Aluminium Bahrain B.S.C (Alba) is proud to be appointed as an approved and licensed Training Provider for the course ‘Managing Safely’ by the Institution of Occupational Safety and Health (IOSH), UK.

The ‘Managing Safely’ course by IOSH is designed to provide managers and supervisors the knowledge and tools required to manage their business environment safely.

Commenting on this occasion, Alba’s Chief Executive Officer Tim Murray said:

“We are proud to be endorsed by IOSH, which is a globally renowned institution in Occupational Safety and Health. This certification will enable us to apply good industry practices in line with Alba’s 2017 expectation of Safety Tomorrowland, leading to better productivity.

I commend our Safety, Health and Environment team on this milestone that will elevate Alba’s Safety culture."

Alba is well-known as one of the top industrial companies in the Region with a strong safety culture. The Company undertakes numerous initiatives such as campaigns and workshops all-year-round to focus on prevention of work-related injuries and illnesses and maintain a high level of safety across the plant

-Ends- 

About Alba:
Aluminium Bahrain B.S.C. (Alba) - one of the largest and modern aluminium smelters in the world - is renowned for its premium grade aluminium products, technological strength and innovative policies, strict environmental guidelines and high track record for safety. Established 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, properzi ingots, and molten aluminium.

Alba is listed on both the Bahrain Bourse and London Stock Exchange, and the Company’s shareholders are Bahrain Mumtalakat Holding Company (69.38%), SABIC Industrial Investment Company (20.62%) and the General Public (10%).

About Line 6 Expansion Project
Alba’s Line 6 Expansion Project is one of the largest brownfield developments in the region. Expected to begin production by January 1st 2019, this Project will boost the smelter’s per-annum production by 540,000 metric tonnes, bringing its total production capacity to 1.5 million metric tonnes per year.

With a CAPEX of approximately US$ 3 billion, the Line 6 Expansion Project involves the construction of a sixth pot line utilising EGA’s proprietary DX+ Ultra Technology, a 1,792 MW power station and other industrial services.

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.  J.P. Morgan, Gulf International Bank (GIB) and National Bank of Bahrain (NBB) are the Financial Advisors for this Project.

In June 2015, Alba Board approved the Line 6 Expansion Project and in November 2015, Alba secured the natural gas supply for this Project.

Alba successfully closed a US$ 1.5 Billion syndicated term-loan facility comprising two tranches: Conventional Facility & and Islamic Facility in October 2016 as well as c. US$ 700 million Export Credit Financing (Euler Hermes and SERV-covered facilities) in July 2017. The Company is looking to secure the second tranche of the Export Credit Agency (ECAs) within the second half of 2017.

The Front End Engineering Design (FEED) study for the Project was completed in the first quarter of 2017 while the construction site-works have started in the second quarter of 2017 and will be completed by September 2017.  Alba has laid the First Concrete in Potline 6 Foundation in May 2017 wherein the concrete foundations will reach 85,000 m3 upon completion by December 2018.

The Line 6 Expansion Project will make Alba the world’s largest single-site aluminium smelter and be a significant economic boost for the Kingdom of Bahrain due to the many co-investment opportunities through local and foreign aluminium investments.

For further details, please contact:
Shreedevi Menon
Corporate Communication Officer
Investor Relations Department
Tel:         (973) 1783 7357 
E-mail:   shreedevi@alba.com.bh
Website: www.albasmelter.com

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© Press Release 2017