Alba and Daiki Aluminium Forge Strategic Partnership to Establish Sustainable Aluminium Dross Processing Plant in Bahrain
TDT | Manama
The Daily Tribune - www.newsofbahrain.com
Aluminium Bahrain BSC (Alba), the world’s largest single-site smelter, and Japan’s leading aluminium product manufacturer, Daiki Aluminium Industry Company Ltd, today announced on Wednesday 07 August 2024 a strategic partnership to establish a sustainable aluminium dross processing business in the Kingdom of Bahrain.
Held at Alba premises, the MoU’s signing ceremony was attended by Alba’s CEO Ali Al Baqali, Acting Chief Marketing Officer Hisham Al Kooheji, and Alba’s Executive Management Team. Daiki Aluminium Industry Company Ltd.’s Chairman and Representative Director Yamamoto Takaaki, Director and Senior Managing Executive Officer Goto Kazushi, and Vice General Manager, Overseas Business Coordination Department Fukushima Toshitake were also present.
This collaboration not only reinforces the thriving Bahrain-Japan economic partnership but also paves the way for innovative advancements in sustainable aluminium production. By synergizing Alba's industry-leading expertise and Daiki Aluminium's cutting-edge technologies, this joint venture is primed to contribute to the Kingdom’s environmental goals while aligning seamlessly with Alba’s ESG Roadmap. Central to this partnership is a shared commitment to circular economy principles. The aluminium dross processing facility will employ state-of-the-art technology to recover valuable aluminium metal while significantly reduce waste, thereby contributing to Bahrain's sustainability goals.
Alba's Chief Executive Officer, Ali Al Baqali, emphasised the transformative nature of this partnership and stated: “This strategic alliance with Daiki Aluminium marks a pivotal moment in Alba's sustainability journey. By harnessing Daiki Aluminium's technological prowess, we are not only optimising our operations but also contributing to Bahrain's economic landscape. This collaboration underscores our dedication to creating lasting value for our stakeholders while advancing the circular economy.
This joint venture will serve as a model for sustainable aluminium production, demonstrating the power of collaboration to drive positive change.”
Adding further, Daiki Aluminium Industry Company Ltd.’s Chairman and Representative Director Yamamoto Takaaki said:
“With the signing of this MoU, we will build on our global partnership and help Alba and the Kingdom of Bahrain achieve their sustainable environmental goals. We are very proud to form a strategic alliance with Alba, one of the world's leading aluminum smelters, and we are confident that this partnership will make a significant contribution to the development of a sustainable aluminum industry.
Since our founding in 1922, we have focused on the aluminum recycling business for more than 100 years. And through the products, technologies, and services of both companies, we will contribute to the realization of sustainability.”
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