Aluminium Bahrain B.S.C. (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
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.
The Alba plant comprises five reduction lines, two cast houses, three
dedicated carbon plants, a 550,000 mtpa coke calcining plant, a water
desalination plant, 11 fume treatment plants, a marine terminal, and a
2,249 MW ISO power plant, consisting of 4 power stations. The plant
also features a 13 hectare 'green' oasis, with more than 15,000 trees
and shrubs, a fruit and vegetable garden, an animal farm, and an
Alba's early success established a blueprint for other non-oil
industries to follow, including a thriving downstream aluminium
industry. Today, Alba is a major contributor to the social, industrial
and economic development of the Kingdom of Bahrain, employing over
2,600 people, of whom around 84 percent are Bahrainis.
The entire plant operates to the Environmental Management System
standard ISO 14001:2004 and the Occupational Health and Safety
Assessment Series OHSAS 18001:2007. Moreover, the Casthouses, Calciner,
and Marketing are also operating to the ISO 9001 Quality Management
System. It is worthy to note that Alba was the first metals
manufacturing company in Bahrain to receive the major upgrade - 2008
version of ISO 9001.
The company has won a number of awards including the inaugural Shaikh
Khalifa bin Salman Al Khalifa Award for Industrial Excellence, the
International Millennium Business Award for Environmental Achievement
from the United Nations, safety awards from the British Safety Council
and The Royal Society for the Prevention of Accidents, and a GCC-wide
award for human resources development and nationalisation of the
The shareholders of Alba are Bahrain Mumtalakat Holding Company
(69.38%), SABIC Investment Company (20.62%) and the General Public
Net Income Increases by US$ 57 million in Q1 2017
2017 Industry Highlights:
physical demand remains healthy with world consumption up by 6% YoY.
Asian demand rose by 7% YoY led by Chinese consumption (+8% YoY). MENA
demand grew by 5% YoY driven by major infrastructure spending in Saudi
Arabia (+13% YoY). In addition, demand in North America surged by 3%
YoY supported by firm growth in the auto production while Europe
consumption rose modestly by 2% YoY attributed to good demand in
construction and automotive sectors.
production rose by 9% YoY supported by Chinese output (+17% YoY),
leading the world market to be in surplus with China (+664Kt) and in
deficit w/o China (-414Kt).
inventories at 1.8 million mt in March.
cash-average for the first quarter of 2017 was US$ 1,850/t up by 22%
improvement in Safety Performance with the launch of Safety
volume up by 4.9% YoY (242,932 mt) and production up by 5.6% YoY
Sales averaged 56% of total shipments (versus 52% in Q1 2016)
6 on track
Study completed in January 2017
Packages have been awarded (out of 150 packages)
2017 Financial Results:
Company’s top-line and bottom-line performance for the first quarter of
2017 were driven primarily by higher LME prices and favourable
Total Sales for the first quarter of 2017 jumped by 22% YoY to reach BD
190.4 million (US$ 506 million) versus BD 156.4 million (US$ 416
million) for the same period in 2016. The Company posted a Net Income
of BD 25.6 million (US$ 68 million) compared to BD 4.2 million (US$ 11
million) in Q1 2016, an increase of 506% YoY.
the AGM on 21st March 2017, Alba approved a dividend of BD 29.6 million
(US$ 78.7 million) to be paid from April 2nd 2017.
on Safety Tomorrowland Initiatives
Restore Line 5 Production
on Project Titan - Phase II
Strong Demand on Value-Added Sales
6 on Schedule:
Remaining Packages in 2nd half of 2017
on Alba’s sound financial performance in Q1 2017, the Chairman of
Alba’s Board of Directors, Daij Bin Salman Bin Daij Al Khalifa:
has successfully closed the first quarter strong with an unparalleled
performance in its top-line and bottom-line.
with our solid financial basis, we will be able to transform Alba as
Line 6 will shape our future for the generations to come.”
Chief Executive Officer, Tim Murray added:
continues to improve its underlining performance through leveraging the
recent gains in LME prices. Despite the recent power outage incident,
Alba still expects to deliver strong results in 2017.
Management will be holding a conference call on Tuesday, April 25, 2017
to discuss Alba's financial performance for the first quarter of 2017
as well as outline the Company's priorities for the remainder of the