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Alba posts gains in sales, output volumes in 2d qtr.

Keywords: Tags  Aluminium Bahrain, aluminum, quarterly sales, aluminum production, Tim Murray, Jethro Wookey


LONDON — Aluminium Bahrain BSC (Alba) saw sales volumes increase in the second quarter after a strong production performance in the first half of the year.

Alba sold 234,891 tonnes of aluminum in the second quarter, up 7 percent from the first quarter and 1.6 percent higher year on year.

"Alba’s overall sales figures continued to gain momentum, thanks to the implementation of a focused marketing strategy on the back of enhanced productivity," chief executive officer Tim Murray said in a statement.

The company’s aluminum production for the quarter totaled 225,313 tonnes, about 1 percent lower than the previous quarter and 1 percent higher year on year. That put first-half production at 452,727 tonnes, up 2.1 percent from 443,533 tonnes in the same 2012 period.

The share of value-added products in Alba’s figures for the first half of the year was 66 percent. Alba is targeting a value-added product share of 70 percent of sales.

Alba sells about 70 percent of its production in the Middle East, with about 16 percent going into Asian markets and slightly more than 10 percent in Europe. The remainder goes to North America.

Murray told delegates at AMM’s Aluminum Summit in New York last month that the company could cut volumes sold in the Middle East so it could boost volumes sold into North America (amm.com, June 21). 

A version of this article was first published in AMM sister publication Metal Bulletin.


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