Emirates Global Aluminium, the largest industrial company in the United Arab Emirates outside oil and gas, today announced that it achieved cost savings of AED 20.8 million through its suggestion scheme during the first half of the year. Since January 2019, EGA employees have put forward over 14,000 ideas to reduce costs and improve processes at worksites. The company also launched a campaign during the Holy Month of Ramadan that aimed to accelerate the implementation and awarding of creative suggestions generated by employees. During the month, suggestors, supervisors and teams involved in implementing suggestions were recognised for their contributions. Some 5,812 employee suggestions were implemented during the month – 41 percent of the overall number of suggestions submitted in 2019 so far.
Abdulla Kalban, Managing Director and Chief Executive Officer of EGA, said: “Continuous improvement is an ongoing commitment at EGA and is a responsibility for everyone in the company. We believe that employees who work on daily work processes can present the most valuable suggestions to improving them, helping us to develop and maintain global competitiveness. The results of the Ramadan campaign clearly show the success that is achievable through our scheme and we commend everyone who took part.”
EGA has operated an employee suggestion scheme since 1981. Last year, nearly AED 50 million worth of savings were generated through a record 38,037 proposals submitted.
Since 1999, EGA has received nearly 500,000 suggestions for operational and technical improvements, out of which 270,000 have been implemented to generate savings of AED 366 million. Their achievements are also recognised within the company every month and at annual events.
Contacts at EGA:
056 3111 536
Fatima Al Mutawa
050 327 7545
Emirates Global Aluminium is equally-owned by Mubadala Investment Company of Abu Dhabi and the Investment Corporation of Dubai.
It is the largest industrial company in the United Arab Emirates outside the oil and gas industry, and the largest company jointly owned by the two Emirates.
EGA’s aluminium is the second largest made-in-the UAE export after oil and gas. In 2017, EGA produced 2.6 million tonnes of cast metal. EGA is the only UAE producer and makes the UAE the fifth largest aluminium producing nation in the world.
EGA has more than 350 customers in over 60 countries. About 80 per cent of EGA’s production is value added products, one of the highest proportions of any aluminium company in the world.
EGA’s aluminium is primarily used in the construction, automotive, packaging, aerospace and electronics industries.
Over 10 per cent of EGA’s production is sold in the UAE to around 26 downstream aluminium companies that make products with EGA’s aluminium. The growing broader aluminium sector in the UAE supports 60,950 jobs.
EGA itself employs over 7,000 of these people including almost 1,200 UAE Nationals.
EGA has focused on technology development for over 25 years. EGA has used its own technology for every smelter expansion since the 1990s and has retrofitted all its older production lines. In 2016 EGA became the first UAE industrial company to licence its core industrial process technology internationally.
As a corporate citizen of the UAE, Emirates Global Aluminium aspires in all its operations to be measured amongst the world’s leading metals and mining companies in meeting its environmental and social responsibilities.
In 2017, EGA became the first Middle East headquartered company to join the Aluminium Stewardship Initiative, a global programme to foster greater sustainability and transparency in the aluminium industry.
EGA was formed in 2014 through the merger of Dubai Aluminium and Emirates Aluminium.
DUBAL’s Jebel Ali aluminium smelter began production in 1979. At almost five square kilometres, EGA’s Jebel Ali site is five times bigger than Dubai Mall.
EMAL started production in 2009 and its Al Taweelah aluminium smelter was the largest single-site aluminium smelter in the world when completed. EGA’s Al Taweelah site is five times bigger than Al Maryah Island at six square kilometres.
EGA has its own power stations at both sites, producing electricity to meet its needs. EGA’s electricity generation capacity is 5,450 megawatts, making EGA the third largest electricity generator in the UAE after the Dubai Electricity and Water Authority and the Abu Dhabi Water and Electricity Authority.
EGA also produces water through desalination units at its power plants. In addition to meeting its own water requirements, EGA supplies 1.5 per cent of the water needs of Dubai as well as commercial water customers and bottlers.
Today EGA is expanding upstream and internationally to secure the natural resources the UAE’s aluminium industry needs and create new revenue streams.
EGA’s wholly-owned subsidiary Guinea Alumina Corporation is building a bauxite mine and associated export infrastructure in the Republic of Guinea in West Africa, in one of the largest greenfield investments in that country in over 40 years.
In the UAE, EGA is building the country’s first alumina refinery at Al Taweelah. The project will reduce the UAE’s dependence on imported alumina and supply 75 per cent of the Al Taweelah smelter’s needs.
For more information on EGA please visit www.ega.ae.
© Press Release 2019