LONDON Value-added products accounted for 66 percent of Aluminium Bahrain BSCs (Albas) first-quarter sales, up from 62 percent in the same year-ago period, the company said.
This moves the company closer to its long-term goal of having value-added products make up 70 percent of its sales, Askar, Bahrain-based Alba said.
The company produced 227,414 tonnes of aluminum in the first quarter, up from 220,738 tonnes in the corresponding period last year. Sales reached 219,537 tonnes, up from 214,891 tonnes in the same comparison.
"We are pleased with the higher overall figures for sales and production, ahead of the companys own forecast for the period, thanks to a focused marketing strategy and a sustained focus on enhancing productivity," chief executive officer Tim Murray said in a statement.
A version of this article was first published by AMM sister publication Metal Bulletin.