首页|Aluminium Bahrain: Tender for expansion by yr-end
Aluminium Bahrain: Tender for expansion by yr-end
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NSTL
Aluminium Bahrain, or Alba, has put the key elements in place for expansion to 750,000 metric tons annually at its aluminium smelter, company sources said, and a tender for financial investment is expected before year's end. The 1.7 billion dollars project is on schedule for the first metal to be poured in early 2005, and an agreement has been signed with French aluminium and packaging company Pechiney SA for Alba to utilize Pechiney AP30 technology. Alba plans to build a new potline with a 307,000-metrictons-a-year capacity. Taylor de Jongh and Islamic Financial Consultants have been appointed financial advisors for the project, company sources said.