Mideastern aluminium firm Aluminium Bahrain B.S.C. (Alba) set a company record in sales volume and production last year.
According to a statement released by the firm, Alba sold 978,195 metric tons of primary aluminium in 2017, which was an improvement of 0.4 percent from 2016’s sales volume of 974,014 metric tons. Helping propel the total to a record height was the company’s fourth-quarter sales volume total of 277,567 metric tons, an 8-percent leap year-on-year, besting 2106’s fourth-quarter total of 256,445 metric tons.
Production also reached a record high of 981,016 metric tons, a 1-percent increase over 2016, when Alba’s total output came to 971,420 metric tons. The firm achieved this total despite a power outage in the spring. In addition, a 9-percent jump in fourth-quarter production helped the firm set this record, producing 274,147 metric tons in the quarter. Alba’s fourth-quarter total the year prior was 250,670 metric tons.
Alba’s Chief Executive Officer Tim Murray said that the achievement is a testament to the company’s strength as well as a bellwether for future goals.
“Despite 2017 challenges, we have succeeded in raising the bar in our Sales volume and production performance. This milestone proves that our resilience can transform any challenge to opportunity.
“As we move forward in 2018, we remain focused to achieve another breakthrough in our production as we target 1 MILLION metric tonne.”
Aluminium Bahrain B.S.C., or simply Alba, is one of the largest industrial companies in the Middle East and is one of the top 10 largest aluminium producers in the world. Originally incorporated in 1968, the company is based in Bahrain and 84% of its total workforce are Bahraini nationals. It began operations in 1971 with a 120,000 metric ton annual capacity. Modernization bumped the output up to 450,000 metric tons in 1992. In the spring of 2005, Alba opened Line 5, raising output by 860,000 metric tons per year. In 2016 Alba’s smelter produced 971,420 metric tons of primary aluminium.