Punjab Province in Pakistan approves first Child Protection Policy    Moon Hall Cairo Opens June 15 as Egypt's First Centre for Learning Difficulties    CBE: Egypt's annual core CPI inflation quickens to 13.1% in May    Egypt's FM hails decade of strategic ties with China    Egypt's gold reserves inch up to $13.679b in May – CBE    Egypt's Sisi, UAE's Bin Zayed discuss Gaza ceasefire, regional stability    Microsoft offers free AI cybersecurity to European govt.    Egypt's EHA partner with Entlaq to advance health sector digitalisation    Egypt plans largest-ever Arafat Day meal distribution, citing national unity    Germany's service sector contracts sharply in May '25    Egypt's EDA holds strategic talks with Pi Pharma    Egypt unveils comprehensive new export rebate programme    Egypt's Abdelatty, Benin FM discuss bilateral ties, African security    Egypt pledges stricter controls on psychotropic drugs amid concerns over misuse, smuggling    Egypt hosts 3rd International Climate, Environment Conference to advance sustainable innovation    Egyptian FM, visiting Indian MPs discuss strategic ties, regional security    Three real estate platforms seek FRA licensing for investment funds    Egypt details economic strategy, private sector empowerment to Goldman Sachs    Egypt, Serbia explore cultural cooperation in heritage, tourism    Egypt discovers three New Kingdom tombs in Luxor's Dra' Abu El-Naga    Egypt launches "Memory of the City" app to document urban history    New Alamein City to host Egypt International Sculpture Symposium, "ART SPACE"    Palm Hills Squash Open debuts with 48 international stars, $250,000 prize pool    Egypt unearths rare Coptic-era structure in Asyut    Amun-Mes named as owner of Luxor's Kampp 23 tomb after 50-year mystery    Egypt's Democratic Generation Party Evaluates 84 Candidates Ahead of Parliamentary Vote    On Sport to broadcast Pan Arab Golf Championship for Juniors and Ladies in Egypt    Golf Festival in Cairo to mark Arab Golf Federation's 50th anniversary    Germany among EU's priciest labour markets – official data    Cabinet approves establishment of national medical tourism council to boost healthcare sector    Sudan conflict, bilateral ties dominate talks between Al-Sisi, Al-Burhan in Cairo    Egypt's PM follows up on Julius Nyerere dam project in Tanzania    Egypt's FM inspects Julius Nyerere Dam project in Tanzania    Egypt's FM praises ties with Tanzania    Paris Olympic gold '24 medals hit record value    A minute of silence for Egyptian sports    Russia says it's in sync with US, China, Pakistan on Taliban    It's a bit frustrating to draw at home: Real Madrid keeper after Villarreal game    Shoukry reviews with Guterres Egypt's efforts to achieve SDGs, promote human rights    Sudan says countries must cooperate on vaccines    Johnson & Johnson: Second shot boosts antibodies and protection against COVID-19    Egypt to tax bloggers, YouTubers    Egypt's FM asserts importance of stability in Libya, holding elections as scheduled    We mustn't lose touch: Muller after Bayern win in Bundesliga    Egypt records 36 new deaths from Covid-19, highest since mid June    Egypt sells $3 bln US-dollar dominated eurobonds    Gamal Hanafy's ceramic exhibition at Gezira Arts Centre is a must go    Italian Institute Director Davide Scalmani presents activities of the Cairo Institute for ITALIANA.IT platform    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



Bahrain's King inaugurates Alba's Line 6
Published in Amwal Al Ghad on 25 - 11 - 2019

Bahrain's King Hamad bin Isa Al Khalifa inaugurated on Sunday Aluminium Bahrain's (Alba) brownfield Line 6 Expansion Project, making Bahrain the home of the world's largest aluminium smelter outside China.
The elaborate opening ceremony was attended by His Royal Highness Prince Salman bin Hamad Al Khalifa Crown Prince, Deputy Supreme Commander and First Deputy Prime Minister and other dignitaries.
Welcoming the inauguration of Line 6 project under the patronage of His Majesty King Hamad, Alba chairman Shaikh Daij bin Salman Al Khalifa, said that the completion of Line 6 project is the greatest achievement in the era of His Majesty in Bahrain and this monumental event would not have been possible without the directives and support of his wise leadership.
In his speech, Alba chairman Shaikh Daij bin Salman Al Khalifa said the project will lead to tangible shift in the country with the company now contributing 15 per cent of the kingdom's gross domestic product (GDP). "From 12 percent, Alba will now contribute 15 per cent to the country's GDP. This is a powering and remarkable industrial achievement for the country," Shaikh Daij said.
One of the major accomplishments of the project, he said, was that the smelter has been able to achieve substantial savings of 16 per cent of the total budget and also the project has been conducted with total transparency.
Line 6 Expansion Project will also be transformational for Bahrain as it will significantly boost employment opportunities for Bahrainis at both Alba and the local downstream market, Shaikh Daij said. According to him, about 500 graduates have been employed by the smelter this year.
Starting-out as a 120,000 metric tonne per annum (mtpa) smelter in 1971, Alba's production for 2018 stood at plus-1 million metric tonnes. The project will boost the smelter's annual production by 540,000 metric tonnes this year, bringing its total production capacity to 1.5 million metric tonnes per year.
According to Shaikh Daij with the ramp-up of production, approximately 50 per cent of capacity which was added this year will be sold to the downstream aluminium sector in the kingdom, while the rest will be exported, predominantly to the US, Europe and Asia.
"We are willing to offer the half of 540,000 metric tonnes to the local downstream industry provided they are willing to use it," he said at the press conference held after the opening ceremony.
According to him, currently 60 percent of the total output is exported while 40 per cent is sold locally. "A lot of local industrial units are also expanding, we also supply to them," he said.
The biggest export market will continue to be the US, which is growing very fast and is aided by the Bahrain-US Free Trade Agreement (FTA), he said. "Demand is mostly coming from the US. We plan to export about 120,000 metric tonnes to the US market," Shaikh Daij said.
With a Capex of approximately $3 billion, the Line 6 Expansion Project involved the construction of a sixth pot line using EGA's proprietary DX+ Ultra Technology, a 1,792 MW Power Station (Power Station 5) utilising the world's first H-class General Electric (GE) 9HA Gas Turbine (GT) and other industrial services.
In his address, Brendan Bechtel, chairman and CEO of Bechtel group lauded the company for having commissioned and completed the project way ahead of schedule. The project was commissioned on December 13 last year, ahead of schedule, with the delivery of the ‘first hot metal'. It has been completed two weeks ahead of schedule, he said.
Bechtel is the EPCM contractor for the Line 6 Expansion Project smelter. For Power Station 5 (PS 5), GE and GAMA Consortium was awarded the EPC contract, while Siemens is the Power Distribution System contractor.
Source: Trade Arabia News


Clic here to read the story from its source.