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Alcoa says plane, car business to be named ‘Arconic’ after split

Metals company Alcoa said on Tuesday it has decided that its valued-added business will carry the name Arconic after the firm splits in two later this year.

The New York-based company said last September it would break itself in two in the second half of 2016, separating a faster-growing plane and car parts business from its traditional aluminium smelting operations that will continue to bear the name Alcoa.