Bahrain's Alba posts new production record in 2013

Company chief hails achievement as Alba exceeds 900,000 mtpa for first time in 40-year history
Bahrain's Alba posts new production record in 2013
By Andy Sambidge
Sun 05 Jan 2014 03:19 PM

Aluminium Bahrain announced on Sunday that it achieved a production record of 912,700 metric tonnes per annum (mtpa) in 2013.

The owner of the world's fourth-largest aluminium smelter posted a jump of 22,483 mtpa from the 890,217 mtpa produced in 2012.

A ceremony to mark this milestone was held on Sunday and was attended by Alba's chief executive, Tim Murray, other top executives and members of Alba's Labour Union, management staff and company employees.

Murray said: "Alba was able to exceed 900,000 mtpa for the first time in its 40-year history, which is the result of the dedication of its hard working and loyal employees.

"We feel this increase in productivity is directly linked to the improvement in safety performance.

"As we look into 2014, we expect to go even higher in terms of operational improvements and plant reliability."

In November, Alba swung to a third-quarter net profit on higher sales to Saudi Arabia.

Net profit for the three months to September 30 was BD4.9m ($13 million) versus a net loss of BD13m a year earlier.

Alba's income was boosted by a 7 percent increase in sales to BD183.3m, with strong demand from Saudi Arabia noted, and a 4.7 percent hike in tonnes produced compared to the same months last year.

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