02 APRIL 2013Thisdaylive.com
UC Rusal sets conditions to resume production at ALSCON
Edited by : AL CIRCLE
2 min read
The current operator of the Aluminium Smelter Company of Nigeria in Ikot Abasi, Akwa Ibom State, United Company Rusal on Monday gave two conditions for resumption of operations at the aluminium factory.
The company which commenced production at the factory about six years ago recently announced temporary suspension of operations at ALSCON over irregular power and gas supply and legal brouhaha surrounding the ownership of the aluminium plant.
In an interview with THISDAY in Uyo, the Public and Government Relations Director of ALSCON, Mr. Albert Dyabin, said for the company to resume production soon, the two conditions must be met.
Dyabin, who has been transferred back to the headquarters of the UC Rusal in Moscow, Russia, after three years in Nigeria, is now replaced by Mrs. Tatiyana Snirnova.
He listed the two conditions before production could resume including stable power supply and elimination of legal uncertainties around ALSCON.
He explained that since UC Rusal started production at ALSCON in February 2008, there was never stable power supply to the factory hence the company suffered from a lot of distractions as a result of power disruption.
“ALSCON suffered from frequent distraction from power supply which resulted in six times collapse of the entire production processes and complete breakdown of equipment and had to resume production from zero point," Dyabin said.
This disruption of production, he lamented led to considerable financial losses saying “as at today, this problem of power supply is not resolved and we will try to resolve it by connecting ALSCON to the national grid.”
Dyabin maintained that for the early resumption of production, all the legal uncertainties around ALSCON must be eliminated.
According to him, even when the Bureau of Public Enterprises decided to conceal offer to the BFI Group, the decision of the Supreme Court is not concealed as it still exists.
“That is why we say some legal limbo is not still clear. When these conditions are met, it could be possible to resume production at ALSCON,” he stressed.
The company which commenced production at the factory about six years ago recently announced temporary suspension of operations at ALSCON over irregular power and gas supply and legal brouhaha surrounding the ownership of the aluminium plant.
In an interview with THISDAY in Uyo, the Public and Government Relations Director of ALSCON, Mr. Albert Dyabin, said for the company to resume production soon, the two conditions must be met.
Dyabin, who has been transferred back to the headquarters of the UC Rusal in Moscow, Russia, after three years in Nigeria, is now replaced by Mrs. Tatiyana Snirnova.
He listed the two conditions before production could resume including stable power supply and elimination of legal uncertainties around ALSCON.
He explained that since UC Rusal started production at ALSCON in February 2008, there was never stable power supply to the factory hence the company suffered from a lot of distractions as a result of power disruption.
“ALSCON suffered from frequent distraction from power supply which resulted in six times collapse of the entire production processes and complete breakdown of equipment and had to resume production from zero point," Dyabin said.
This disruption of production, he lamented led to considerable financial losses saying “as at today, this problem of power supply is not resolved and we will try to resolve it by connecting ALSCON to the national grid.”
Dyabin maintained that for the early resumption of production, all the legal uncertainties around ALSCON must be eliminated.
According to him, even when the Bureau of Public Enterprises decided to conceal offer to the BFI Group, the decision of the Supreme Court is not concealed as it still exists.
“That is why we say some legal limbo is not still clear. When these conditions are met, it could be possible to resume production at ALSCON,” he stressed.
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