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Dubal to raise Mideast, North Africa exports by ’09
DUBAI - State-owned smelter Dubai Aluminium Co. (Dubal) will increase its sales in the Middle East and North Africa by 25 percent to 300,000 tonnes by 2009 to meet rising demand, the company said on Saturday.
Dubal’s exports of aluminium to the Middle East and North Africa stood at 240,000 tonnes in 2006, the company said in a statement.
The firm produced 861,000 tonnes of aluminium in 2006, used mainly in construction, transport and the electrical industries, the statement added.
Dubal produces primary aluminium, value-added products including foundry alloy for automotive wheels, extrusion billet for construction purposes and high purity aluminium for the electronics industry.
Dubal’s only competitor in the Gulf Arab region is Aluminium Bahrain (Alba) with a capacity of 830,000 tonnes a year. In five years, Dubal aims to be among the world’s top five aluminium producers.
Dubal has announced plans to build an $8 billion aluminium smelter complex, which would start operations in 2010. The project would raise its output capacity to 1.4 million tonnes a year making it the world’s largest.
Russia’s Rusal operates the world’s biggest smelter, at Bratsk, with a capacity of 976,000 tonnes per year.
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