NewsAlbaPage 32

Grow with
AL Circle

KNOW MORE
Alba appoints financial advisors for Line 6 Expansion Project
16 JUN 20153MINS

Alba appoints financial advisors for Line 6 Expansion Project

Aluminium Bahrain B.S.C. (Alba), one of the leading aluminium smelters in the world, announced the appointment of financial advisors for its Line 6 Expansion Project - J.P. Morgan, Gulf International Bank (GIB) and National Bank of Bahrain (NBB) - at a signing ceremony held on Monday June 15, 2015....

Alba approves Line 6 Expansion Project which will make it the world's largest single site smelter
11 JUN 20153MINS

Alba approves Line 6 Expansion Project which will make it the world's largest single site smelter

Aluminium Bahrain B.S.C. (Alba) announces approval for the Line 6 Expansion Project which would make the Company the largest single site smelter upon project completion. The Line 6 Expansion Project, expected to begin production in early 2019, will boost the per-annum production by 514,000 metric...

Alba welcomes Ambassadors of US and Tunisian Republic
08 JUN 20151MINS

Alba welcomes Ambassadors of US and Tunisian Republic

Aluminium Bahrain B.S.C. (Alba), one of the world’s leading aluminium smelters, today, June 07, 2015 received H.E. Mr. William V. Roebuck, Ambassador of the United States to the Kingdom of Bahrain and H.E. Mr. Mohammed bin Yousuf Ambassador of the Tunisian Republic to the Kingdom of Bahrain in two...

Alba opens new regional sales office in United States
05 JUN 20152MINS

Alba opens new regional sales office in United States

Aluminium Bahrain B.S.C. (Alba), one of the largest aluminium smelters in the world, announced today the opening of a new regional sales office in Atlanta as the most recent expansion of Alba in United States. Zac Jungers, recently appointed as the new Sales Manager for Alba Americas, will oversee...

Alba participates in 8th Harbor's Aluminium Outlook Summit
05 JUN 20152MINS

Alba participates in 8th Harbor's Aluminium Outlook Summit

Aluminium Bahrain B.S.C. (Alba), one of the world's leading aluminium smelters, was a key sponsor and participant in the 8th Harbor's Aluminium Summit, taking place from June 2 to 4, 2015 in Chicago, Illinois, USA. Harbor Aluminium Summit, considered as one of the largest aluminium market...

Alba receives Kazakhstan Ambassador to Saudi Arabia
04 JUN 20151MINS

Alba receives Kazakhstan Ambassador to Saudi Arabia

Alba, one of the world's leading aluminium smelters, yesterday received Kazakhstan Ambassador to Saudi Arabia Bakyt Batyrshayev. Mr Batyrshayev was welcomed by chief operations officer Isa Al Ansari, chief financial officer Ali Al Baqali and other Alba officials. The main purpose of the visit was...

Alba Management and Alba Labour Union reach an agreement on the allowance
28 MAY 20151MINS

Alba Management and Alba Labour Union reach an agreement on the allowance

Aluminium Bahrain B.S.C . ( Alba ) Management and Alba Labour Union announced that they reached an agreement on the BD 20 allowance, which will be submitted to the Alba Board for approval on June 10, 2015. As part of the agreement, it was decided that the BD 20 allowance will be granted for year...

ALBA SE, Germany, reports significant earnings growth for Q1 2015
20 MAY 20151MINS

ALBA SE, Germany, reports significant earnings growth for Q1 2015

Recycling, trading and waste management company ALBA SE, Cologne, Germany, has reports first quarter earnings before taxes (EBT) of €8.7 million (US$7.651 million), a level more than four times higher than the €2.1 million (US$1.846 million) of earnings before tax the company reported the same time...

Alba participates in CRU’s 20th World Aluminium
14 MAY 20152MINS

Alba participates in CRU’s 20th World Aluminium

Aluminium Bahrain B.S.C. (Alba), one of the world’s leading aluminium smelters, was a key sponsor and participant in CRU’s 20th World Aluminium Conference, which took place from May 11 to 13, 2015 at Dubai. Alba’s participation in this event demonstrated its support for global initiatives that help...

Aluminium Bahrain CEO optimistic about $2.5bn expansion approval in 2015
13 MAY 20151MINS

Aluminium Bahrain CEO optimistic about $2.5bn expansion approval in 2015

The chief executive of Aluminium Bahrain (Alba), owner of one of the world’s largest aluminium smelters, said on Tuesday he was optimistic the company would receive the needed approvals for its $2.5 billion Line 6 expansion project this year. “I am optimistic that we will get approvals in 2015,”...

Alba's Q1 Net Income more than doubles to reach $US 99 million
08 MAY 20152MINS

Alba's Q1 Net Income more than doubles to reach $US 99 million

Q1 2015 Alba Highlights: • Continued improvement in safety performance • Alba metal sales at 228,307 metric tonnes versus 226,472 mt in Q1 2014 • Production up by 2.4% to reach 237,774 mt versus 232,298 mt for the same period in 2014 driven by strong operational performance • Increase in physical...

Alba celebrates winning two major awards by British Safety Council
04 MAY 20152MINS

Alba celebrates winning two major awards by British Safety Council

Aluminium Bahrain B.S.C. (Alba), a leading aluminium producer in the world, received international recognition for its strong safety culture when it was honoured with two major safety awards by the British Safety Council on April 24, 2015 at Grosvenor House, London. Alba was awarded with the...

Alba honoured with the 2015 Green Era Award
22 APR 20151MINS

Alba honoured with the 2015 Green Era Award

Aluminium Bahrain B.S.C. (Alba), one of the leading aluminium smelters in the world, was recognised for its outstanding environmental achievements and sustainable practices when it was declared a winner of the “The Green Era Award” for 2015. The Green Era Award is granted by the French “Otherways...

Alba is set to grow with line 6 expansion project
14 APR 20151MINS

Alba is set to grow with line 6 expansion project

Aluminium Bahrain B.S.C. (Alba) held recently a Management meeting review to give an update on the status of Line 6 expansion project. Alba has been actively focused on the expansion project lately. The construction phase is due to take place upon obtaining Board, Shareholders as well as other...

Aluminium Bahrain set to appoint adviser for expansion plan says Alba CFO
10 APR 20152MINS

Aluminium Bahrain set to appoint adviser for expansion plan says Alba CFO

Aluminium Bahrain (Alba) is close to selecting the financial adviser for its $2.5 billion Line 6 expansion project, having whittled down its choice to two banks, its chief financial officer told Reuters. The scheme will make Alba the largest single-site aluminium smelter in the world by boosting...

Alba CEO Tim Murray named among top 100 CEOs in the GCC
09 APR 20152MINS

Alba CEO Tim Murray named among top 100 CEOs in the GCC

Aluminium Bahrain B.S.C. (Alba), one of the leading aluminium smelters in the world, today announced that its Chief Executive Officer (CEO), Tim Murray, was named as one of the top 100 CEOs in the Gulf Cooperation Council (GCC) at the Top CEO Awards held recently in Dubai, United Arab Emirates....

Alba focuses on Change Management
07 APR 20151MINS

Alba focuses on Change Management

Aluminium Bahrain B.S.C. (Alba), a leading aluminium smelter in the world, held a strategic offsite meeting titled ‘Preparing for Change Management’ for all executive management on Tuesday, March 31, 2015 at Alba Club with the aim to strengthen the company's competitive edge. This meeting was part...

Alba production surge by 2.4% in Q1 2015
06 APR 20151MINS

Alba production surge by 2.4% in Q1 2015

Despite the downward-trend in aluminium LME prices, Aluminium Bahrain B.S.C (Alba) was able to increase its overall sales and throughput. For the first quarter of 2015, sales figures reached 228,307 metric tonnes (mt), an increase of 1,835 (mt), versus 226,472 mt in Q1 2014 while production jumped...