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Aluminium Bahrain B.S.C. (Alba), the Bahrain-based aluminium smelter, is pleased to announce that the optimization process of Line 6 Expansion Project has been concluded with the completion of the Front End Engineering Design (FEED) study in the first quarter of 2017.
The FEED Study was led by International Bechtel Co. Ltd. (Bechtel) which was appointed as the Engineering, Procurement, Construction and Management (EPCM) Contractor for Line 6 Expansion Project in mid-April 2016. The FEED study was conducted in Bahrain with the deployment of Bechtel’s core team and key personnel in Line 6 Project offices at the Alba site and was supported with a larger engineering and procurement team based in its New Delhi office.
Speaking on this milestone, Alba’s Chairman of Board of Directors Shaikh Daij Bin Salman Bin Daij Al Khalifa said:
“Line 6 Expansion Project is no longer a blue-print, but a reality.
We are very pleased with advancing Line 6 Expansion Project and expediting the construction phase to be on schedule.”
With the completion of the FEED study, many value-added initiatives were identified which in turn will optimize the safe delivery of Line 6 Expansion Project on schedule and within the budget.
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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 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 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.
© Press Release 2017
