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Alba’s Q2 2015 production surges by 3.1% YoY
07 JUL 20151MINS

Alba’s Q2 2015 production surges by 3.1% YoY

On the back of a strong operational performance, Aluminium Bahrain B.S.C (Alba) increased its production figures in the second quarter of 2015 by 3.1% Year- on-Year (YoY) to reach 238,904 metric tonnes (mt) (versus 231,713 mt in Q2 2014), while its sales figures touched 232,193 mt for the same...

Falls in LME Aluminum, Copper put pressure on Middle East scrap prices
03 JUL 20151MINS

Falls in LME Aluminum, Copper put pressure on Middle East scrap prices

Falls in LME aluminum and copper put pressure on Middle East scrap prices during the holy month of Ramadan which began on June 18 and generally brings a slower period for business. According to Bureau of International Recycling, activity levels are also lower in South Africa where raw material...

Bonch Aluminum contributes to economy and environment through aluminium recyling
02 JUL 20153MINS

Bonch Aluminum contributes to economy and environment through aluminium recyling

Ethiopia is striding in consistence economic growth by scoring a double digit for a decade. For this achievement, sectors such as agriculture, manufacturing and service played crucial role. The real state and housing development are developing in the capital city and other towns of Ethiopia. The...

Oman firm on track to double aluminium production
01 JUL 20153MINS

Oman firm on track to double aluminium production

Oman-based National Aluminium Products Company (Napco) said its expansion plan to double capacity is on track with equipment beginning to arrive in the sultanate ahead of schedule. The premier extruder of aluminium profiles in the GCC is planning to launch new products and services, in a bid to...

Napco CEO wins top Aiwa award
30 JUN 20152MINS

Napco CEO wins top Aiwa award

Oman-based National Aluminium Products Company (Napco), one of the leading extruders of aluminium profiles in the GCC, announced that its CEO has been recognised for an award from Alam al-Iktisaad Wal A’mal (Aiwa), the sultanate’s leading Arabic business magazine published by United Media Services....

Rusal opens office in Turkey
30 JUN 20152MINS

Rusal opens office in Turkey

Global aluminium producer RUSAL, headquartered in Moscow, has opened a new office in Istanbul, according to a press release issued by the company. The office will be led by Ihsan Kösoglu, who joins RUSAL from the Turkish aluminum producer Assan Alüminyum, and brings more than 19 years of experience...

Rusal spends $500,000 monthly to maintain ALSCON
29 JUN 20153MINS

Rusal spends $500,000 monthly to maintain ALSCON

The management of the Aluminium Smelter Company of Nigeria (ALSCON) says it spends $500,000 (about N10 million) monthly to maintain facilities and equipment at its factory located in Ikot Abasi local government area of Akwa Ibom State since it took over the plant in 2007. It adds that more than...

BIR updates on aluminium scrap price
26 JUN 20151MINS

BIR updates on aluminium scrap price

According to BIR Non-Ferrous World Mirror June 2015, aluminium scrap prices in Japan have dropped by 3-5% over the last month or so in response to a weaker LME. Scrap availability remains unchanged and local secondary smelters are continuing to seek more domestic raw material. Demand for basically...

Alba appoints two new managers to key departments
23 JUN 20152MINS

Alba appoints two new managers to key departments

Aluminium Bahrain B.S.C. (Alba), one of the leading employers in Bahrain, announced the appointment of S. Hussain S. Fadhel as the Manager of Reduction Lines 1-3 and Mustafa A. Rahman as the Manager for Carbon 3. Mustafa A. Rahman joined Alba in 2001 as a Laboratory Analyst and consequently worked...

K Line signed long-term agreement with Emirates Global Aluminium
23 JUN 20151MINS

K Line signed long-term agreement with Emirates Global Aluminium

K Line signed long-term agreement with Emirates Global Aluminium for transportation of 5 million tonnes of bauxite ore on its capesize bulk fleet. The contract is signed for transportation of bauxite ore to the alumina refinery, currently building in Al Taweelah in the United Arab Emirates. K Line...

Saudi Stock Exchange opens up to foreign investment: aluminium sector shines
18 JUN 20152MINS

Saudi Stock Exchange opens up to foreign investment: aluminium sector shines

The Tadawul, popularly known as the Saudi Stock Exchange opens doors to direct foreign investment in Saudi Arabia. Foreign investors who have more than £5bn reported assets supported by a five year track record can now invest directly, investment limited to overall 10 per cent of the Tadawul’s...

Qatalum's Casthouse starts joint collaboration with Qatar University
18 JUN 20152MINS

Qatalum's Casthouse starts joint collaboration with Qatar University

Academic collaboration allows for further research in developing metallurgical competence in Qatar and Increases competence on specific casthouse products for process optimisation. This results in a wider product portfolio of high quality aluminium products for a larger global market. Qatalum's...

Sohar Aluminium receives Pan-Arab Award for Environmental Stewardship
17 JUN 20152MINS

Sohar Aluminium receives Pan-Arab Award for Environmental Stewardship

In recognition of its steadfast commitment to protecting the eco-system, Sohar Aluminium (SA) was honored by the Arab Organization for Social Responsibility for its environmental excellence during the recent Best Environmental Initiatives Awards held in the United Arab Emirates. The Arab...

UAE aluminium giant says to cut 4% of workforce
16 JUN 20152MINS

UAE aluminium giant says to cut 4% of workforce

Emirates Global Aluminium (EGA) on Thursday said it is cutting its workforce by 4 percent as part of a strategic restructuring to reduce costs and boost operational efficiency. EGA was created by the merger of two state-owned aluminium companies - Dubai Aluminium (Dubal) and Abu Dhabi's Emirates...

Dubai Cable to build $60 million aluminum plant in Abu Dhabi
16 JUN 20152MINS

Dubai Cable to build $60 million aluminum plant in Abu Dhabi

Dubai Cable Co., the second-largest cable manufacturer in the Middle East, is building its first aluminum plant as customers in Saudi Arabia to the U.S. seek cheaper alternatives to copper for power transmission. The $60 million factory in Abu Dhabi in the United Arab Emirates will have capacity to...

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....

Nigerian manufacturers protest low patronage of local metals, aluminium
15 JUN 20152MINS

Nigerian manufacturers protest low patronage of local metals, aluminium

Producers of primary and secondary aluminium products, cold rolled coils, enamel wares, galvanised iron and steel, nails and wires as well as steel pipes in Nigeria have expressed disappointment over lack of government patronage of their products, stressing that this is further encouraging influx...

Hind Aluminium Industries Ltd reduces stake in Oman subsidiary
12 JUN 20151MINS

Hind Aluminium Industries Ltd reduces stake in Oman subsidiary

Hind Aluminium Industries Ltd has introduced an overseas Joint venture partner for its subsidiary Company Associated Industries Limited SFZ ("AIL SFZ"), incorporated in the Sultanate of Oman. Due to the above, AlL SFZ will become an Associate / Joint Venture Company of Hind, with a reduced...