Emirates Global Aluminium PJSC

EGA Commissions New Aluminium Production Capacity At Al Taweela Smelter

EGA Commissions New Aluminium Production Capacity At Al Taweela Smelter

Emirates Global Aluminium PJSC (EGA) officially completed the latest expansion at its Al Taweela aluminium smelter over the weekend. The project expanded the Al Taweela smelter’s nameplate capacity to 78 thousand metric tons per annum by installing 66 new state-of-the-art reduction cells....

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Events

Sources Say Emirates Global Aluminium Pondering IPO

Sources Say Emirates Global Aluminium Pondering IPO

Sources say Emirates Global Aluminium PJSC (EGA) is weighing a possible initial public offering (IPO) in 2022 after the firm refinanced a significant chunk of its debt this week. Wire service Reuters is reporting that a trio of sources claiming knowledge revealed to them that the UAE’s aluminium smelter is considering offering between ten and […]

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EGA Refinances US$5.5 Billion In Corporate Debt

EGA Refinances US$5.5 Billion In Corporate Debt

Emirates Global Aluminium PJSC (EGA) completed a refinance of US$5.5 billion of its debt, reducing its debt load by US$1 billion. EGA’s refinance of the 2019 note is a senior unsecured note and extends the repayment date by two and a half years. The new note also features terms that materially reduces the cost of […]

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ASI Certifies EGA’s Jebel Ali Aluminium Smelter Under Its Performance Standards

ASI Certifies EGA’s Jebel Ali Aluminium Smelter Under Its Performance Standards

Trade group Aluminium Stewardship Initiative announced this week that Emirates Global Aluminium PJSC’s (EGA) Jebel Ali aluminium smelter has been certified under ASI Performance Standards for responsible sourcing, production, and stewardship of aluminium. The ASI’s certification at the site covers its casthouse and smelter as well as other associated facilities. Products produced at the newly-certified […]

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EGA To Reuse Spent Caustic Soda From Compatriot Firm Gulf Extrusions

EGA To Reuse Spent Caustic Soda From Compatriot Firm Gulf Extrusions

Emirates Global Aluminium PJSC (EGA) announced this week an agreement with Al Ghurair Group subsidiary Gulf Extrusions to ship its industrial waste to EGA for re-use in place of fresh raw materials. Per the agreement, Gulf Extrusions will ship about 450 metric tons per month of spent caustic soda from its extrusion plants in Abu […]

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EGA’s Suggestion Scheme Saves AED416 MM In Forty Years

EGA’s Suggestion Scheme Saves AED416 MM In Forty Years

Emirates Global Aluminium PJSC (EGA) marked the 40th anniversary of its Suggestion Scheme last week. Over the previous four decades the Suggestion Scheme has received over half a million suggestions from EGA employees and has saved the company roughly AED416 million (US$113 million). The EGA Suggestion Scheme was first launched in 1981 by then-Head of […]

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