Aluminium extrusion 2035 demand nears 44.22Mt: Industry experts decode next decade drivers
Global aluminium extrusion demand is entering a phase with consumption projected to rise from 35.25 million tonnes in 2025 to 35.93 million tonnes in 2026 and 44.22 million tonnes by 2035, representing a 2.29 per cent CAGR. While building and construction will remain the largest end-use sector and...
Alba reaches 50m hours without LTI, strengthening aluminium safety record
Aluminium Bahrain B.S.C. (Alba) has reached 50 million safe working hours without a Lost Time Injury (LTI) . The milestone was achieved on September 7, 2026, marking a record in the company’s history. The achievement reflects Alba’s continued focus on workplace safety across its aluminium...
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Morocco’s import of Aluminium Foil during 2017-20 unveils a potential market
Morocco's economic freedom score is 63.3, making its economy the 78th freest in the 2020 Index. The economy is positioned to decline notably this year as domestic demand falters and the external sector is hampered by slack foreign demand for key exports. FocusEconomics analysts project the economy...
Ivory Coast’s import of Aluminium structures during 2018-20 demonstrates an upward trend
The economy of Ivory Coast is stable and currently growing; however, the GDP of the nation is expected to reach $48.00 billion by the end of 2020, according to Trading Economics global macro models and analysts’ expectations. In the long-term, the Ivory Coast GDP is projected to trend around $54.00...
Alba announces the launch of Safety Voice virtual campaign
Aluminium Bahrain (Alba) has launched ‘Safety Voice’ virtual campaign. The campaign comes as part of the company’s commitment to empower its Non-Management employees to voice-out their Safety messages via as well as adopt a bottom-up approach for Safety communication. The campaign was launched by...
CEOs of Siemens Energy and EGA meet to review construction progress of power block for aluminium smelting
Christian Bruch, Siemens Energy’s Chief Executive Officer, and Abdulnasser Bin Kalban, Emirates Global Aluminium’s CEO, have reportedly met to evaluate the progress of a very highly-efficient power generation facility under construction at EGA Jebel Ali site and discuss potential future...
Kharafi Construction reduces stake in Arab Aluminium
On 25 th October’20, Arab Aluminum (ALUM) disclosed to the Egyptian Exchange that Kharafi Construction reduced its stake from 43.20% to 37.89%. Kharafi Construction, a Grade 'A' General Contractor with the experience of executing major construction and infrastructure projects throughout Kuwait has...
Alba made a loss of BD 11.6 million in Q3 2020 as its Revenue from Contracts with Customers declined 8.5% YoY
Aluminium Bahrain B.S.C. (Alba) has reported its financial results for the third quarter and nine months of 2020, revealing that it experienced a loss of BD 11.6 million (US$31 million) in Q3, up by 209 per cent year-on-year from a profit of BD 10.7 million (US$28.4 million). In total nine months...
Alba, SCE, & MOICT visit the construction site of Alba’s Spent Pot Lining (SPL) Treatment Plant
Aluminium Bahrain (Alba) said the construction is in full swing at the company’s Spent Pot Lining (SPL) Treatment Plant, the first of its kind in the GCC and Middle East. The company said officials from Alba, Supreme Council for Environment (SCE), and Ministry of Industry, Commerce, and Tourism...
Azelio in partnership with Jet Energy aims to store 45 MWh of electricity until 2025
Jet Energy, a Moroccan EPC Contractor specialized in the construction, operation and maintenance of photovoltaic power plants has developed multiple power generation projects in Francophone Africa and now they are coming up with storage systems. On 20 th October’20, as a part of an agreement signed...
Qatar Aluminium Manufacturing Company reports net profit of QR12.3 million in nine months
Qatar Aluminium Manufacturing Company (Qamco), a 50% joint venture (JV) partner in a smelter that produces premium quality aluminium products, has posted net profit of QR12.3 million for the nine months period ended 30 September 2020. The company’s share of revenue stood at QR 1.6 billion, down by...
EGA’s employee-led continuous improvement programmes help saving AED 60 million in 2020
Emirates Global Aluminium has announced today, on October 21, that it could save almost AED 60 million since the beginning of this year, thanks to its employee-led continuous improvement programmes. Since January, EGA employees have submitted 18,400 ideas through the company’s suggestion scheme to...
Africa’s primary aluminium production in Q3 2020 drops by nearly 1% Q-o-Q, output in September down by 3% M-o-M
In September 2020, primary aluminium production in Africa stood at 131,000 tonnes, found the International Aluminium Institute’s latest data. In the month earlier (August), Africa’s primary aluminium output was 135,000 tonnes, meaning the country’s production in September declined by 4,000 tonnes...
World primary aluminium production declines 1.81% M-o-M in September 2020, but total output in Jan-Sept up by 2.1%
The latest data released by the International Aluminium Institute for September 2020 shows the world primary aluminium production stood at 5.42 million tonnes, down by 1.81 per cent from 5.52 million tonnes in August 2020. However, on a year-on-year basis, the output grew by 4.03 per cent from 5.21...
Oman’s export of Aluminium scrap during 2018-20 remains uneven, earnings keep rising
Oman is heavily dependent on oil and gas resources, which generates between and 68% and 85% of government revenue, depending on fluctuations in commodity prices. The key components of the government's diversification strategy are tourism, shipping and logistics, mining, manufacturing, and...
Bechtel Corporation secures engineering consultant contract for Egyptalum's 7th production line
The largest aluminium producer in Egypt and one of the largest in Africa, Egyptalum, has assigned the US-based company Bechtel an engineering consultant contract for the former's seventh production line project. The main purpose of the project is to increase Egyptalum's production of aluminium,...
Tunisie Profilés Aluminum: Domestic market performance cushions the effects of “Corona crisis”
Tunisia’s largest company “Tunisie Profilés Aluminum”, a specialized manufacturer of aluminium alloy profiles has announced its third-quarter’20 results, which reflects an overall revenue rise by 28% and this stands at TND 44,576,567 (Tunisian Dinar) against TND 34,957,488 in the 3rd quarter of...
GITC suggests anti-dumping duties on Chinese aluminium coils and circles fearing domestic industry’s injury
The Ghana International Trade Commission (GITC) has pointed out that the dumping of aluminium coils and circles from China onto the Ghanaian domestic market are causing material injury and posing a threat to the domestic industry. So, on Thursday, October 15, Professor Paul Kuruk, Vice Chairman of...
UAE’s exports of crude metal and alloys to US up 17% MoM in July
The United Arab Emirates exports of crude metals and alloys to the US stood at 7,350 tonnes in July 2020, a decrease of 72% or 18,850 tonnes year-on-year. The UAE had exported 26,200 tonnes to the US in July 2019, according to the latest Mineral Industry Survey report from the US Geological Survey....
Alba and Arabian Gulf University renew MoU for Human Capital Development
Aluminium Bahrain (Alba) on Thursday 08 October 2020 renewed its Memorandum of Understanding (MoU) with Arabian Gulf University (AGU). AGU is one of Bahrain’s leading educational institutes. The MoU was signed between Alba’s Chief Executive Officer Mr. Ali Al Baqali, and AGU’s President Dr. Khalid...
