Emal, Italian firm sign $93m provisions deal
Abu Dhabi, October 8, 2012
UAE-based Emirates Aluminium (Emal) a major aluminium smelter, recently signed a contract worth $93 million over three years for the provision of aluminium fluoride (AlF3) with the Italy’s Fluorsid.
The contract extends the existing relationship between the two companies and ensures the future supply of a crucial element in the aluminium making process to Emal.
The contract will have Fluorsid supply AlF3 to the flagship industrial project between 2013 and 2016. Emal’s potline will consist of 1,200 pots after completion of Phase II, with each pot consuming roughly18kg of AlF3 per tonne of aluminium produced.
The signing was held at Emal’s premises at Al Taweelah where the Italian Ambassador to the UAE, Giorgio Starace, was on hand to witness the signing by Emal president and CEO, Saeed Fadhel Al Mazrooei, and Fluorsid’s managing partner Tommaso Edoardo Giulini.
Al Mazrooei said: “This latest milestone continues to advance Emal towards completion of our Phase II expansion within the timescale we have set. Upon completion, Emal will be established as one of the largest single site smelters in the world and further strengthen our position as a major new player in the global aluminium industry.”
Giulini said: “We were excited to work with Emal from the very beginning and are delighted that the relationship will be extended further allowing us to carry on supplying Emal as it continues to expand through Phase II.”
“Our role is to be a reliable partner delivering high quality products while supporting our customers’ strategic developments,” he added. – TradeArabia News Service