Quotes: MENA   Enter Symbol: NewsLetter: Search: advanced

UAE- EGA ready for growing EU demand for aluminium  Join our daily free Newsletter

MENAFN - Khaleej Times - 22/06/2014
No. of Ratings : 0
Add to Mixx!



(MENAFN - Khaleej Times) A jointly-owned aluminium conglomerate formed by mubadala development corporation of abu dhabi and investment corporation of dubai through combining their aluminium industry assets.

the emirates global aluminium’s delegation at the 10th metef international aluminium exhibition. — supplied photo

the uae’s reputation as an emerging giant in the global aluminium industry and a key supplier to european markets has been enhanced by the attendance of emirates global aluminium (ega) at the 10th metef international aluminium exhibition which was held in verona (italy) from june 11-13 2014.

a jointly-owned aluminium conglomerate formed by mubadala development corporation of abu dhabi and investment corporation of dubai through combining their aluminium industry assets ega’s core operating subsidiaries are dubai aluminium (dubal) and emirates aluminium (emal). ega’s presence at the biannual metef exhibition for the first time as a single entity drew interest from a range of industry stakeholders looking for insight into the new business entity and how its state-of-the-art facilities sustainable practices quality product portfolio and advanced technologies could add value to the growing european market.

according to walid al attar chief marketing officer at ega building brand awareness in the european market is a vital part of ega’s growth strategy as the european union needs to import approximately 60 per cent of its primary aluminium requirements. in 2013 ega shipped nearly a quarter of its production to the region and this is set to grow in the coming years.

“our products are used extensively by the eu’s automotive and aerospace industries and demand is on the rise. with emal phase two having been fully commissioned since mid-june this year our total production capacity has increased to 2.4 million tonnes per year which not only puts us among the top five aluminium producers in the world outside china but gives us the ability to service this growing market” said al attar.

ega also used its exhibition stand at metef 2014 to highlight its ideal location to serve europe and its specialised portfolio. ega already has dedicated offices in zurich and milan and supports this presence with a comprehensive infrastructure of discharge port facilities and warehouses that enable timely deliveries to aluminium end-users.


 


Khaleej Times




  MENA News Headlines
 May 30 2015 - Etihad Airways profits double to USD73m in 2014MENAFN
(MENAFN) Etihad Airways said its profit rose by more than half to USD73 million last year as it carried more passengers and used its stakes in other airlines, Arab News reported.The government-backed ...

 May 30 2015 - Saudi's SAMA net assets down to USD678.8b in AprilMENAFN
(MENAFN) Net foreign assets at Saudi Arabian Monetary Agency fell to USD678.8 billion in April, down by USD11.8 billion or 1.7 percent from March, Arab News reported.Assets dropped 6.8 percent from a ...

 May 30 2015 - Oman to invest USD7b in Indonesia projectMENAFN
(MENAFN) Oman has committed to invest USD7 billion to build oil storage facilities, a petrochemical plant and a refinery in Indonesia, Arab News reported.Oman also agreed to supply crude oil to the ...

 May 30 2015 - Qatar- Preparations for 2022 World Cup to continueThe Peninsula
(MENAFN - The Peninsula) Qatar yesterday defended its successful bid for the 2022 Fifa World Cup and said it was moving forward with preparations to host the event. Qatar will "cooperate fully with ...

 May 30 2015 - IS seizes control of airport in Libya's Sirte: Tripoli govtThe Peninsula
(MENAFN - The Peninsula) The Islamic State jihadist group has seized control of the airport in the city of Sirte after forces of a Tripoli-based Libyan government withdrew, a spokesman said Friday. ...

 May 30 2015 - 4 dead as Saudi 'foils' attack on Shiite mosque: ministryThe Peninsula
(MENAFN - The Peninsula) A car blast outside a Saudi mosque during Friday prayers killed four people, including its driver, in an attack that was "foiled" by the authorities, the interior ministry ...

 May 30 2015 - Iraq- 85,000 flee Ramadi since IS capture: UNThe Peninsula
(MENAFN - The Peninsula) Around 85,000 people have fled Ramadi since the Islamic State group captured the Iraqi provincial capital two weeks ago, the UN said Friday, warning that Iraqi authorities ...

 May 30 2015 - IS bombs second Saudi Shiite mosque, killing 3The Peninsula
(MENAFN - The Peninsula) An Islamic State jihadist killed three people Friday when he blew himself up in a car outside a Shiite mosque in Saudi Arabia, the second such attack in a week. The bombing, ...

 May 30 2015 - Huthi rebels kill Yemen capital's governor: relativesThe Peninsula
(MENAFN - The Peninsula) Yemen's Shiite Huthi rebels have killed the capital's governor in clashes that erupted during an attempt to detain him, his relatives said Friday. Sanaa governor Abdulghani ...

 May 30 2015 - Yemen's Saleh says Saudi offered him 'millions' to fight HuthisThe Peninsula
(MENAFN - The Peninsula) Yemen's ex-president Ali Abdullah Saleh said in an interview broadcast Friday he had rejected "millions of dollars" Saudi Arabia offered him if he stood up to the Shiite ...

more...


 






Google

 
 

Middle East North Africa - Financial Network

MENAFN News Market Data Countries Tools Section  
 

Middle East North Africa - Financial Network
Arabic MENAFN

Main News
News By Industry
News By Country

Islamic Finance News
Private Equity News

How-To Guides
Technology Section

Travel Section

Search News

Market Indices
Quotes & Charts

Global Indices
Arab Indices

Commodoties

Oil & Energy

Currencies Cross Rates
Currencies Updates
Currency Converter

USA Stocks
Arab Stocks
 

Algeria 
Bahrain 
Egypt 
Iraq
Jordan 
Kuwait 
Lebanon
Morocco 
Oman 
Palestine
Qatar 
Saudi Arabia 
Syria
Tunisia 
UAE 
Yemen

Weather
Economic Calendar
Financial Glossary


Financial Calculators

RSS Feeds [XML]

Corporate Monitor

Events

Real Estate
Submit Your Property

Arab Research
Buy a Research

Press Releases
Submit your PR

Join Newsletters


 
© 2014 menafn.com All Rights Reserved.  Terms of Service | Privacy Policy | Contact Us | Advertise | About MENAFN | Career Opportunities | Feedback | Help