Alba

Aluminium Bahrain Sets Production and Sales Records in 2017

Aluminium Bahrain Sets Production and Sales Records in 2017

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...

Events

Aluminium Bahrain’s Line 6 Expansion Achieves 25 Percent Completion

Aluminium Bahrain B.S.C. (Alba) updated shareholders on the firm’s progress on the US$3-billion Line 6 Expansion Project yesterday, noting that the undertaking continues to run on the scheduled timeline. According to the firm, earthworks and concrete at the site are continuing as planned, with engineering at 50 percent completion, and procurement and contracts at 70 […]

Despite Line 5 Damage, Alba Turns In Strong Second Quarter and First Half Numbers

Boosted in part by a rebound in aluminium prices, Aluminium Bahrain B.S.C. (Alba) posted better financial numbers for the just-ended quarter and half. Alba turned in total sales of US$476.9 million in the second quarter, up year-on-year from last year’s Q2 total of 441 million. Net income for the quarter came to US$47.1 million, up […]

Alba Reopens Damaged Aluminium Reduction Line 5

Aluminium Bahrain B.S.C. announced yesterday that repair operations to its Reduction Line 5 have been successfully completed. The line suffered damage on April 5 when a power station supplying energy to the line failed. As a result, Line 5 was without power for around three hours. Though production was halted and the line sustained damage, […]

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 earthwork cut-and-fill volume of 63.6 million square feet of dirt. Companies local to […]

Alba Posts Gains Across the Board in 2017’s First Quarter

Aluminium Bahrain recently released financial results for the first quarter, boasting significant to exceptional gains in several major categories. Alba reported a sales volume of 242,932 metric tons, up 4.9% year-on-year. Total sales for the quarter came in at US$506 million, a 22% increase year-on-year from last year’s Q1 total of US$416 million. Net income […]