Page 13 - Altogether Magazine Issue 5 English
P. 13
Local markets in Qatar, Saudi Arabia and the UAE are expected
to have the biggest share of Aluminum products. The
availability of natural gas in Qatar will boost industry, therein
reducing production costs and providing the finance required
to construct smelters and support transformation industries.
commencing, encourage the plans new markets also signals growing It is now positive that the Aluminium
of the GCCs to proceed with rapid production being planned. industry is well connected to
growth. Taken together, these The Aluminium industry in the improved and diversified uses of this
factors will drive internal demand area aims to remain competitive substance. Advanced technology
for Aluminium products in the GCCs in parallel with the evolution is another viable driver to increase
for more than 10 years to come. and utilization of the industry demand in this field. The Aluminium
Local markets in Qatar, Saudi Arabia internationally. GCCs now have industry in the gulf region heavily
and the UAE are expected to have to maintain their foreign market relies on booming technology and
the biggest share of Aluminum shares, preparing for the era communication sectors to grow
products. The availability of natural post to completing their current demand for Aluminium in the long
gas in Qatar will boost industry, local projects. Most importantly, run. Such booms play a part in raising
therein reducing production costs GCCs need to stabilize their the current prices, considering that
and providing the finance required competitiveness abroad, given growth in international demand for
to construct smelters and support that the capital intensity of the Aluminium correlates to growth in
transformation industries. Likewise, Aluminium industry does not emerging economies, coexisting with
the availability of Aluminium ore take any retreat whether in local vast reliance on Aluminium in the
bauxitein in Saudi Arabia allows raw or international demand above electricity and electro-mechanics
materials to be secured at a low cost. what is being predicted; nor industries where Aluminium replaces
The Aluminium industry is expanding can it survive under fluctuating expensive copper.
in GCCs overall, given the growing upheavals in production cost. Moreover, the increasing demand
number of smelters and their rising Given these facts, it is predicted for Aluminium is evident in the
production levels and capabilities. that the Aluminium industry will manufacturing vehicle structures
GCCs are also exerting more efforts globally accelerate towards more and heavy industries. Importantly,
to launch to new markets. mergers and acquisitions in the the Aluminium industry in the Gulf
Gulf smelters in this regard achieved coming years, improving its ability region realizes the significance of
a notable production level. Qatar, to withstand market turmoil, new applications and innovative
for example, achieved 630,000 MT improve its productivity to eliminate products to sustain demand, as can
in 2013; Dubai Aluminium Company costly surpluses, and intensify cost be seen recently with the promotion
(DUBAL) recorded 132,000 MT; while reduction. Demand, supply and world of vehicle manufacturing in the area,
Emirates Aluminium Company (Emal) economic trends have to be properly endeavoring to utilize Aluminium
recorded 816,000 MT production. considered when production raising supplies. With these capabilities,
Aluminium Bahrain (Alba) recorded plans are designed. In addition, the Aluminium industry in the Gulf
912,700 MT and Sohar Aluminium a comprehensive evaluation of now operates with vast potential
Smelter recorded 354 MT in 2013. The related global markets, competitive to increase the production of raw
aggregate production of Aluminium advantages, and economic-related Aluminium. More investments in
in the GCCs is expected to continue factor analysis have to be performed the future are anticipated to support
growing to 5 million tons in 2015. together to achieve this purpose. the industry and achieve short and
Such predictions reflects vast current Strategies properly intimated with long term objectives for operators,
and future investments, as well as the surrounding environment are potential investors and for the state
the competitive advantage which equally significant to promote a governments.
Gulf Aluminium products have successful industry and attract Concluded,
attained universally. The launch of investments.
13
to have the biggest share of Aluminum products. The
availability of natural gas in Qatar will boost industry, therein
reducing production costs and providing the finance required
to construct smelters and support transformation industries.
commencing, encourage the plans new markets also signals growing It is now positive that the Aluminium
of the GCCs to proceed with rapid production being planned. industry is well connected to
growth. Taken together, these The Aluminium industry in the improved and diversified uses of this
factors will drive internal demand area aims to remain competitive substance. Advanced technology
for Aluminium products in the GCCs in parallel with the evolution is another viable driver to increase
for more than 10 years to come. and utilization of the industry demand in this field. The Aluminium
Local markets in Qatar, Saudi Arabia internationally. GCCs now have industry in the gulf region heavily
and the UAE are expected to have to maintain their foreign market relies on booming technology and
the biggest share of Aluminum shares, preparing for the era communication sectors to grow
products. The availability of natural post to completing their current demand for Aluminium in the long
gas in Qatar will boost industry, local projects. Most importantly, run. Such booms play a part in raising
therein reducing production costs GCCs need to stabilize their the current prices, considering that
and providing the finance required competitiveness abroad, given growth in international demand for
to construct smelters and support that the capital intensity of the Aluminium correlates to growth in
transformation industries. Likewise, Aluminium industry does not emerging economies, coexisting with
the availability of Aluminium ore take any retreat whether in local vast reliance on Aluminium in the
bauxitein in Saudi Arabia allows raw or international demand above electricity and electro-mechanics
materials to be secured at a low cost. what is being predicted; nor industries where Aluminium replaces
The Aluminium industry is expanding can it survive under fluctuating expensive copper.
in GCCs overall, given the growing upheavals in production cost. Moreover, the increasing demand
number of smelters and their rising Given these facts, it is predicted for Aluminium is evident in the
production levels and capabilities. that the Aluminium industry will manufacturing vehicle structures
GCCs are also exerting more efforts globally accelerate towards more and heavy industries. Importantly,
to launch to new markets. mergers and acquisitions in the the Aluminium industry in the Gulf
Gulf smelters in this regard achieved coming years, improving its ability region realizes the significance of
a notable production level. Qatar, to withstand market turmoil, new applications and innovative
for example, achieved 630,000 MT improve its productivity to eliminate products to sustain demand, as can
in 2013; Dubai Aluminium Company costly surpluses, and intensify cost be seen recently with the promotion
(DUBAL) recorded 132,000 MT; while reduction. Demand, supply and world of vehicle manufacturing in the area,
Emirates Aluminium Company (Emal) economic trends have to be properly endeavoring to utilize Aluminium
recorded 816,000 MT production. considered when production raising supplies. With these capabilities,
Aluminium Bahrain (Alba) recorded plans are designed. In addition, the Aluminium industry in the Gulf
912,700 MT and Sohar Aluminium a comprehensive evaluation of now operates with vast potential
Smelter recorded 354 MT in 2013. The related global markets, competitive to increase the production of raw
aggregate production of Aluminium advantages, and economic-related Aluminium. More investments in
in the GCCs is expected to continue factor analysis have to be performed the future are anticipated to support
growing to 5 million tons in 2015. together to achieve this purpose. the industry and achieve short and
Such predictions reflects vast current Strategies properly intimated with long term objectives for operators,
and future investments, as well as the surrounding environment are potential investors and for the state
the competitive advantage which equally significant to promote a governments.
Gulf Aluminium products have successful industry and attract Concluded,
attained universally. The launch of investments.
13
