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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Aluminium Bahrain second quarter profit dropped due to lower prices
Aluminium Bahrain (Alba) said its second quarter net profit dropped by almost half to 35.6 million Bahraini dinars ($95 million) on lower metal prices and higher gas costs. Aluminium prices on the London Metal Exchange dipped close to $600 a tonne when compared with the same period last year,...
Aluminium Bahrain Casthouse achieves ISO 9001:2008 certification
The casthouse and its associated departments of Aluminium Bahrain (Alba) have been re-certified to the ISO 9001:2008 standard by the Bahrain-based Bureau Veritas certifying body. The company's latest certification remains in place until 2015 and embraces procurement and warehousing, casthouse...
Alba set for ARABAL 2012
Alba will be one of the leading sponsors of the Arab International Aluminium Conference (ARABAL 2012), which will be held in Doha from November 20 to 22. Alba will also be taking an exhibition stand to the event, which is being organised by Qatalum, the equal joint venture between Qatar Petroleum...
Bahrain's Alba hires BNP Paribas for financial advice on expansion plan
Aluminium Bahrain BSC , which owns the world's fourth-largest aluminium smelter, said on Monday it hired BNP Paribas to advise on financing options for a proposed $2.5 billion expansion plan to add a sixth production line. Alba has said the new line - which will add 400,000 tonnes annual capacity...
Alba boosts sustainability savings target with Sigma Wave
Trade Arabia reported that Aluminium Bahrain focus on achieving sustainable annual savings of USD 250 million by year end has gained momentum with the recent launch of Lean Six Sigma Wave 7 initiative. The news initaitive introduced as part of Alba SmartWay is aimed at bringing about quality...
Alba employees receive Green Belt certification
Aluminium Bahrain (ALBA) recently announced it first batch of 12 employees certified under the Six Sigma Green Belt Certification programme run by business process improvement specialist Rath & Strong. The company introduced the scheme as part of its phase one AlbaSmartWay initiative, which was...
Alcoa Inc. offers Alba $45 million to settle a federal lawsuit
Alcoa Inc. has offered a Bahrain-controlled company at least $45 million to settle a federal lawsuit that alleges Alcoa-related firms paid millions in bribes that resulted in the other company overpaying for raw materials. Attorneys for Aluminum Bahrain BSC, also known as Alba, did not immediately...
Aluminum Bahrain's sales slightly up in first quarter of 2012
Aluminum Bahrain (Alba) said that its global sales were hit as weaker European economy trimmed demand in the first quarter of 2012, Reuters reported. Alba said output grew by 1.7 percent to 443,533 tons during the first quarter from 436,256 tons a year earlier. The company added that sales were...
Alba sales flat due to European economic crisis
Aluminium Bahrain's output edged up 1.7 percent in the first half of 2012 but sales were almost flat as weak economic growth in Europe dampened demand in the first quarter, Alba said on Sunday. Production at one of the world's largest aluminium smelters was 443,533 tonnes in the first half of the...
Emal and Alba to boost output
Emirates Aluminium (EMAL) and Aluminium Bahrain (ALBA) are both planning on boosting output, according to Bloomberg. EMAL is looking towards the end of 2012 to finalise financing arrangements for a $4.5Bn expansion programme, including the construction of what it claims will be the world’s biggest...
Alba sells 15 per cent of output in Europe
Aluminium Bahrain (Alba) ranked as one of the largest Aluminium smelters in the world, now sells 15 per cent of its output in Europe, said chief executive Laurent Schmitt. He announced this during a visit to Zurich on the first anniversary of the company's sales office there. 'Alba had long...
Alba launches new safety initiative for employees
Aluminium Bahrain (Alba), ranked as one of the largest aluminium smelters in the world, has introduced a new safety initiative for contractors as part of its commitment to inculcate safety culture amongst its employees. The new Contractors Safety Management (CSM) is part of the AlbaSafeWay...
Second Price Monitoring for Aluminium Bahrain got extended
A second and final Price Monitoring Extension has been activated in this security. The closing auction call period is extended in this security for a further 5 minutes. Following the first price monitoring extension this security would still have executed more than a pre-determined percentage above...
Alba appoints new board memberfor Sabic
Aluminium Bahrain (Alba) has announced the appointment of Dr Talaat Dafer Abdulla Aldafer Alqahtani - representing Sabic Industrial Investments Company (Sabic) - to its board of directors. Dr Alqahtani's appointment comes following the resignation of Homood Abdulla Al Tuwaijri (who represented...
Alba Honours Long-Serving Employees
Aluminium Bahrain (Alba) praised the contribution of its work force in raising the company’s profile and in playing a key role in strengthening its reputation as one of the world’s leading aluminium smelters. The statement was made at the conclusion of a series of ceremonies held at the Alba Club...
U.S. prosecutors agree to pretrial gathering of evidence in Alcoa bribery lawsuit
U.S. prosecutors dropped objections to the pretrial gathering of evidence in a lawsuit by Bahrain’s state-owned aluminum producer, which claims it overpaid for raw materials because of bribes directed by Alcoa Inc. (AA) Aluminium Bahrain BSC, known as Alba, claims that New York- based Alcoa bribed...
Shareholder's lawsuit over Alba alumina scandal "lacks merit": Alcoa
Alcoa Inc. says a South Carolina shareholder's lawsuit claiming the company didn't properly investigate allegations of a multibillion dollar bribery scheme "lacks merit." A Middle Eastern firm, Aluminum Bahrain BSC, contends companies affiliated with Alcoa Inc. paid $9.5 million in bribes plus...
Shareholder sues Alcoa over bribery lawsuit
Alcoa is tangled in another legal hassle when a South Carolina woman claims in lawsuit filed Tuesday in federal court in Pittsburgh that 14 current or former Alcoa Inc. board members ignored her request that the company investigate and take action to limit the company’s liability in an...
