Organisational Behviour

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Category: Business and Industry

Date Submitted: 06/20/2013 11:31 PM

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1.0 Organization Overview

The Volta Aluminium Company Limited (VALCO) is an aluminium reduction facility (smelter) located in the industrial seaport city of Tema, east of the capital city of Accra. VALCO was originally jointly owned by Kaiser Aluminium and Chemical Corporation (KACC) – 90 per cent and Reynolds Metals Company – 10 per cent. The Government of Ghana purchased the 90 per cent shares of KACC in October 2004 and subsequently completed acquisition in June 2008. Currently VALCO is solely owned by the Government and people of Ghana.

The VALCO smelter consists of a self-contained five pot lines reduction facility that includes a private dock, raw materials storage area, Carbon Anode manufacturing Plant and a value-adding metal casting facility. Businesses which the company is currently authorised to carry on are the construction and operation of facilities for processing of alumina into aluminium. VALCO produces aluminium of world-class quality by electrolytic reduction of alumina (derived from bauxite) to meet the entire Ghanaian (local) demand and for export. VALCO is set up to convert the aluminium it produces into value-added products like billets (for the manufacture of aluminium doors and window frames), rolling ingots (for the manufacture of aeroplane parts, beverage cans) and foundry ingots and sows (for the manufacture of electrical wires, roofing sheets, cooking utensils et cetera).

VALCO has a nine member Board of Directors. The Management Team of the Company is an all-Ghanaian team led by the Chief Executive Officer, four Deputy Chief Executive Officers in charge of Operations/Engineering, Integrated Aluminium Projects, Commercial and Human Resource/Administration/Legal Services. In addition there are six Directors in charge of the following Departments: Carbon Operations, Cell Lines, Cast House, Technical, Docks, Engineering and Maintenance and Medical. (Appendix A for The Corporate Organization chart).

VALCO has experienced four total...