Generate a short summary: canadian aluminum giant alcan has set its sights on becoming the world 's number-one aluminum and packaging group by bidding to acquire french rival pechiney .
Answer: alcan sets its sights on becoming number-one aluminum group

Generate a short summary: iran on wednesday offered to mediate an end to the war in the break - away russian republic of chechnya , state radio said .
Answer: iran offers to mediate in chechnya war

Generate a short summary: taiwan 's state-owned chinese petroleum corp. will submit a bid for an oil exploration project in libya , a senior company official said tuesday .
Answer:

Show your work and conclude with the exact phrasing "Therefore, the final answer is [answer]." where [answer] is just the final number or expression that solves the problem.
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taiwan state oil company to bid for libya oil exploration project