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Tag Archives: aluminium

Rusal profits surge despite US sanctions

Russian aluminium giant Rusal’s quarterly profit surged thanks to higher market prices for the metal, despite sanctions imposed by Washington. Recurring net profit of Hong Kong-listed Rusal, the world’s largest aluminium producer outside China, was up 75 per cent from a year ago in the second quarter, but 17 per …

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EGA launches its first sustainability report

Emirates Global Aluminium (EGA) has launched its first sustainability report, charting its progress in emissions, safety, innovation, waste management, social responsibility and community engagement. The firm – the largest non-oil industrial firm in the UAE – said in a press statement that it aspires to be among the world’s leading …

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Talex eyes overseas markets for growth

Most of the products manufactured at the newly-opened Taweelah Aluminium Extrusion Company (Talex) will be exported overseas, according to a top executive of Senaat which has a 50 per cent stake in the company. Talex was inaugurated on Tuesday by Shaikh Sultan Bin Tahnoun Al Nahyan, Member of the executive …

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EGA, Abu Dhabi Ports in deal for efficient shipping

Abu Dhabi Ports will partner with Emirates Global Aluminium to upgrade ports and logistics infrastructure at international ports which EGA uses to load raw materials destined for the UAE. A Memorandum of Understanding in this regard was signed by Capt Mohammad Juma Al Shamsi, Chief Executive Officer of Abu Dhabi …

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