PECHINEY TO SELL PART OF STAKE IN CANADA PLANT
French state-owned aluminium and special
metals group Pechiney <PUKG.PA> is planning to sell 25 pct of a
Canadian aluminium plant at Becancour to the U.S.'s Reynolds
Metals Co <RLM.N> over the coming weeks, the company said.
     Pechiney currently holds a majority 50.1 pct stake in the
plant. The company also said it planned an agreement soon with
Italy's <La Metalli Industriale>, a 57 pct owned subsidiary of
<Societa Metallurgica Italiana> related to cupreous products.
No further details were available.
 REUTER
