Page 17 - Altogether Magazine Issue 4 English

17 properties, thus affecting the types of products and the as a shareholder in the construction of the World Cup low percentage of waste, in addition to the availability Stadiums, we will take the necessary steps in order to of gas and electricity. contribute to this important sporting event. Is Qatalum ready to provide you with all the required What is your assessment of the aluminum prices at the quantities of raw materials? moment? Qatalum has a strong desire to provide us with all the Prices are, of course, universal, and calculated on the raw materials that we need, and it has a great ability to basis of the London Stock Exchange, and in light of provide us with about 20 times the amount that they this, they are calculated per month. Prices have fallen already give us. Also, they encourage us a lot, urging us dramatically since the global financial crisis in 2008. to export our products abroad. Now they are up to half the price before the crisis, but the difference is not in the price of the product, but the quality factor is the basis of excellence. How do you see the future of aluminum manufacturing in light of the influx of projects which Qatar is witnessing at the moment in preparation for the 2022 World Cup, and those industries relating to the Qatar National Vision 2030? Personally speaking, I am very optimistic about the future of the aluminum manufacturing sector by virtue of the availability of the raw materials and energy in Qatar, and I expect the entry of new competitors into the local market, thus increasing the size of the industry in the future. Also, I expect that the number of aluminium extrusion plants in Qatar will reach five by the year 2017. However, we intend to be involves in the World Cup projects which are so large, as they require the provision of over-sized pistons that fit the size of the projects; therefore, we have held talks with the Olympic Committee in this regard. If we are chosen