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BIAS 2016, held under the patronage of His Majesty King Hamad bin Isa Al Khalifa, King of Bahrain, will take place from January 21 to 23, 2016.
The signing ceremony was held between Alba's CEO Tim Murray and His Excellency Ahmed Al-Nemah, Acting Undersecretary of Civil Aviation Affairs at Ministry of Transportation and Telecommunications.
Aluminium Bahrain B.S.C, a leading national company in Bahrain and a top aluminium smelter in the world, is the gold sponsor for one of Bahrain's most significant events - Bahrain International Air Show (BIAS) 2016 - to be held from January 21 to 23, 2016 at the Sakhir Airbase in the Kingdom of Bahrain.
BIAS 2016, held under the patronage of His Majesty King Hamad bin Isa Al Khalifa, King of Bahrain, and under the direction of His Highness Shaikh Abdullah bin Hamad Al-Khalifa, the Personal Representative of His Majesty the King and the Chairman of the Supreme Organising Committee of BIAS, is organised by the Ministry of Transportation and Telecommunications and Royal Bahraini Air Force and in cooperation with Farnborough International Ltd.
Alba's Chief Executive Officer, Tim Murray said:
"Alba is proud to back this prominent event, which raises Bahrain's profile at an international level, and adds value to the Kingdom's aviation sector. Our support highlights the Company's confidence in Bahrain as a key hub for the global aviation industry."
His Excellency Ahmed Al-Nemah, Acting Undersecretary of Civil Aviation Affairs at the Ministry of Transportation and Telecommunications (MTT) and a member of the Supreme Organising Committee of the Bahrain International Air Show (BIAS) was present during the signing ceremony and expressed his thanks to Alba for its continued support and cooperation in making this event a success.
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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 931,000 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:
Line 6 Expansion Project, expected to begin production by early 2019, will boost the per-annum production by 514,000 metric tonnes, bringing the total production capacity of Alba to around 1.450 million metric tonnes per year.
Bechtel Canada completed the Bankable Feasibility study for the $3.5 billion Line 6 Expansion Project in December 2014. DX+ Technology is selected as the base for Line 6, while J.P. Morgan, Gulf International Bank (GIB) and National Bank of Bahrain (NBB) are the Financial Advisors of the Project.
The Line 6 Expansion Project will enhance the downstream industry by creating many co-investment opportunities through local and foreign aluminium investments. It will create hundreds of jobs, directly and indirectly, which will be a significant economic boost for the Kingdom of Bahrain.
For further details, please contact:
Shreedevi Menon
Public Relations
Tel: (973) 1783 7357
Fax: (973) 1791 1105
E-mail: shreedevi@alba.com.bh
Website: www.albasmelter.com.bh
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© Press Release 2015
