ADPC and EMAL sign ten years export logistics agreement
Abu Dhabi Ports Company (ADPC) has today signed a ten year agreement with Emirates Aluminium (EMAL), to handle the export logistics of finished aluminium products from EMAL’s production site.
The volume of exported metal will grow gradually from 600,000 metric tonnes in 2014 to 750,000 in 2015 onwards.
The signed agreement covers all of the handling operations and transport logistics for the finished products from EMAL’s site to the container freight station and export terminal at Khalifa Port.
EMAL’s site in Khalifa Industrial Zone Abu Dhabi (Kizad), adjacent to the port, houses one of the largest industrial projects in the UAE, one of the biggest single site smelter in the world and the fastest to produce 1.3 million tonnes of hot metal.
EMAL and ADPC have worked closely with Abu Dhabi Terminals (ADT), the container terminal operator at Khalifa Port, to develop a smooth and seamless cargo operation that will facilitate fast turnaround of product and containers through the KPCT facility.
Mohamed Al Shamisi, Acting CEO of ADPC, and Saeed Fadhel Al Mazrooei, President and CEO of EMAL, signed the agreement today, Sunday 29 September at the new Khalifa Port Visitor Centre.
Mohamed Al Shamisi said:
“EMAL is an important tenant at Kizad, and we have worked closely with the company to support its business development and expansion since they located here.
“The company’s purpose-built wharf, is a key element of this, shortening the distance between the supply of seaborne raw materials and the smelter. We will continue to provide effective and efficient services, supporting EMAL’s business growth and maximizing supply chain efficiencies, wherever possible.
ADPC and EMAL are both important elements in the UAE’s plan to diversify its non-oil economy and increase its GDP contribution. This agreement is an important and significant step along that path.”
EMAL currently exports high quality aluminium products to more than 150 customers worldwide and is actively expanding the markets in which it operates to accommodate future demands. As a result, any future growth will positively impact the volume handles by ADPC as part of the agreement.
World aluminium demand is forecast to increase by six per cent per annum over the next decade, growing from an annual figure of 40 million tonnes to over 70 million tonnes by the year 2020.