Al Baqali participated as a keynote speaker along with industry leaders in the Executive Group discussion on September 14.
Alba CEO Ali Al Baqali is leading the company’s delegation to Fastmarkets’ “International Aluminium 2022” convention to be held from September thirteen to 15, 2022 at the InterContinental in Barcelona, Spain.
Al Baqali participated as a keynote speaker along with other industry leaders at the Executive Roundtable on September 14, where he highlighted the various projects under Alba’s ESG roadmap for Bahrain’s net zero emissions targets through 2060, which come with the addition of block four to the power plant. five that will help reduce the Corporation’s overall GHG emissions. The panel also discussed the conversion of market dynamics, the perspective of the regional industry, as well as strategic investment considerations in a low-carbon world.
Alba’s delegation for the occasion was composed of purchasing director Waleed Tamimi, marketing director Boris Santosi and Alba sales managers in Zurich, Switzerland.
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About Aluminium Bahrain B. S. C. (dawn)
[Symbol: ALBH]
With more than 1,561 million metrics consistent with the year (2021), Alba is one of the largest aluminum smelters in the world with more than 50 years of excellence in compliance with conditions, safety, environment and socioeconomic development.
A major asset of the Kingdom of Bahrain, Alba ended five decades of business operations in May 2021. The company marked its Golden Jubilee breaking all past records and surpassed 30 million hours of lost time work (LTI) on September 1. 2022 for the first time in its history.
Alba manufactures aluminium products in the form of popular value-added products (VAPs), which it exports to more than 240 global consumers through its sales offices in Europe (Zurich), Asia (Hong Kong and Singapore) and its subsidiary in the United States. States. Alba is indexed on the Bahrain Stock Exchange and the London Stock Exchange and its shareholders are Bahrain Mumtalakat Holding Company B. S. C. © (69. 38%), SABIC Industrial Investment Company (SIIC) (20. 62%) and Consumer (10%). Alba has globally identified certifications such as ISO 9001, ISO 14001, ISO 27001, ISO 45001, IATF 16949:2016, ISO 22301:2012 Business Continuity Management System (BCMS) and ASI Pershapeance Standard Certification and Ecovadis Certification.
As the first aluminum smelter in the Middle East, Alba has been a major contributor to the social, commercial and economic progress of the Kingdom of Bahrain. Alba is at the centre of Bahrain’s thriving downstream aluminium sector, which accounts for around 12% of the Kingdom’s GDP. As one of the largest domestic companies, Alba has ensured not only the employment of Bahraini citizens (84% in 2021), but also capacity building through education, education and progression projects at each and every level of their careers.
Alba is identified as one of the most productive business corporations in the world with the best criteria in environmental practices, social contribution and corporate governance. Launched in February 2022, the company’s ESG roadmap defines 6 spaces of precedence: (1) Decarbonization, (2) Green Energy and Aluminum, (3) Circular Economy and Secondary Aluminum, (4) Employee Well-being, (5) Collaboration and Partnership, and (6) Transparency, Communication and Due Diligence. Since its creation, Alba has invested in environmental and sustainable progression. and socio-economic projects that have had a positive impact on society. Alba’s recent projects, such as the first US$37. 5 million waste-free tank repair plant and the upcoming 5-7 MW solar farm project, are tangible efforts to achieve the goals of Bahrain’s Economic Vision for 2030, as well as net zero carbon targets led through His Royal Highness the Crown Prince and the Prime Minister of Bahrain. Alba will play a very important role in the upcoming Aluminiu m Downstream Park, which will increase the contribution of non-oil sectors to Bahrain’s GDP.
Alba’s motto “Safety First, Protection Always” has ensured that the protection and well-being of its workers and the workforce of its subcontractors remains a very sensible priority. The company has been recognized worldwide for its fair record of protection and fitness. with awards such as the RoSPA Gold Award (9 consecutive years) and the International Award with Merit from the British Safety Council, as well as six main awards from the National Safety Council (NSC) USA Awards for 2021. Alba has also been identified for her projects to produce aluminium responsibly through awards such as Top ESG Performer in Bahrain through ESG Invest, Safeguard Label through Bureau Veritas and Best Corporate Governance Award through Ethical Boardroom.
Expansion Project of Block Four of the Alba cinco Power Plant
Alba Power Station five (PSfive) Block four is a combined cycle power plant that is an extension of the existing PSfive.
The PS5 Block Four assignment is the addition of a fourth 1:1:1 configuration block with Class J fuel turbine generation and with a minimum ISO score of 680. 9 MW and includes a connection to the existing 220 kV substation. The combined cycle plant is much higher than that of the PS3 and PSfour combined cycle plants. Upon completion of the PS5 Block 4 expansion allocation, PS5’s rated capacity will increase from 1800 MW to 2481 MW.
The Mitsubishi Energy Consortium
Alba’s external mechanism
Alba’s external grievance mechanism receives and facilitates the resolution of affected communities’ considerations and grievances related to environmental and social functionality (E
Alba’s reaction to the COVID-19 pandemic
Alba’s COVID-19 reaction strategy was introduced in January 2020 in accordance with the rules of Bahrain’s National Coronavirus (COVID-19) Working Group. The company was able to maintain safe operations in 2021 thanks to its agile workforce: workers and subcontractor staff. .
For more information, please contact: Eline Hilal Director, Investor Relations, Insurance
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