Bahrain's Alba Committed To 2020 Target Of 1.54m Metric Tonnes
Category: General
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Bahrain Bourse-listed Aluminium Bahrain (Alba) – known as the largest smelter in the world outside China – will have a “strong finish” in 2020 by meeting its 2020 Production Target of 1.54 million metric tonnes despite COVID-19 challenges, according to the chairman of the firm’s board of directors, Shaikh Daij Bin Salman bin Daij Al Khalifa.

Alba today held its Board of Directors’ meeting virtually for the Q3 2020, where the board reviewed the reports of the Executive Committee; the Board Audit Committee; and the Nomination, Remuneration, and Corporate Governance Committee.

The firm’s safety initiatives, financial performance-to-date, Titan-Phase IV, operational productivity, as well as the overall market sentiment amidst COVID-19 were discussed during the meeting.


Shaikh Daij Bin Salman bin Daij Al Khalifa said: “As we navigate through this unprecedented time, Alba is reforming itself by capitalising on its safety culture and human assets, increasing its operational resilience and agility, and re-thinking its cost structure.”

The board comprises six directors – including Shaikh Daij bin Salman bin Daij Al Khalifa, Yousif Abdulla Taqi, Suha Karzoon, Shaikh Isa Bin Khalid Al Khalifa, Tim Murray, and Rasha Sabkar – appointed by Bahrain’s Mumtalakat Holding Company.

The three directors appointed by SABIC Industrial Investments Co. (SIIC) are Ahmed Al Duriaan, Iyad Al Garawiand, and Omar Al Amoudi, with one elected director, Mutlaq Al Morished, according to the state-run Bahrain News Agency.

 

SOURCE: CONSTRUCTIONWEEK

29 Sep, 2020 0 616
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