The US Department of Justice has urged a court to dismiss Oklahoma Attorney General Gentner Drummond’s lawsuit filed on the proposed USD 4 billion Oklahoma aluminium smelter, arguing that the project would strengthen national and economic security. The move comes as the joint venture of Emirates...
Aluminium prices settled 0.35 per cent higher at INR 345.6 (USD 3.64), backed by declining exchange inventories, expectations of additional fiscal measures in China and concerns over constrained supply from the Middle East. However, improving production prospects in the region limited further...
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The United Arab Emirates is merging its two flagship state aluminum firms to create the world's fifth largest aluminum company with an enterprise value of $15 billion. The merger will improve efficiency and help the emirate's aluminum industry better compete with rivals in the region. UAE has been...
Having supplied equipment to all of the big Gulf smelters except Emirates Aluminium (EMAL) Fives Group has approached the primary aluminium producer – and the head of the Khalifa Industrial Zone Abu Dhabi (Kizad) – with a view to supplying state-of-the-art equipment as part of a multi-Euro...
Emal CEO Saeed Fadhel Al Mazrooei is already looking beyond the Abu Dhabi smelter’s phase ll development in anticipation of major global growth in demand for aluminium. Emal’s phase ll development will come on stream in December 2013 and by Q2 2014 will boost the smelter’s annual capacity from...
The Gulf aluminium industry is poised to become a primary production powerhouse of the metal following a $55 billion investment in new smelters and existing projects to boost the output capacity. According to major industry players, the UAE remains on front with $22 billion investment in its...
The UAE has raised its export of manufactured goods in recent years, shipping more aluminium and polymers alongside goods such as gold and minerals. Polymers used to make packaging, car parts and piping; unwrought aluminium; and copper wires all featured in the 10 most valuable commodities exported...
Emirates Aluminium (Emal), the joint venture between Mubadala and Dubal, announced today the successful financial completion of its $5.7 billion Phase I project. Financial completion represents another important milestone for Emal with all Phase I project completion criteria met, said a statement....
Hertwich Engineering of Austria has commissioned two integrated homogenizing and sawing lines at Emirates Aluminium in Al Taweelah, Abu Dhabi where the world’s largest aluminum smelter is currently being built. Installed in total were two ultrasonic testing stations, two continuous homogenizing...
Emirates Aluminium (Emal), the first company to set up in Abu Dhabi's new industrial zone in Taweelah, aims to double its sales in the UAE as the zone attracts more downstream industry. Emal, a joint venture between Mubadala Development and Dubai Aluminum (Dubal), currently sells close to 100,000...
Emirates Aluminium (Emal) is in talks with two other metal processors interested in building facilities alongside its US$10.2 billion (Dh37.46bn) plant in Abu Dhabi. It comes as the aluminium project increases production to almost 800,000 tonnes in its first phase and prepares to add 1,000 jobs...
Keynote presentation looking at "the key strategic threats for aluminium producers" with Saeed Fadhel Al Mazrooei, President and CEO, EMAL, Jacynthe Côté, CEO, Rio Tinto Alcan, Abdulla J.M. Kalban, President and CEO, DUBAL, Phil Martens, President and CEO, Novelis Inc, Chris Ayers, EVP and...
Dubai Aluminium's announcement of record growth in 2011 marks a positive step towards the diversification of the emirate's economy and the creation of jobs, analysts said yesterday. They told Gulf News that Dubal's record 65 per cent leap in profits, clocking in at Dh3.51 billion in 2011 — as well...
Dubai Aluminum Company headed in UAE posted YoY higher sales and profits in 2011 annual financial accounts. The sales increased by 15% to AED 9.9 billion while the operating profit to sales rate upped by one percentage point to 26%. Primary aluminum production was 1.015 million tonnes which...
Dubai Aluminum (Dubal) will keep its eye on potential acquisitions but is not planning to raise capital from the market in 2012, a top company executive said yesterday. Abdullah Kalban, president and chief executive of Dubal, told Gulf News that the company was upbeat about its prospects for next...
Emirates Aluminium, or Emal, one of the largest aluminium companies, has set up a plant in this industrial zone. Also, it wants to offer at least 30% of its production in liquid metal to downstream units, thus saving them additional costs involved in first purchasing billets, re-melting them and...
A new smelter constructed in Abu Dhabi two years ago boosted the UAE’s aluminium output to 1.8 million tonnes in 2011 to allow it to pump more than four per cent of the world’s total production of the metal. Official figures showed Dubal smelter in Dubai reached a capacity of around 1.02 million...
Outotec has secured two contracts to deliver technology to the second phase of Emirates Aluminium’s smelter. The €100M order will see Outotec deliver technology, engineering, supply and installation of a green anode plant with one anode production line, along with a crushing plant for recycled...
Emirates Aluminium, plans to spend $4.5 billion to nearly double its potential output of the widely used metal in the industry. The Abu Dhabi-based firm's board of directors has approved the phase two expansion plan to increase annual capacity to 1.3 million metric tonnes by the end of 2014.
A government-run aluminum smelter in the United Arab Emirates plans to spend $4.5 billion to nearly double its potential output of the widely used metal. Emirates Aluminium said Sunday that its board approved the expansion plan to increase annual capacity to 1.3 million metric tons (1.4 million...
