The Abu Dhabi Government took a major step forward in its efforts to forge the metals industry into a pillar of its economy following the signing of agreements to set up a US$100 million (Dh367m) aluminium plant at Taweelah.
Abu Dhabi Basic Industries Corporation (ADBIC) and Gulf Extrusions agreed to jointly build an aluminium extrusions plant, complementing a smelter that will begin producing metal within weeks.
The plant is the second major “downstream” facility planned for a cluster of metals firms that will transform aluminium produced at the Emirates Aluminium (EMAL) smelter into usable consumer products. The extrusions plant will produce 50,000 tonnes per year of material for use in buildings and cars, the two firms said.
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