Alba strengthens corporate leadership with new finance, legal and HR talent
Aluminium Bahrain B.S.C. (Alba) has appointed three executives across finance, legal and organisational development, strengthening its leadership capabilities as the company prepares for its next phase of growth. Aluminium Bahrain B.S.C. (Alba), the world's largest aluminium smelter on one site,...
Alba reinforces Bahrainisation with key managerial appointments
Aluminium Bahrain B.S.C. (Alba), the world's largest aluminium smelter on one site, is pleased to announce the recent promotions of S. Abbas S. Baqer to Manager Calciner & Marine and Ali Aseeri to Manager Engineering & Projects. Since joining Alba in 1989 as a Vocational Trainee, S. Abbas S. Baqer...
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Alba holds 2016 expectations review meeting for management
<p>Aluminium Bahrain B.S.C. (Alba), the Bahrain-based international aluminium smelter, in line with its commitment to achieve the 2016 Expectations, held a one-day ‘2016 Expectations Review’ meeting with the Management on November 08, 2016 at the Alba Club, Riffa. </p> <p><img...
Alba net income for Q3 2016 up 65%YoY
<p>Aluminium Bahrain B.S.C (Alba) presents its financial results for Q3 2016 on Sunday November 13, 2016.<br /><br /><strong>Q3 2016 Alba Highlights:</strong><br /><br />• Alba boosted its sales volume by 3.1% YoY and production by 2.4% YoY<br />• Alba value-added sales volume was an...
Alba kick-starts upgrade project for Reduction Lines 4 & 5
<p>Aluminium Bahrain B.S.C. (Alba), the Bahrain-based international aluminium smelter, as part of its commitment to be cost-and-energy efficient, kick-started an upgrade Project aimed to increase the amperage of Reduction Lines 4 & 5 in September 2016.<br /><br />The Project - new pot lining...
Alba wins big at the 8th ME Investor Relations Society Awards
<p>Aluminium Bahrain B.S.C (Alba), the Bahrain-based international aluminium producer, received top honours for its relations with the Investors’ Community when it won two major awards -- Leading Corporate for Investor Relations in Bahrain and Best Investor Relations Professional in Bahrain...
Alba successfully closes $1.5 billion syndicated loan
<p>Aluminium Bahrain B.S.C. (Alba), home-base of the Line 6 Expansion Project, is pleased to announce the successful closing for its landmark syndicated term-loan facility, the first tranche of the Company’s funding plan for the Line 6 Project. <br /><br />Alba’s original target for the...
Alba Sales & Production volume surge in Q3 2016
<p>Aluminium Bahrain B.S.C. (Alba), the Bahrain-based international aluminium smelter, managed to increase its overall sales and production throughput for the third quarter of 2016despite the low trend in all-in-prices. Sales volumetopped <strong>246,293 metric tonnes(mt)</strong>in Q3...
Alba participates in the 7th GAC Aluminium Market Update
<p>Aluminium Bahrain B.S.C (Alba), a pioneering smelter in the Middle East and one of the world’s leading aluminium smelters, participated in the high-level meeting ‘7th GAC Aluminium Market Update’, which was held today, October 04, 2016 at Sofitel Dubai Downtown Hotel, UAE.<br...
Alba participates in the 31st International Aluminium Conference
<p>Aluminium Bahrain B.S.C (Alba), the Bahrain-based international aluminium producer, was a key participant and sponsor of the 31st International Aluminium Conference, which was held from September 27 to 29, 2016 in Madrid, Spain.</p> <p>The 31st International Aluminium Conference is well-known as...
Alba pleased with the progress of Line 6 Expansion Project
<p>Aluminium Bahrain B.S.C. (Alba), the Bahrain-based international aluminium smelter, has been performing reasonably well in light of the market conditions, according to a statement issued by the Chairman of Alba’s Board of Directors, Shaikh Daij Bin Salman Bin Daij Al Khalifa.<br /><br...
Alba’s Line 6 Syndicated Loan draws huge demand
<p>Aluminium Bahrain B.S.C. (Alba), is pleased to announce commitments of US$ 1.5 billion for the commercial loan facility to finance the Company’s Line 6 expansion project.<br /><br />Alba had originally planned to raise between US$500 million - US$750 million but increased the commercial...
Alba wins RoSPA Gold Award 2016 for Safety & Health
<p>Aluminium Bahrain B.S.C. (Alba), the Bahrain-based international aluminium smelter’s reputation as an occupational safety and health performer was given an impetus as the Company won the Gold Award for the Occupational Health and Safety in the RoSPA Occupational Health and Safety Awards...
Alba awards Line 6 power distribution system to Siemens
<p>Aluminium Bahrain B.S.C. (Alba), home-base of the Line 6 Expansion Project, announced today, August 23, 2016 that it has awarded Siemens the Power Distribution System (PDS) contract for Power Station 5 (PS 5).<br /><br />Under the terms of this contract, Siemens will be responsible to design,...
Alba awards GE and GAMA consortium as power station 5 EPC contractor
<p>Aluminium Bahrain B.S.C. (Alba), home-base of the Line 6 Expansion Project, has awarded GE and GAMA Consortium the Engineering, Procurement and Construction (EPC) contractor for its Power Station (PS 5).<br /><br />Under the terms of the contract, GE and GAMA Consortium will be responsible to...
Aluminium Bahrain may increase $750 mln loan for expansion project - CEO
<p>Aluminium Bahrain (Alba) has received strong support from banks for a loan to part-finance its Line 6 expansion project and may increase the amount it borrows from an original $750 million target, its chief executive said on Tuesday.<br /><br />Alba will become the world's largest single...
Alba's Q2 net income declines 45.4%; Board proposes not to offer cash or share dividend
<p>Aluminium Bahrain (Alba), one of the largest aluminium smelters in the world, reported a 45.4 per cent decline in net profit in the second quarter of the current fiscal on Sunday. Alba's net income for the three months ended June 30 was BD 16.28 million ($43.2 million) compared to BD 29.8...
Alba bolsters business ties with local aluminium downstream companies
<p>Attuned to get closer to its local customers and service providers, Aluminium Bahrain B.S.C. (Alba), a world’s leading aluminium smelter, had an official delegation visiting TAHA International Corporation, Bahrain Recycling Plant (BRP) and Crown Industries on Sunday, July 17, 2016.<br...
Alba holds a tailored-made workshop on teamwork and alignment
Aluminium Bahrain B.S.C. (Alba), the leading Bahrain-based Aluminium producer, continued its commitment towards the development of its employees by holding a tailored-made training workshop on “Teamwork and Alignment – Getting ready for Line 6” for its Middle Management team on Thursday July 14,...
Alba reports higher sales in Q2 2016 despite sluggish aluminium market
Aluminium Bahrain B.S.C. (Alba) reports higher metal sales in the second quarter 2016 despite the sluggish aluminium market. The total metal sales in the second quarter of 2016 are 239,739 metric tonnes (mt) compared to 232,193 mt in Q2 2015, an increase of 3.2 per cent Year-over-Year. Total...
