Inc. for the Pechiney
securities.
Taking into account Pechiney securities tendered during the re-opened period of
the offer, more than 95% of the share capital of Pechiney on a fully diluted
basis has been tendered into the offer. Therefore, Alcan will pay the following
additional consideration to the Pechiney security-holders who tendered their
securities into the offer:
o EUR 1 for each Pechiney share tendered;
o EUR 0.1 for each Pechiney bonus allocation right tendered;
o EUR 0.4 for each Pechiney OCEANE tendered; and
o EUR 0.5 for each Pechiney ADS tendered.
Pechiney is an international group listed on the Paris exchange. Its three core
businesses are primary aluminum, aluminium conversion and packaging. Pechiney
achieved sales of EUR 11.9 billion in 2002. It employs 34,000 employees.
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 Contact:
Chrystele Ivins: Tel.: 33 1 56 28 24 18 Charles L. Ranunkel: Tel.: 33 1 56 28 25 07
chrystele.ivins@pechiney.com Fax: 33 1 56 28 33 38
Stephan Giraud: Tel.: 33 1 56 28 24 19
3
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 9, 2004 PECHINEY
By: /s/ OLIVIER MALLET
------------------
Name: Olivier MALLET
Title: Chief Financial Officer
4