At its current rate of growth, the Gulf's annual aluminium production has the potential to reach six million metric tonnes in the near future. With new smelters and unit expansions currently on the pipeline, the region's production could hit nine million metric tonnes or 13% of global supply by 2020. Two key industry drivers to watch are access to cheap gas feedstock and close proximity to the major aluminium markets of Europe, the United States and the Far East.
The Middle East processed around three million tonnes of primary aluminium or 6.5% of total global production in 2009 to cement its place as one of the world's top aluminium sources. The output from GCC states alone has doubled to 1.8 million tonnes since 2000. The rapid growth of the aluminium sector prompted Gulf producers to recently form the Gulf Aluminium Council to advance and protect industry interests.
The Gulf's aluminium players will take the opportunity to discuss major industry trends and share strategies for boosting their global market share during the second edition of the biennial ALUMINIUM Dubai show to be held from May 9 to 11, 2011 at Sheikh Saeed Halls 2 and 3 of the Dubai International Convention and Exhibition Centre (DICEC). ALUMINUM Dubai is currently the leading exhibition for aluminium products, technologies and investments in the Middle East.
For more information please visit ALUMINIUM Dubai 2011 website at www.aluminium-dubai.com.FUTSAL
Gulf targets 6 million metric tonnes of aluminium
Source:Ringier Release Date:2011-02-10 117
You May Like