Page 12 - Altogether Magazine Issue 4 English

12 Aluminium will rise because of its capability to reduce the amount of consumed energy, and the Aluminium share of car body components will rise to 20% by 2025. turn weakening the productive industrial projects as a levels of production during the next three years, and whole and preventing diversifying the rules of industrial primary Aluminium production is expected to reach production in the GCC States. up to 5.2 million tons by 2015, a 40% increase on 2012. The GCC States currently depend on five smelters and According to statistics issued by the GCC Aluminium they exert great efforts in order to reach the target Council, levels of primary Aluminium production reached levels of production and maintain their momentum and new highs at the end of 2012, with the UAE Dubal usefulness, by attracting investors to the Aluminium Company topping the list at 1,061,002 metric tons at the manufacturing industry and increasing the Aluminium end of 2012, followed by the Bahraini Alba Company at share in the various industries. 890,217 tons, then the UAE Emal Company with primary Aluminium production up to 800,000 tons. Qatalum Additionally, the countries of the region rely on an was ranked fourth in terms of production at 627,971 expected growth of the global Aluminium industry of tons, followed by Sohar Aluminium Smelter at 360,100 8.4% during 2013, compared to 3.7% for 2012 in China and tons. However, the indicators and levels of production the countries of Asia, North America, Eastern Europe and show that the Gulf production of Aluminium will reach the Middle East. It is reported here that the Aluminium 5 million tons annually by 2015, due to the presence of industry sector retains promising growth prospects five Aluminium smelters in these countries, and good and enjoys continuous government support which is indicators of demand on primary Aluminium products targeted at expanding the sector and offering more locally, regionally and globally. investment opportunities, which would raise the GCC States’ prestige in the global Aluminium industry. It is obvious that the sources of demand are shifting towards the car-industrializing countries which are The unexpected change in the forces of supply and seeing great turnover in production components and demand on the primary Aluminium in the global where Aluminium is replacing iron and other metals, markets is considered one of the major challenges due to its lightness, strength and is being considered an facing the Aluminium industry. The countries of the economic and commercial choice for the automotive region are working to raise the investment values and industry around the world. Moreover, the feasibility of assets of the Aluminium industry sector, according using the Aluminium will rise because of its capability to forecasts and studies of the supply-and-demand to reduce the amount of consumed energy, and the tracks, the expected and current production levels, and Aluminium share of car body components will rise to the current production capacities together with their 20% by 2025. potential growth. This must be done without being able to fully determine the nature and timing of those The Gulf Aluminium-producing States will target rising variables such as productive capacities of countries,