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Reading: Alba collaborates with ARRAY Innovation and Daiki Aluminium to drive growth and sustainability
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Gulf Press > Gulf > Bahrain > Alba collaborates with ARRAY Innovation and Daiki Aluminium to drive growth and sustainability
Bahrain

Alba collaborates with ARRAY Innovation and Daiki Aluminium to drive growth and sustainability

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Last updated: 2024/11/04 at 3:55 PM
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Aluminium Bahrain B.S.C. (Alba) recently announced two strategic partnerships at the Gateway Gulf Investment Forum 2024, demonstrating its commitment to technological innovation and environmental sustainability. One of the partnerships is with Bahrain-based ARRAY Innovation, focusing on advancing Alba’s Industry 4.0 transformation. ARRAY Innovation will implement AI, machine learning, and data analytics solutions to optimize Alba’s manufacturing processes, aiming to enhance operational efficiency and align with Bahrain Economic Vision 2030.

Khalid Al Rumaihi, Chairman of Alba’s Board of Directors, emphasized the significance of this partnership in accelerating Alba’s Industry 4.0 journey. The collaboration aims to set new benchmarks in production, safety, and sustainability while investing in local talent. ARRAY Innovation’s CEO, Alaa Saeed, also highlighted the shared mission of fostering Bahrain’s technological leadership and creating high-value jobs through this partnership.

In another groundbreaking announcement, Alba and Daiki Aluminium Industry Company Ltd. unveiled plans to establish Alba-Daiki Sustainable Solutions (ADSS), a joint venture dedicated to sustainable aluminium dross processing. The facility, scheduled to launch operations by September 2026, will contribute significantly to environmental stewardship in the Gulf region. Alba will hold a 70% stake in ADSS, with Daiki Aluminium owning the remaining 30%.

H.E. Noor bint Ali Alkhulaif, Minister of Sustainable Development and Chief Executive of Bahrain EDB, commended the joint venture as a testament to Bahrain’s appeal as a global investment hub. The partnership between Alba and Daiki Aluminium highlights their commitment to sustainability and environmental responsibility, showcasing the region’s focus on sustainable development and innovation in the aluminium industry.

These partnerships underscore Alba’s dedication to embracing cutting-edge technologies and sustainable practices, aligning with global trends towards Industry 4.0 and green initiatives. By partnering with innovative companies like ARRAY Innovation and Daiki Aluminium, Alba aims to enhance its operational processes, improve efficiency, and reduce environmental impact, in line with its commitment to sustainability and responsible business practices.

As Alba continues its journey towards Industry 4.0 transformation and sustainability, these strategic partnerships will play a crucial role in driving progress and innovation within the company. By collaborating with industry leaders in technology and sustainability, Alba is poised to remain at the forefront of the aluminium industry, setting new standards for production efficiency, safety, and environmental stewardship in Bahrain and beyond.

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News Room November 4, 2024
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