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Aluminium Bahrain B.S.C. (Alba)’s Chief Govt Officer Ali Al Baqali is main the Firm’s delegation on the ‘Worldwide Aluminium 2022’ Convention by Fastmarkets going down from 13-15 September 2022 on the InterContinental Barcelona, Spain.
Al Baqali participated as a key speaker alongside different trade leaders within the Govt Panel Dialogue on 14 September, the place he highlighted the assorted initiatives underneath Alba’s ESG Roadmap to assist Bahrain’s Targets to achieve Web Zero Emissions by 2060 which embody the addition of Block 4 to Energy Station 5 that may contribute to lowering the Firm’s general GHG emissions. The Panel additionally addressed shifting market dynamics, regional outlooks for the trade, in addition to strategic issues of funding in a low-carbon world.
Alba’s Delegation on the occasion comprised of Chief Provide Officer Waleed Tamimi, Director Advertising Boris Santosi together with officers from Alba’s Gross sales Workplace in Zurich, Switzerland.
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About Aluminium Bahrain B.S.C. (Alba)
[Ticker: ALBH]
At plus-1.561 million metric tonnes every year (2021), Alba is without doubt one of the world’s largest Aluminium smelters with greater than 50 years of excellence in Operations, Security, Atmosphere and Socio-Financial Improvement.
A blue-chip asset of the Kingdom of Bahrain, Alba accomplished 5 many years of economic operations in Could 2021. The Firm marked its Golden Jubilee by breaking all its earlier information in Security and topped 30 million Secure working-hours with out Misplaced Time Damage (LTI) on 01 September 2022 for the first-time in its historical past.
Alba produces high-quality Aluminium merchandise within the type of Customary and Worth-Added Merchandise (VAP)s, that are exported to greater than 240 world clients by means of its gross sales workplaces in Europe (Zurich), Asia (Hong Kong & Singapore) and subsidiary workplace within the U.S. Alba is twin listed on Bahrain Bourse and London Inventory Change and its shareholders are Bahrain Mumtalakat Holding Firm B.S.C. © (69.38%), SABIC Industrial Investments Firm (SIIC) (20.62%) and Basic Public (10%). Alba holds globally-recognised certifications akin to ISO 9001, ISO 14001, ISO 27001, ISO 45001, IATF 16949:2016, ISO 22301:2012 Enterprise Continuity Administration System (BCMS) and ASI Efficiency Customary Certification and Ecovadis Certification.
As the primary Aluminium smelter within the Center East, Alba has been a significant contributor to the social, industrial, and financial growth of the Kingdom of Bahrain. Alba sits on the coronary heart of a thriving Aluminium downstream sector in Bahrain, which accounts for about 12% of the Kingdom’s GDP. As one of many greatest nationwide corporations, Alba has ensured not solely the employment of Bahrain nationals (84% in 2021) but in addition the enhancement of their capabilities by means of training, coaching, and growth initiatives at each stage of their profession.
Alba is recognised as one of many high industrial corporations on the earth with excessive requirements in Atmosphere practices, Social contribution and Company Governance. Launched in February 2022, the Firm’s ESG Roadmap outlines 6 precedence areas – (1) Decarbonisation, (2) Inexperienced Power & Aluminium, (3) Round Economic system & Secondary Aluminium, (4) Worker Welfare, (5) Collaboration & Partnership and (6) Transparency, Communications & Due Diligence. Since its inception, Alba has invested into quite a few surroundings, sustainable and socio-economic growth initiatives which have had a optimistic influence on the society. Alba’s latest initiatives such because the first-of-its-kind US$37.5 million zero-waste Spent Pot Lining Remedy Plant and the upcoming 5-7 MW Photo voltaic Farm Mission are tangible efforts to fulfill the objectives of Bahrain’s Financial Imaginative and prescient 2030 in addition to the Web Zero Carbon targets led by HRH the Crown Prince and Prime Minister of Bahrain. Alba will play a vital position within the upcoming Aluminium Downstream Park, which can enhance the contribution of non-oil sectors to the GDP of Bahrain.
Alba’s motto ‘Security First, Security At all times’ has ensured that the Security and well-being of its workers and contractors’ workforce stay a high precedence. The Firm has been recognised internationally for its wonderful Security and Well being observe report with awards such because the RoSPA Gold Award (9 years in a row) and Worldwide Security Award with Benefit from British Security Council, in addition to six main Nationwide Security Council (NSC) USA awards for 2021. Alba has additionally been recognised for its initiatives to provide Aluminium responsibly by means of awards akin to Prime ESG performer in Bahrain by ESG Make investments, Safeguard Label from Bureau Veritas and Greatest Company Governance Award by Moral Boardroom.
Alba Energy Station 5 Block 4 Enlargement Mission
Alba Energy Station 5 (PS5) Block 4 is a Mixed Cycle Energy Plant that’s an enlargement of the prevailing PS5.
PS5 Block 4 Mission is the addition of a fourth Block of comparable 1:1:1 configuration with J-class fuel turbine know-how and with minimal nominal ISO score of a 680.9 MW and contains tie into the prevailing 220kV Substation. The effectivity of this mixed cycle energy plant is way increased than the mixed cycle energy vegetation of PS3 and PS4. On completion of PS5 Block 4 Enlargement Mission, the nameplate capability of PS5 will enhance from 1,800 MW to 2,481 MW.
Mitsubishi Energy & SEPCOIII consortium shall be accountable to design, engineer, procure, assemble and fee Block 4. PS5 Block 4 business operations are anticipated to start in This autumn 2024.
Alba Exterior Grievance Mechanism
Alba’s Exterior Grievance Mechanism receives and facilitates the decision of any affected communities’ considerations and grievances about Alba’s Atmosphere and Social (E&S) efficiency. Exterior grievances about Alba’s E&S efficiency will be logged through the Alba Integrity Line – an independently operated confidential reporting hotline in a number of languages – through a toll-free telephone system or through the intranet 24 hours a day.
Alba Response to COVID-19 Pandemic
Alba’s response technique to COVID-19 was initiated again to January 2020 in keeping with the rules of Bahrain Nationwide Taskforce for Combating Coronavirus (COVID-19). The Firm was capable of keep secure operations all through 2021 due to its nimble workforce – workers and contractors’ personnel.
For additional particulars, please contact:
Eline Hilal
Director, Investor Relations, Insurance coverage & Company Secretary
Investor Relations Division
E-mail: eline.hilal@alba.com.bh
Web site: www.albasmelter.com
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