Kaiser Aluminum & Chemical Corp. announced the...

Kaiser Aluminum & Chemical Corp. announced the signing of a letter of intent to sell its foil rolling operations at Permanente, Calif., and its foil laminating plant at Belpre, Ohio, to affiliates of TXL Corp. The sale is subject to a number of conditions including the negotiation and execution of definitive agreements. TXL Corp. is a private investment firm headquartered in San Francisco.