December 05, 2016

Aluminium Bahrain B.S.C. (Alba), the Bahrain-based leading international aluminium smelter, announced the appointment of Waleed Tamimi today on Sunday December 4, 2016 as the new Director of Administration.

A Lean Six Sigma Master Black Belt, Waleed comes from a business management background with a stronghold on operational excellence. He joined Alba in 2011 as a Master Black Belt Specialist in the Operational Excellence Department. He was promoted to Manager Operational Excellence in 2013 and then made Manager Strategic Supply & Planning in 2014. Waleed was appointed as the acting Director of Administration in July 2016.

Congratulating Waleed on his appointment, Alba’s Chief Executive Officer Tim Murray said:

“Waleed is another great example of developing people from within the Company. Waleed started his career in Alba as specialist in Operational Excellence and since that time has continued to embrace new opportunities. Waleed is a person who is always ready to go the extra mile and do more than necessary. I am confident that Waleed will raise the bar and deliver excellent results and wish him all the best.”

Waleed has a Master’s degree in Executive Business Administration from the French-Arabian Business School (FABS) as well as a Master’s and Bachelor’s Degree in Industrial Engineering from Wichita State University, Kansas, USA.

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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 960,000 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 early 2019, this Project will boost the smelter’s per-annum production by 540,000 metric tonnes, bringing its total production capacity to around 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.

The Bankable Feasibility Study was completed by Bechtel in December 2014. In June 2015, Alba Board approved the Line 6 Expansion Project and in November 2015, Alba secured the natural gas supply for this Project.

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
Public Relations Officer
Aluminium Bahrain B.S.C. (Alba)
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 2016