Emirates Aluminium's Phase 2 potline project will turn the company into the world's fifth-largest aluminium producer. Christopher Pike / The National
Emirates Aluminium's Phase 2 potline project will turn the company into the world's fifth-largest aluminium producer. Christopher Pike / The National

Emal keen to expand further at Kizad



Emirates Aluminium is eying further growth at its site in the Khalifa Industrial Zone Abu Dhabi (Kizad) even as its first expansion project is still under way.

The company, known as Emal, is adding a potline to its smelter complex that will increase capacity from 800,000 tonnes a year (t/y) to 1.3 million t/y. The Phase 2 project is slated for commissioning this December, but the next expansion after that is already envisaged.

"We are hoping that our success with Phase 1 and Phase 2 will provide us with the basis to develop a bigger plant," said Saeed Fadhel Al Mazrooei, Emal's chief executive.

Phase 2 will turn Emal - a joint venture between the Abu Dhabi strategic investment company Mubadala Development and Dubai Aluminium (Dubal) - into the world's fifth-largest aluminium producer.

Further expansion is justified by a bullish outlook on demand for the metal.

"The international market is growing. There is growth in many countries … this demand has to grow," said Mr Al Mazrooei.

He expects global demand to rise from 46 million t/y now to about 60 million t/y in 2015. He did not provide details about the size and the timing of the next expansion project.

The UAE is already the region's largest supplier of aluminium with an output of 1.7 million t/y - the combined production of Dubal and Emal. Of this, only about 200,000 tonnes is sold into the domestic market, with the rest finding its way to Asia, Europe and the United States.

Emal plans to complete the US$3.8 billion Phase 2 expansion ahead of schedule. The project is more than 50 per cent complete, and the first aluminium from the new potline is scheduled for December 2. Full production capacity should be reached in the second quarter of next year.

"We are looking for opportunities to move that forward," Yousuf Bastaki, Emal's vice president of projects, said of the December deadline.

The UAE's growing smelter capacity requires larger supplies of raw materials. Aluminium is produced from alumina, which is derived from bauxite. Mubadala in November bought a stake in a bauxite mine in Guinea, the world's largest supplier, to secure access to the raw material.

The mine will help to meet Emal's increased demand.

"I'm hoping it will feed Emal, as well as Dubal. It is a good opportunity for us to secure part of our needs," said Mr Mazrooei.

Emal completed the financing for Phase 2 last month, raising $3.4bn in loans, of which $475 million represented Islamic products.

It is one of the anchor tenants of Kizad in Taweelah, and Emal's smelters are intended to attract downstream industries to the zone, which was completed last year.

So far, it has signed three memorandums of understanding for aluminium supplies in the zone, and two more agreements are imminent, said Mr Mazrooei.

The specs: 2017 Dodge Viper SRT

Price, base / as tested Dh460,000

Engine 8.4L V10

Transmission Six-speed manual

Power 645hp @ 6,200rpm

Torque 813Nm @ 5,000rpm

Fuel economy, combined 16.8L / 100km

Company profile

Company name: Fasset
Started: 2019
Founders: Mohammad Raafi Hossain, Daniel Ahmed
Based: Dubai
Sector: FinTech
Initial investment: $2.45 million
Current number of staff: 86
Investment stage: Pre-series B
Investors: Investcorp, Liberty City Ventures, Fatima Gobi Ventures, Primal Capital, Wealthwell Ventures, FHS Capital, VN2 Capital, local family offices

A QUIET PLACE

Starring: Lupita Nyong'o, Joseph Quinn, Djimon Hounsou

Director: Michael Sarnoski

Rating: 4/5

What went into the film

25 visual effects (VFX) studios

2,150 VFX shots in a film with 2,500 shots

1,000 VFX artists

3,000 technicians

10 Concept artists, 25 3D designers

New sound technology, named 4D SRL

 

Results

Male 51kg Round 1

Dias Karmanov (KAZ) beat Mabrook Rasea (YEM) by points 2-1.

Male 54kg Round 1

Yelaman Sayassatov (KAZ) beat Chen Huang (TPE) TKO Round 1; Huynh Hoang Phi (VIE) beat Fahad Anakkayi (IND) RSC Round 2; ​​​​​​​Qais Al Jamal (JOR) beat Man Long Ng (MAC) by points 3-0; ​​​​​​​Ayad Albadr (IRQ) beat Yashar Yazdani (IRI) by points 2-1.

Male 57kg Round 1

Natthawat Suzikong (THA) beat Abdallah Ondash (LBN) by points 3-0; Almaz Sarsembekov (KAZ) beat Ahmed Al Jubainawi (IRQ) by points 2-1; Hamed Almatari (YEM) beat Nasser Al Rugheeb (KUW) by points 3-0; Zakaria El Jamari (UAE) beat Yu Xi Chen (TPE) by points 3-0.

Men 86kg Round 1

Ahmad Bahman (UAE) beat Mohammad Al Khatib (PAL) by points 2-1

​​​​​​​Men 63.5kg Round 1

Noureddin Samir (UAE) beat Polash Chakma (BAN) RSC Round 1.

Female 45kg quarter finals

Narges Mohammadpour (IRI) beat Yuen Wai Chan (HKG) by points.

Female 48kg quarter finals

Szi Ki Wong (HKG) beat Dimple Vaishnav (IND) RSC round 2; Thanawan Thongduang (THA) beat Nastaran Soori (IRI) by points; Shabnam Hussain Zada (AFG) beat Tzu Ching Lin (TPE) by points.

Female 57kg quarter finals

Nguyen Thi Nguyet (VIE) beat Anisha Shetty (IND) by points 2-1; Areeya Sahot (THA) beat Dana Al Mayyal (KUW) RSC Round 1; Sara Idriss (LBN) beat Ching Yee Tsang (HKG) by points 3-0.