Demand for low-carbon aluminium excels supply, says EGA chief executive
The CEO of Emirates Global Aluminum (EGA), Abdulnasser Bin Kalban stated that the demand for aluminium products have started to upsurge by the end of 2020, whereas, low-carbon aluminium is encountering a shortfall in supply.
During Global Manufacturing and Industrialisation Summit (GMIS) in Dubai, Abdulnasser Bin Kalban: “We work hard to meet their requirements and we try to expand more in different products.”
The leader in global aluminium production, as well as one of the largest companies in the UAE, EGA is developing a technology to boost their green power generation and to reduce CO2 by 10% in their products.
He also claimed: “Our technology is the best in the world in terms of efficiency and environmental emissions.”
EGA and DEWA have raised the UAE to become the first country in the world to produce aluminium using the power of the sun.
“Emirates Global Aluminium had lately issued an aluminium metal product using solar power, sold it to BMW and helped them reduce their CO2 emissions”, the CEO added.
LME aluminium price surges by 1.41% to close US$2,691/t; SHFE price descends to close at US$2,995/t
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