- DUBAI: Emirates Aluminium (Emal) has awarded $700 million in contracts for an expansion project it plans to complete by 2014, the Abu Dhabi-based company said.
Phase two of the aluminum complex will almost double the firm’s production capacity to 1.3 million tons a year, making Emal’s plant the largest single-site aluminum smelter complex in the world, the statement said.
“Our target to achieve full production by 2014 depends on the successful execution of these contracts,” Saaed Fadhel Al-Mazrooei, Emal president and chief executive, said.
The largest of the contracts was signed with SNC Lavalin Group to carry out the Engineering, Procurement and Construction Management (EPCM) at the plant.
Other successful companies include Sojitz, Fuji Electric Systems, Hyundai, ABB Switzerland, Rio Tinto, Alcan, Pechiney, Alstom Norway and Outotec.
Emal is a 50-50 joint venture between Dubai Aluminium Company Limited (Dubal) and Mubadala Development Company (Mubadala), Abu Dhabi’s investment vehicle.