Aluminium Bahrain: Recapping on an eventful start to the year

May 8, 2017 in Manufacturing

It has been quite a year already for Aluminium Bahrain (Alba), the international aluminium smelter.

In April the company revealed that its sales volume for the first quarter of 2017 returned a 4.9 per cent year-over-year increase, at 242,932 tonnes versus 231,538 in Q1 2016.

The company also saw growth in its production, reporting a 5.6 per cent year on year increase, from 235,478t to 248,776t.

Commenting on Alba’s sales and production volume for Q1 2017, Tim Murray, chief executive officer of Alba, said: “We are pleased to finish the first quarter of 2017 with this strong volume momentum in our sales and production.

“We were able to step up our performance thanks to our plant reliability, integrated marketing approach, and, most importantly, our people who aim to exceed the company set targets.”

Alba announced that it will share its full first quarter 2017 financial results with the public on 23 April, as well as upload its investor relation presentation on its website.

During the same month, the company celebrated being recognised with the Gold Award for Occupational Health and Safety 2017 by the Royal Society for the Prevention of Accidents (RoSPA), UK.

The RoSPA organisation recognises health and safety success and awards companies around the world for their ongoing commitment to raising health and safety standards, said a statement from Alba.

A delighted Murray said: “Safety is the number one priority at our company. We truly believe that by working together as one team, we will achieve our ultimate objective of ‘Zero Accidents’ at work.

“We are truly pleased to win the award, which is a recognition of all our efforts towards developing and maintaining a safe work culture. I would like to thank all our employees for their commitment and efforts in achieving our safety goals,” he added.

Alba will be presented with the Gold RoSPA Health and Safety Awards 2017 during a ceremony at the ExCeL, London, UK, on June 20, it stated.

According to the company website, Alba “consistently ranks as one of the largest and most modern aluminium smelters in the world. Known for its technological strength and innovative policies, Alba enforces strict environmental guidelines, maintains high track record for safety, and is widely regarded as one of the top ten performers on a global scale.

“It supports numerous community oriented programmes and social activities that have underlined its status as one of Bahrain’s leading industrial organisations that remains committed towards upholding its corporate social responsibilities. Alba’s inception marks the beginning of Bahrain’s strategy to diversify its economic base and reduce its dependence on oil. The aim was to establish an industry that would provide valuable export earnings, develop the country’s resources and create training and employment opportunities for a large number of Bahrainis. Alba was therefore incorporated by Charter in 1968 and officially commenced operations in 1971 as a 120,000 tonnes per annum smelter.

“Alba today produces more than 971,000 metric tonnes per annum of the highest grade aluminium, with products including standard and T-ingots, extrusion billets, rolling slab, propertzi ingots, and molten aluminium. Around 50 per cent of output is supplied to Bahrain’s downstream aluminium industry, with the rest exported to regional and international customers in the Middle East, Europe, Far East, South East Asia, Africa, and North America.”

In March 2017 Alba published its first Sustainability Report, attesting the company’s ongoing commitment to Sustainable Development, Transparency and Accountability.

An important milestone for Alba, the Sustainability Report for 2016 was developed to share Alba’s journey using the internationally recognised sustainability reporting framework from the Global Reporting Initiative (GRI).

Commenting on this occasion, Murray said: “Alba is pleased to launch its first Sustainability Report, which validates our corporate social responsibility efforts and commitment towards high environmental and social standards. The annual reporting on sustainability will allow for greater transparency of our sustainable programmes as well as create value for our stakeholders and the communities. We remain committed to create a positive impact on the community we serve and ensure that by engaging with our partners, Alba will be a statement for progressive growth and positive change.”

Also in March, the company reiterated its commitment to support the kingdom’s initiatives in the field of motor sports by signing a three-year partnership renewal with Bahrain International Circuit (BIC).

“We are pleased to renew our partnership with BIC, which has established itself as a leading motor racing destination in the Middle East,” said Murray after signing the deal with BIC chief executive Shaikh Salman bin Isa Al Khalifa.

“This partnership also gives us the opportunity to welcome our customers and clients to experience the hospitality of the kingdom and validate its reputation as an international tourist destination,” Murray added.

At the time of writing, 2017 is barely more than a quarter of the way through. Judged on recent events, it promises to be an eventful remainder of the year.