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Second phase of Emal smelter to be complete by 2014
Edited by : AL CIRCLE
2 min read
Abu Dhabi-based Emirates Aluminium Co, or Emal, expects the Dh16.52 billion second phase of its smelter to be complete by the first quarter of 2014 when it will raise production up to the capacity levels of 1.3 million tonnes, a senior executive of the company told Zawya Dow Jones.
“The demand on our product is high, but we won’t increase our production next year since we’ve reached our maximum production capacity two months ago,” Saeed Al Mazroui, Emal’s chief executive officer, said.
The smelter reached its production capacity of 800,000 tonnes in October, he said.
“When phase two is completed by end of first quarter 2014, we’ll be able to increase our production to about 1.3 million tons,” Al Mazroui said.
Last year, Emal secured approval from its board for the $4.5 billion expansion that will almost double the aluminium smelter’s annual capacity to 1.3 million metric tonnes by 2014.
Emal, a joint venture between Abu Dhabi’s Mubadala and Dubai Aluminium, is currently supplying over 200 customers globally, and has “no problems in fulfilling its obligations towards the market in 2013,” Al Mazroui said.
The smelter has produced 1.5 million metric tonnes of the metal since it started operations in December 2009.
Emal officials said Wednesday’s opening of Abu Dhabi’s new deep-water Khalifa Port will facilitate shipments to their global customers.
“The demand on our product is high, but we won’t increase our production next year since we’ve reached our maximum production capacity two months ago,” Saeed Al Mazroui, Emal’s chief executive officer, said.
The smelter reached its production capacity of 800,000 tonnes in October, he said.
“When phase two is completed by end of first quarter 2014, we’ll be able to increase our production to about 1.3 million tons,” Al Mazroui said.
Last year, Emal secured approval from its board for the $4.5 billion expansion that will almost double the aluminium smelter’s annual capacity to 1.3 million metric tonnes by 2014.
Emal, a joint venture between Abu Dhabi’s Mubadala and Dubai Aluminium, is currently supplying over 200 customers globally, and has “no problems in fulfilling its obligations towards the market in 2013,” Al Mazroui said.
The smelter has produced 1.5 million metric tonnes of the metal since it started operations in December 2009.
Emal officials said Wednesday’s opening of Abu Dhabi’s new deep-water Khalifa Port will facilitate shipments to their global customers.
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