''C.V.G. Aluminio del Caroní S.A.'', known as Alcasa, is a state-owned
aluminium
Aluminium (aluminum in American and Canadian English) is a chemical element with the symbol Al and atomic number 13. Aluminium has a density lower than those of other common metals, at approximately one third that of steel. I ...
producer in
Venezuela
Venezuela (; ), officially the Bolivarian Republic of Venezuela ( es, link=no, República Bolivariana de Venezuela), is a country on the northern coast of South America, consisting of a continental landmass and many islands and islets in th ...
. Founded in 1960, it began operations in 1967. It is part of the
Corporación Venezolana de Guayana
The Corporacion Venezolana de Guayana (CVG) is a decentralized state-owned Venezuelan conglomerate, located in the Guayana Region
The Guayana Region is an administrative region of eastern Venezuela.
History
In the 1970s, after the proce ...
mining company, and one of the world's
largest aluminium producers. In 1999 it had around 9000 employees.
[
The Venezuelan government had sought to privatize Alcasa in 1998, but the investors pulled out citing world market conditions.][Raymond Colitt, '']Financial Times
The ''Financial Times'' (''FT'') is a British daily newspaper printed in broadsheet and published digitally that focuses on business and economic current affairs. Based in London, England, the paper is owned by a Japanese holding company, Ni ...
'', 2 November 1999, "COMMODITIES & AGRICULTURE: Venezuela in fresh approach to aluminium privatisation : After many setbacks the government wants to sell the industry in several blocks with different strategies"
In 2005 the BBC #REDIRECT BBC #REDIRECT BBC
Here i going to introduce about the best teacher of my life b BALAJI sir. He is the precious gift that I got befor 2yrs . How has helped and thought all the concept and made my success in the 10th board exam. ...
...
" initiative, with workers electing managers and participating in the budgeting process, as well as being involved in decisions on technical issues related to production. The experience was evaluated negatively by President