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Top Stories

GARMCO

GARMCO employees to visit ALBA’s facility on temporary transfer
Primary AL
Aluminium Bahrain B.S.C. (Alba), the world’s largest one-site aluminium smelter, has signed a 2-year agreement with Gulf Aluminium Rolling Mill Company (GARMCO) to enhance the technical capabilities of GARMCO’s Bahrain-based employees. The agreement will allow selected technical employees to join a ...
Collaboration with SMS: GARMCO’s aluminium hot rolling production upgrade succeeds
Downstream
The Manama-based leading aluminium producer, Gulf Aluminium Rolling Mill B.S.C. (GARMCO), has collaborated with the SMS group GmbH, with a goal to successfully upgrade and deliver motors and drives in the one-stand reversing hot rolling mill. Although initially designed by a third-party supplier, th ...

Downstream
Baker McKenzie, a top-tier global law firm, has provided legal guidance to Gulf Aluminium Rolling Mill (GARMCO), a major downstream aluminium firm in the Middle East headquartered in Bahrain, regarding its debt restructuring to creditors, following the reorganisation plan approved by the courts of t ...
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GARMCO invests US$24.5 million for expansion projects and new aluminium coil line
Downstream
22 Mar 2023
Gulf Aluminium Rolling Mill (GARMCO), a counterpart of Bahrain Mumtalakat Holding Company, has invested US$24.5 million to expand its development project for a technologically advanced production line for aluminium coils. GARMCO kept the project’s course aligned with the decisions taken by its cr ...
GARMCO announces its first creditor repayment
Downstream
16 Mar 2023
In accordance with the restructuring plan signed in November 2021 following the company's reorganisation in February 2019, Gulf Aluminium Rolling Mill "GARMCO", a portfolio company of Bahrain Mumtalakat Holding Company, announced its first repayment to creditors of USD 23 million. GARMCO reported ...
UAE, Egypt, Jordan and Bahrain ink multi-billion-dollar industrial agreements, including aluminium value chain
Primary AL
27 Feb 2023
According to our report from the MENA region, over $2 billion in industrial agreements were signed in Amman, the capital and the largest city of Jordan, at the third Higher Committee meeting of the Industrial Partnership for Sustainable Economic Development, a regional initiative involving the UAE, ...
Bahrain to reorganize the board of sovereign wealth fund Mumtalakat Holding
Primary AL
05 Sep 2022
According to our report from the Gulf region, the Crown Prince and Prime Minister of Bahrain Salman bin Hamad Al-Khalifa, has issued an order to restructure the board of sovereign wealth fund Mumtalakat Holding with Finance Minister Salman bin Khalifa Al-Khalifa as its chairman. Mumtalakat report ...
Downstream weekly recap: Kaiser Aluminum declares a quarterly cash dividend of US$0.77 per share; TANAKA Denshi Kogyo to set up new plant for aluminium bonding wires in Hangzhou, China
Downstream
16 Jan 2022
The downstream sector of the aluminium industry has been under the spotlight for a limited but strong number of reasons. To start with, according to a new study, the increased usage of electric vehicles (EVs) in global transportation is good for aluminium producers like Hindalco but negative for ste ...
Financially distressed Bahrain’s aluminium downstream facility Garmco reaches final agreement with creditors to ensure functionalizing
Downstream
11 Jan 2022
The first and one of the largest downstream aluminium facilities in the Middle East for rolling, cutting and fabricating aluminium, the Bahrain-based Gulf Aluminium Rolling Mill B.S.C (“GARMCO”) notified that it has reached a final agreement with the group of Creditors to ensure continuity of the Co ...
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