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Emal plans further expansion

Emirates Aluminium to keep pace with the growing market.

May 8, 2013 4:06

Euro bank retreat raises costs for Abu Dhabi’s EMAL

Emal bond invite to be sent to banks late-Sept – sources; Loan to pay 225-300 bps over 15.5-yr life; Margin more than double first phase, shows impact of Euro bank pull-back; All part of $4 bln funding package for smelter expansion

September 5, 2012 5:36

UAE’s Emal seeks $4 billion expansion financing

Emirates Aluminium (Emal), a joint venture between Abu Dhabi's Mubadala and Dubai Aluminium, has approached banks to arrange $4 billion in financing to expand its smelter, Project Finance International (PFI) said on Monday.

August 14, 2012 10:20

UAE’s Emal sales to US to more than double in 2012

Emirates Aluminium (Emal), a joint venture between Abu Dhabi's Mubadala and Dubai Aluminium (Dubal), is looking to double its exports to the United States by the end of 2012 as demand from the automotive industry rises, it said on Wednesday.

March 21, 2012 2:06

UAE’s Emal to invest in $3.8B in production boost

Emirates Aluminium (Emal), a joint venture between Abu Dhabi's Mubadala and Dubai Aluminium (Dubal), plans to invest $3.8 billion for its phase two development as it ramps up production to become the single largest greenfield smelter in the world, its chief executive said.

December 12, 2011 1:08