Aluminium Bahrain (Alba) has surpassed its annual sales record of 931,526 tonnes in 2014 by 2 per cent, reaching 951,944 tonnes in the following year, the company said. Production figures topped 960,643 tonnnes, up 3.1 per cent year on year, versus 931,427 tonnes in 2014. Q4 2015 sales grew 4.
Groundbreaking for the $55 million remelt plant of Bahrain’s Gulf Aluminium Rolling Mills Co (Garmco) was held recently near the company’s main production facilities.
Having produced more than 5 million tonnes in 2015, the primary aluminium industry in the GCC region again accounted for approximately 10 per cent of global production last year, thereby reinforcing the region’s standing as a major aluminium hub.
Aluminium systems provider Reynaers Middle East has continued to grow despite difficult economic conditions, says a top official. Ali Khalaf, managing director, revealed: “Our 2015 turnover was €13.53 million ($14.74 million), 23 per cent higher than in 2014.