Emirates Aluminium (EMAL) announces the signing of two new liquid metal contracts. The contracts, with local companies, highlighting how EMAL is helping make the UAE’s 2030 Vision a reality through promoting diversification and delivering downstream growth. The two local companies will be based next to the Taweelah based smelter, in the Khalifa Industrial Zone Abu Dhabi (KIZAD).
Saeed Fadhel Al Mazrooei, EMAL’s President and CEO, said: “What this announcement shows is that EMAL is a major driver of economic growth through diversification. Growth in the non oil and gas sector is a key element of the UAE’s 2030 Vision and EMAL is leading the way in ensuring a sustainable economic future for the country. EMAL is delivering real benefits for businesses, our investor partners, for the UAE economy and creating jobs for the local community.”
Contracts, such as those announced, ensure that EMAL remains on track to fulfill the ambitious targets in its business plan. They also ensure that EMAL continues to grow as the UAE’s most significant non oil and gas industrial project.
For EMAL, this is just one step of a series of successes in 2011. From the start of the year EMAL hit full production of 750,000 tonnes of quality, reliable aluminium, and in April EMAL held the official Grand Opening of the Al Taweelah based smelter.
These successes were showcased at last week’s Aluminium Dubai 2011 event, where EMAL was a Diamond Sponsor. With the UAE developing into the new international hub for aluminium production, the event allowed EMAL to showcase its achievements and promote its products and operations to global customers.