Alba to focus on future growth opportunities
Manama, June 11, 2014
Aluminium Bahrain (Alba), - one of the world’s leading smelters, continues to look forward and focus on future growth strategies, said a senior official.
“Alba remains committed to accelerate our efforts on Project Titan to ensure we remain cost competitive. In addition I commend all employees for their efforts on Safety with Alba recently achieving 3 million hours without an LTI,” remarked the chairman of Alba’s board, Shaikh Daij Bin Salman Bin Daij Al Khalifa, while speaking after the second quarterly meeting held on Wednesday.
A presentation on the progress of the Line 6 Bankable Feasibly Study was also given during the meeting.
The board also studied the reports of the executive committee, board audit committee, and the nomination and
Updates were also given to other items of the Management Report including Safety, overall financial performance and capital projects to improve plant reliability.
The Alba board has also agreed on the dates for the upcoming committees as well as Board’s Meetings for 2014.
The board comprises six directors appointed by Bahrain Mumtalakat Holding Company, which in addition to the chairman Shaikh Daij Bin Salman Bin Daij Al Khalifa; include Yousif Abdulla Taqi, Osama Mohammed Al Arrayedh, Fahad Nasser Al-Hazzani, Dr. Mohamed Kameshki and Tony Robinson (Anthony Lee Robinson).
The two directors appointed by Sabic Industrial Investments Co (SIIC) are Mutlaq Hamad Al Morished, Fahad S. Al Sheaibi and the independent director, Abdul Aziz Al Humaid.
Shaikh Daij expressed his thanks and appreciation to the government led by His Majesty King Hamad bin Isa Al Khalifa, His Royal Highness the Prime Minister Prince Khalifa bin Salman Al Khalifa, and His Royal Highness the Crown Prince, Deputy Supreme Commander and First Deputy Prime Minister, Prince Salman bin Hamad Al Khalifa.
He also expressed his gratitude for the continuous support of the Kingdom of Saudi Arabia and the Custodian of the Two Holy Mosques King Abdullah bin Abdul-Aziz Al Saud.
The meeting was attended by Alba’s Senior Executive Management Team as well as other company officials.-Traderabia News Service