Aluminium Bahrain B.S.C. Reports Sales and Production Results for the Fourth Quarter and Full Year of 2017; Provides Production Guidance for the Year 2018
January 10, 2018 at 01:25 pm
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Aluminium Bahrain B.S.C. reported sales and production results for the fourth quarter and full year of 2017. For the quarter, sales volume spiked by 8% year-over-year to reach 277,567 mt versus 256,445 mt for the same period in 2016 while production surged by 9% year-over-year to 274,147 mt, versus 250,670 mt in the fourth quarter of 2016.
The company reported sales volume of 978,195 metric tonnes (mt) for the full-year of 2017, up by 0.4% year-over-year, versus 974,014 mt in 2016 while Production topped 981,016 mt as compared to 971,420 mt in 2016, up by 1% year-over-year, despite the power outage incident in April 2017.
As the company move forward in 2018, the company remains focused to achieve another breakthrough in their production as they target 1 million metric tonne.
Aluminium Bahrain BSC (Alba) is a Bahrain-based company engaged in manufacturing aluminum and aluminum related products. The Company produces more than 890,000 metric tons annually and exports its production to regional and international customers in the Middle East, Europe, Far East, South East Asia, Africa and North America. Albaâs products include standard and T-ingot, extrusion billets, rolling slab, propertzi ingots, and molten aluminum. Alba plant comprises five reduction lines, three cast houses, a dedicated carbon plant, a 550,000 metric tons per annum (mtpa) coke calcining plant, a water desalination plant, 11 fume treatment plants, a marine terminal, and a 2.225 megawatt (MW) power plant, consisting of four power stations. Its main shareholder is Bahrain Mumtalakat Holding Company (69.38%).
Aluminium Bahrain B.S.C. Reports Sales and Production Results for the Fourth Quarter and Full Year of 2017; Provides Production Guidance for the Year 2018
ALUMINIUM BAHRAIN B.S.C. 
