Calculate Embedded Emissions for Unwrought Aluminium (HS7601)

Enter your input

Payable emissions (tCO₂e/t)

Total CBAM Cost (€)

Notes:
There may be a difference when calculating the price with respect to import volume, carbon price, and benchmark emissions, as the embedded formula may result in minor variations due to decimal rounding. Therefore, the actual value may vary.

CBAM is applicable to trade volumes starting from 50 metric tonnes. For trade volumes below 50 metric tonnes, CBAM does not apply.

Usage Procedure – How to use the CBAM Calculator Sheet

Enter or update values only in the INPUT
PARAMETERS section (Highlighted in blue) , including
the carbon price, benchmark emissions, CBAM
chargeable percentage (as per the phase-in year),
and imported quantity.

The system will automatically calculate the payable
emissions and the total CBAM cost (€) based on the
inputs provided.

Notes:
• Change any input value to automatically update CBAM cost.
• Formula used: Carbon price × payable emissions × quantity.
• Model aligned with CBAM supplier-side illustrative methodology.

15 JANUARY 2014 AL CIRCLE

Public Investment Bank – The new advisor to Press Metal’s shareholders

2MINS READ

Press Metal Bhd has named Public Investment Bank Bhd as independent adviser to non-interested directors and shareholders on a proposed exemption sought by its major shareholder Alpha Milestone Sdn Bhd (AMSB) and persons acting-in-concert (PACs) from the Securities Commission (SC) to overtake the remaining company shares and convertible securities not owned by them after the conversion of more than RM233.9mil nominal value of eight-year 6% redeemable convertible secured loan stocks.

The Koon brothers are directors and substantial shareholders of Press Metal as well as AMSB. In a filing with Bursa Malaysia, (Maybank IB) said the appointment of Public Investment Bank is conditioned by the approval of the Maybank Investment Bank Bhd and SC. Maybank IB is Press Metal adviser on the proposed exemption.

AMSB and its PACs together have 42.87% equity interest in Press Metal, the owner of aluminium smelting plants in Mukah and Bintulu. On Jan 6, Press Metal said in an announcement AMSB and Ong intended to convert the nominal value of RCSLS into about 106.3 million shares of Press Metal.

The conversion would result in a mandatory general offer for the remaining Press Metal shares and convertible securities which are not owned by AMSB and its PACs under the Malaysian Code on Take-Overs and Mergers 2010.

Maybank IB said as AMSB and its PACs had no intention of undertaking the mandatory general offer, they were seeking an exemption from the mandatory offer obligation under the provisions of the Code.

“The proposed exemption will allow AMSB and Ong Soo Fan to convert all their 2011/2019 RCSLS, resulting in an increase in the enlarged share capital of the company, thus reducing the gearing levels of Press Metal group and improve Malaysian Rating Corporation Bhd (MARC)’s rating of the 2011/2019 RCSLS,” said the investment bank.

MARC had recently downgraded its rating of Press Metal Bhd due to the slow business and financial position of Press Metal along with the subsidiaries, resulting partly from the continually falling aluminium price and result of debt-financed expansion in relation to the construction and development of the aluminium smelting plant in Samalaju Industrial Park, Bintulu.

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