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Dubal Holding acquires 60% stake in Aluminium extrusion firm OSE Industries
14 FEB 20213MINS

Dubal Holding acquires 60% stake in Aluminium extrusion firm OSE Industries

According to Dubai Industrial City, Dubal Holding’s decision to acquire 60% stake in Dubai-based aluminium extrusion company OSE Industries is a major vote of confidence in the UAE economy. The deal upgrades emirate’s position as investor-friendly manufacturing and logistics hub. UAE, the largest...

Alba reports 81% YoY increase in profit in 2020
11 FEB 20212MINS

Alba reports 81% YoY increase in profit in 2020

Aluminium Bahrain (Alba) reported a Profit of BD32 million (US$85.1 million) in Q4 2020, up by 132% Year-over-Year (YoY). The Total Comprehensive Income came in at BD32.9 million (US$87.7 million), a jump of 138% YoY. Gross Profit increased to stand at BD60.1 million (US$159.9 million). Revenue...

Gabon’s import of Aluminium Foil during 2018-20 shows constant growth
11 FEB 20212MINS

Gabon’s import of Aluminium Foil during 2018-20 shows constant growth

Gabon is an upper-middle-income country, being the fifth-largest oil producer in Africa it has had strong economic growth over the past decade, driven by its production of oil and manganese. The Executive Board of the International Monetary Fund (IMF) during July’20 approved a purchase of about...

Alucam’s Aluminium export sinks to 49,300 tonnes in 2020 from 80,000 tonnes in 2017
09 FEB 20212MINS

Alucam’s Aluminium export sinks to 49,300 tonnes in 2020 from 80,000 tonnes in 2017

According to the report published by Bank of Central African States (BEAC), it has been stated that in 2020 Aluminium du Cameroun (ALUCAM) has exported 49,300 tonnes of aluminium. This export volume is recorded as the second-lowest by the aluminium company in a decade, as the bottom lowest was in...

2020: Cameroon exports aluminium for 54 billion CFA franc, only in CEMAC region
04 FEB 20212MINS

2020: Cameroon exports aluminium for 54 billion CFA franc, only in CEMAC region

The Bank of Central African States reported that while presenting the evolution of prices of the main commodities exported to CEMAC region - Cameroon, Central African Republic, Congo, Gabon, Equatorial Guinea and Chad to the Q4’20, only Cameroon exports aluminium. According to the 2020 monetary...

EGA, Mubadala and Dubal Holding completes major milestone by firing Siemens Energy H-Class gas turbine
03 FEB 20214MINS

EGA, Mubadala and Dubal Holding completes major milestone by firing Siemens Energy H-Class gas turbine

On 3 rd February 2021, Emirates Global Aluminium, Mubadala and Dubal Holding accomplished a major milestone with the first firing of the Siemens Energy H-class gas turbine at a new AED 1 billion state-of-the-art power plant under development at EGA’s Jebel Ali site. The Siemens Energy H-class gas...

Egypt’s aluminium export increases 7% to $575 million in 2020
02 FEB 20211MINS

Egypt’s aluminium export increases 7% to $575 million in 2020

Egypt’s aluminium and copper export values gained 5.3 per cent in 2020 to stand at $748 million, compared to $710 million in 2019, showed the Middle East News Agency (MENA). Algeria, Italy, Turkey, Morocco, Greece, Libya, Sudan, Germany, Lebanon, and Spain were the top exporters, accounting for...

UAE Aluminium Tariffs: Donald Trump pulled back, Joe Biden wants it live
02 FEB 20213MINS

UAE Aluminium Tariffs: Donald Trump pulled back, Joe Biden wants it live

The newly elected President of USA, Joe Biden will sustain a tariff rate of 10% on aluminium imports from the United Arab Emirates, reversing Ex-President Donald Trump’s move to terminate the tariffs on his last day as president, as reported by the White House. On January 20, 2021, Joe Biden’s...

EGA to supply 43,000 tonnes of solar-powered ‘CelestiAL’ aluminium to its first customer BMW
02 FEB 20212MINS

EGA to supply 43,000 tonnes of solar-powered ‘CelestiAL’ aluminium to its first customer BMW

On Tuesday, February 2, Emirates Global Aluminium, the world’s biggest ‘premium aluminium’ producer, announced that it secured BMW as the first customer for its solar-powered CelestiAL aluminium. According to the contract, EGA will supply 43,000 tonnes of the UAE’s first-of-a-kind aluminium,...

All-round naval specialist PIRIOU delivers 250th Aluminium Vessel
29 JAN 20212MINS

All-round naval specialist PIRIOU delivers 250th Aluminium Vessel

The all-round naval specialist PIRIOU has just delivered a 55m FPSV to JANA MARINE SERVICES, a Saudi Arabia provider of best-in-class integrated Marine Services to Offshore Oil & Gas Industry. The vessel built by PIRIOU VIETNAM with a sea proven PIRIOU design, a dozen of vessels of this model were...

Nigeria’s import of Aluminium Bar Rods and Profiles during 2019-20 exhibits robust growth; 2021 predicted with 23% de-growth
28 JAN 20212MINS

Nigeria’s import of Aluminium Bar Rods and Profiles during 2019-20 exhibits robust growth; 2021 predicted with 23% de-growth

Nigeria has entered into a recession after its GDP plunged for the second consecutive quarter. Africa’s biggest economy is in recession for the first time since 2016. The recession four years ago was its first in a generation, and the country emerged from it the following year. However, growth has...

Africa’s primary aluminium production rebounds to 135,000 tonnes in Dec'20; Output in Q4 stands marginally down Q-o-Q
27 JAN 20212MINS

Africa’s primary aluminium production rebounds to 135,000 tonnes in Dec'20; Output in Q4 stands marginally down Q-o-Q

According to the International Aluminium Institute, primary aluminium production in Africa rebounded to 135,000 tonnes in December 2020, following a decline in the previous month. On a month-on-month calculation, Africa’s primary aluminium production grew in December by 6,000 tonnes or 4.65 per...

EGA accomplishes major periodic refurbishment of Al Taweelah Potline 3
26 JAN 20213MINS

EGA accomplishes major periodic refurbishment of Al Taweelah Potline 3

Emirates Global Aluminium has accomplished a major periodic refurbishment of its Potline 3 at Al Taweelah, one of the longest and most productive potlines in the world. The reduction cells (or ‘pots’) in which aluminium is smelted mandate re-lining after several years of production. During the...

Egyptalum all set for modernization, post a huge record loss for FY 2019-20
25 JAN 20212MINS

Egyptalum all set for modernization, post a huge record loss for FY 2019-20

On 25 th January 2021, Hisham Tawfik, Minister of Public Business Sector announced that “Egypt’s government is warming up to implement the modernisation project of Egyptalum, a national company for aluminium industries listed in EGX as Egypt Aluminium (EGAL).” Tawfik also stated: “US-based Bechtel,...

Reynaers Aluminium accomplishes its latest project in Sharjah
25 JAN 20212MINS

Reynaers Aluminium accomplishes its latest project in Sharjah

Reynaers Aluminium, the developer of aluminium products for the building sector has unveiled the accomplishment of the luxurious Terhab Hotel & Residences Project in Al Taawun, Sharjah, UAE, adding to a long list of several signature towers in the Emirates. The project incorporates the Five-star...

“Alba kicked-off 2021 with the launch of its new Mission, Vision and Values, which describe who we are as a Company today and where we aspire to be”, Ali Al Baqali, CEO of Aluminium Bahrain B.S.C (Alba)
25 JAN 20214MINS

“Alba kicked-off 2021 with the launch of its new Mission, Vision and Values, which describe who we are as a Company today and where we aspire to be”, Ali Al Baqali, CEO of Aluminium Bahrain B.S.C (Alba)

COVID-19 outbreak has been an unexpected global crisis that has resulted in health and social distress across the world in 2020. Like every other industry, this pandemic took its toll on the global aluminium business and Alba was not an exception. The Pandemic reiterated that nothing is more...

“We can see some positive signals from the market. I believe that the LME returns to a level that is viable for our customers, which should free-up investments”, Benjamin Ulmann, Fives’ Aluminium Regional Sales Director, Middle East
25 JAN 20217MINS

“We can see some positive signals from the market. I believe that the LME returns to a level that is viable for our customers, which should free-up investments”, Benjamin Ulmann, Fives’ Aluminium Regional Sales Director, Middle East

Benjamin, graduated in 2005, worked for 8 year as Sales & Marketing for US based company named LUFKIN (now part of GE), a worldwide leading manufacturer of gearing solutions. Then in 2013, he worked for a UK based company named WELDING ALLOYS, a manufacturer of advanced welding consumables,...

EGA, LafargeHolcim’s Geocycle UAE renew 10-year partnership to create value from waste in the UAE
24 JAN 20213MINS

EGA, LafargeHolcim’s Geocycle UAE renew 10-year partnership to create value from waste in the UAE

On 24 th January 2021, Emirates Global Aluminium, and Geocycle UAE, part of the world's largest building solutions group LafargeHolcim announced that they have signed an agreement to extend their ground-breaking 10-year partnership in creating value from industrial waste in the UAE. Since 2010, EGA...