Bahrain: $55m GARMCO plant's construction on trackby Neha Bhatia on Apr 3, 2017
Gulf Aluminium Rolling Mill's (GARMCO) $55m (BHD20.7m) recycling and cast house facility in Bahrain is on track to complete as scheduled, officials have announced.
The facility is aimed at developing GARMCO’s metal recycling capability, which will help to increase the company's production capacity by 150% to 200,000 tonnes of aluminium slabs per annum.
Bahrain Mumtalakat Holding Company's (Mumtalakat) chief executive officer, Mahmood Alkooheji, visited the facility with GARMCO chairman Mahmood Alsoufi and acting CEO, Mohamed Essa.
Alkooheji conducted a tour of the site and was briefed on the project’s progress and preparations for the expansion of GARMCO's operations, BNA reported.
GARMCO's Essa said the facility will receive first case in July, and the company aims "to reach maximum operational capacity by November this year".
Remarking on the project's scope, Alkooheji said: "The manufacturing sector accounts for 20% of Bahrain’s GDP and such projects will boost the kingdom’s exports.
"The aluminium industry is a key area of focus for Mumtalakat as we manage our portfolio with the objective of enhancing performance and returns of our assets."