Alba

Construction Underway on Alba’s Sixth Aluminium Potline

Construction Underway on Alba’s Sixth Aluminium Potline

Shovels have turned the first dirt in the construction of Aluminium Bahrain B.S.C.’s long-awaited Line 6 Expansion Project. Alba made the announcement of same this past Sunday. The new line is slated to cover an area of 150 acres and require an...

Events

Alba Concludes Yearly Town Hall Meetings in Manama

Aluminium Bahrain wrapped up two weeks of town hall meetings in Manama Sunday. The meetings involved almost ninety percent of the company’s workforce in discussions between the firm’s management and its workforce. Beginning on January 15th, the meetings were held in nine separate sessions and included participation from some of Bahrain’s private and public organizations. […]

Alba’s Third-Quarter Net Income Leaps by 65% Year-on-Year

Aluminium Bahrain B.S.C. reported totals for the third quarter and first nine months of 2016 yesterday. Alba’s numbers were highlighted by an increase in year-on-year net income by almost two thirds. The firm reported a sales total of US$463.5 million for the third quarter, down five percent year-on-year from 2015’s total of US$490.4 million. Alba […]

Alba “Kick Starts” Upgrade of Lines 4 & 5

Aluminium Bahrain B.S.C. announced yesterday that it has “kick started” its upgrade project to increase the amperage of its smelter’s Lines 4 and 5. The project, which the firm undertook in an effort to reduce cost and increase energy efficiency, was begun in September of this year. The project in question consists of designing and […]

Alba Closes on US$1.5 BN Loan for Line 6 Project

Aluminium Bahrain announced on Sunday that it has successfully closed its syndicated term-loan facility. This is the first tranche in the firm’s funding of its Line 6 project. The firm initial financing target was between US$500 million and US$750 million, but the loan was eventually increased to US$1.5 billion because of greater interest from lenders. […]

Alba Announces Appointment of New Finances Manager

Aluminium Bahrain announced an executive appointment earlier this week, having named Ahmed A. Qader Ishaq the new manager for financial accounting and controlling. Ishaq is a Certified Public Accountant and has been with the firm for just over six years, joining as head of internal auditing. He is working towards an MBA at ESSEC through […]