Bahrain's Alba posts 3.3% sales increase in 2013

Aluminium Bahrain's sales growth comes on the back of new production record last year
Bahrain's Alba posts 3.3% sales increase in 2013
By Andy Sambidge
Tue 14 Jan 2014 05:33 PM

Aluminium Bahrain, also known as Alba, said on Tuesday that sales rose by more than three years in 2013, ahead of its own forecast.

The owner of the world's fourth-largest aluminium smelter said in a statement that sales figures for the year rose by 3.3 percent year-on-year to 919,722 metric tonnes (mt).

For the fourth quarter of 2013, sales figures stretched to 237,534 mt - a 5.2 percent increase versus 225,740 mt in Q4 2012, the company added.

Alba's chief executive, Tim Murray, said: "Alba continues to raise the bar and was able to deliver stretch targets amid tough market conditions.

"As we move towards 2014, we remain committed to always find ways to further improve our underlining performance and plant reliability."

Last week, Alba announced that it achieved a production record of 912,700 metric tonnes per annum (mtpa) in 2013.

The company posted a jump of 22,483 mtpa from the 890,217 mtpa produced in 2012.

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