Grow with
AL Circle

KNOW MORE
EGA’s net income surges 59% in 2017; achieves record aluminium production
27 FEB 20182MINS

EGA’s net income surges 59% in 2017; achieves record aluminium production

Emirates Global Aluminium reported net income of AED 3.3 billion in 2017 on stronger aluminium prices and record production levels. The company’s revenue increased to AED 20.5 billion in 2017 compared to AED 17.1 billion in 2016. Adjusted EBITDA stood at AED 6.7 billion, up 31% from AED 5.1 billion...

EGA reduces PFCs emission to record level in 2017 by successfully controlling Anode Effects
26 FEB 20183MINS

EGA reduces PFCs emission to record level in 2017 by successfully controlling Anode Effects

Emirates Global Aluminium, the largest industrial company in the United Arab Emirates outside oil and gas, today announced that its emissions of perfluorocarbons were a record low for the company in 2017, and that EGA has signed an agreement with the University of New South Wales to research...

Emirates Environmental Group collects 4,000 kg of aluminium cans for recycling
25 FEB 20182MINS

Emirates Environmental Group collects 4,000 kg of aluminium cans for recycling

Emirates Environmental Group (EEG) which has been playing a significant role in creating environmental and sustainability awareness among local citizens and groups has collected 4,000kg of aluminium cans for recycling. The organisation has set a target of 28,000kg of can collection for 2018....

AMA delivers first potshell for Alba’s Line 6 Expansion project
20 FEB 20181MINS

AMA delivers first potshell for Alba’s Line 6 Expansion project

AMA's Structural & Mechanical Division (AMA-SMD) has supplied potshell for Alba’s line-6 aluminium smelter project. The group has delivered the first potshell for expansion project on February 12. Image Source: Trade Arabia AMA Group was awarded the contract to manufacture 427 pot shells (each...

Alba announces the appointment of Acting Chief Operations Officer
20 FEB 20182MINS

Alba announces the appointment of Acting Chief Operations Officer

Aluminium Bahrain B.S.C (Alba) announced the appointment of Dr. Abdulla Habib Ahmed as the Acting Chief Operations Officer (COO) with immediate effect, following the meeting of the Company’s Board of Directors on Thursday February 08, 2018. Dr. Abdulla joined Alba in 1995 as a Trainee Engineer....

KIZAD signs agreement with Shaheen Chem for AED 4 billion chemical complex
12 FEB 20182MINS

KIZAD signs agreement with Shaheen Chem for AED 4 billion chemical complex

Khalifa Industrial Zone of Abu Dhabi (KIZAD) signed a land lease agreement with Shaheen Chem Investment LLC for the development of a two-phase chemical complex in the industrial zone with an expected investment of AED 4 billion. The first phase of the plant will produce 130,000 tonnes per year of...

Alba’s 2017 net income jumps by 91%YoY driven by higher LME price and improved performance
09 FEB 20182MINS

Alba’s 2017 net income jumps by 91%YoY driven by higher LME price and improved performance

Aluminium Bahrain B.S.C. (Alba) released its operating and financial results for the full-year and fourth quarter of 2017 during a meeting of the Company’s Board of Directors on Thursday February 08. Alba closed 2017 with a strong financial performance reflecting its resilience in achieving quick...

Middle East alumina import estimated to rise 1.4% annually in 2018
08 FEB 20182MINS

Middle East alumina import estimated to rise 1.4% annually in 2018

An optimistic forecast of import based on global trade data suggests that Middle East will import 1.4 per cent more alumina in 2018 than last year. The key Middle East countries which have been taken into consideration are- the United Arab Emirates, Bahrain, Saudi Arabia, Oman, Qatar, Egypt and...

First Sealed Cathode Achieved for Alba’s Line 6 Smelter
05 FEB 20181MINS

First Sealed Cathode Achieved for Alba’s Line 6 Smelter

Aluminium Bahrain B.S.C. (Alba), the Bahrain-based international aluminium smelter, announced that its Line 6 Smelter, of the iconic Expansion Project, achieved a significant milestone - the First Cathode Sealing Operation - on Wednesday January 31, 2018. The first cathode is an integral part of...

Sohar Aluminium resumes full production in record time – outstanding success for its employees
05 FEB 20181MINS

Sohar Aluminium resumes full production in record time – outstanding success for its employees

Sohar Aluminium successfully resumed full operations in record time after an unexpected disruption in its normal operations, which led to the complete shutdown of its Potline on August 4th, 2017. The entire plant was involved in the recovery efforts to ensure the fastest return to full production,...

Higher sales and commodity price boost Ma’aden’s net profit in 2017
02 FEB 20182MINS

Higher sales and commodity price boost Ma’aden’s net profit in 2017

The Saudi Arabian Mining Company (Ma’aden) published its consolidated financial and operating results for the year ending December 31, 2017. The company reported a strong profit growth driven by increased production and sales, improved commodity prices and tight cost control. Ma’aden produced 916k...

Israeli Firm Delek Group Pondering Plan to Build 1 MTPA Aluminium Smelter
02 FEB 20182MINS

Israeli Firm Delek Group Pondering Plan to Build 1 MTPA Aluminium Smelter

Israeli conglomerate Delek Group is weighing the prospect of building an aluminium smelting operation powered by natural gas. According to domestic media, the company is closing a feasibility study on a project that is expected to require a capital investment of roughly US$1.2 billion. Local...

Good Sense Factory for aluminium panels launches with investments worth EGP 200m
25 JAN 20183MINS

Good Sense Factory for aluminium panels launches with investments worth EGP 200m

Ahmed Abdelrazek, chairperson of the Industrial Development Authority (IDA), has laid the foundation stone of a factory of Egyptian company Good Sense Egypt for aluminium panels, with Egyptian and Saudi investments in Ataqa, Suez worth nearly EGP 200m. Abdelrazek said that the new factory is very...

Ducab Aluminium Company officially inaugurated at Khalifa Industrial Zone of Abu Dhabi (KIZAD)
25 JAN 20183MINS

Ducab Aluminium Company officially inaugurated at Khalifa Industrial Zone of Abu Dhabi (KIZAD)

The Ducab Aluminium Company (DAC), a joint venture between Ducab and Senaat has been inaugurated today at Khalifa Industrial Zone of Abu Dhabi (KIZAD) by HH Sheikh Hamed bin Zayed Al Nahyan, chairman of the Abu Dhabi Crown Prince’s Court. The company makes aluminium rods and overhead conductors....

Alba Launches Project Titan - Phase III
24 JAN 20181MINS

Alba Launches Project Titan - Phase III

Aluminium Bahrain B.S.C. (Alba), the home-base for Line 6 Expansion Project, announced the launch of Phase III of its company-wide, cost reduction programme Project Titan with the aim to reduce cash-cost by US$ 60 per metric tonne of aluminium and step-up its production capacity to 1,000,000 metric...

Saudi Arabia’s aluminium foil import estimated to drop in 2018
24 JAN 20182MINS

Saudi Arabia’s aluminium foil import estimated to drop in 2018

Saudi Arabia, one of the fastest growing economies of the Gulf region, is on the verge of entering a post-oil era. The economic drivers in this phase are going to be aluminium, building and construction, and port industry. With stellar urbanization, consumer durables sectors like aluminium foil...

Nigeria signs purchase agreement with Russia for ALSCON
23 JAN 20181MINS

Nigeria signs purchase agreement with Russia for ALSCON

Nigeria signed Renewed Share Purchase Agreement with UC Rusal for the takeover of the Aluminium Smelter Company of Nigeria (ALSCON). The agreement was signed by the two parties in Abuja on Friday, January 19. The Minister of Mines and Steel Development, Dr Kayode Fayemi, said that the Federal...

Estimated aluminium wire import by South Africa to witness a drop in 2018
17 JAN 20181MINS

Estimated aluminium wire import by South Africa to witness a drop in 2018

South Africa, the 33rd largest importer in the world, is estimated to import less aluminium wire this year. The top aluminium wire exporter to South Africa is Mozambique. Mozambique exported an estimated 26210 tonnes of aluminium wire in 2017. The country imports major chunk of this product from...