GARMCO to start $ 55 million recycling and cast house facility

<p>Gulf Aluminium Rolling Mill (GARMCO), one of the largest downstream aluminium facilities in the Middle East for rolling, cutting and fabricating aluminium, plans to set up a new recycling and cast house facility worth $ 55 million.</p> <p>Mahmood Alkooheji, Bahrain Mumtalakat Holding Company (Mumtalakat) CEO, made the announcement recently when he visited the facility along with GARMCO&rsquo;s Chairman, Acting CEO and board members.</p> <p><img style="vertical-align: middle; display: block; margin-left: auto; margin-right: auto;" src="http://www.alcircle.com/uploads/images/90876547890.jpg" alt="news" width="448" height="274" /></p> <p>A re-melt operation would develop GARMCO&rsquo;s metal recycling capability resulting in an increase in production by 150% to 200,000 tonnes of aluminium slabs per year.&nbsp;</p> <p>GARMCO&rsquo;s Acting CEO Mohammed Essa said that the new facility is on track and hopes to receive the first cast in July so that the plant&rsquo;s operational capacity would touch highest by November 2017.</p> <p>Mohammed Essa said, "We see this as a major step forward in the next stage of GARMCO&rsquo;s development and the progression of the aluminium industry in Bahrain. It will contribute not only to GARMCO but to the development of recycling programmes in the region.&rdquo;</p> <p>{googleAdsense}</p> <p>Alkooheji said, "We are pleased with the progress of this project which will further develop the Kingdom&rsquo;s downstream aluminium industry. The manufacturing sector accounts for 20% of Bahrain&rsquo;s GDP and such projects will boost the Kingdom&rsquo;s exports.&rdquo;</p> <p>&ldquo;We aim to leverage our sector expertise and extensive regional and international networks to help GARMCO meet its growth objectives."<strong><br /> </strong></p>