Aluminum Bahrain (Alba), the world’s largest Aluminum smelter ex-China, has inked a Memorandum of Understanding (MoU) with Japanese company Mitsubishi Heavy Industries EMEA (MHI EMEA), to collaborate towards reducing Alba’s carbon footprint in a step that will accelerate its ESG transformation.
The MoU, a first-of-its-kind with an aluminum producer, will lay the foundations for a feasibility study on utilizing the technology to capture CO2 from flue gas, developed by MHI Group in collaboration with Kansai Electric Power, to reduce Alba’s plant emissions for decarbonization.
The signing ceremony was attended by Alba’s Chairman of the Board Mr. Shaikh Daij bin Salman bin Daij Al Khalifa and Mr. Kentaro Hosomi, CEO of MHI EMEA, in the presence of Chief Executive Officer of Alba, Mr. Ali Al Baqali and Chief Power Officer Mr. Amin Sultan, in addition to senior officials from MHI Group.
“Environment, Social and Governance (ESG) matters are fronting everything we do in Alba. This MoU will play a fundamental role as we want to be accelerators and embed sustainability considerations in our operations to be more environmentally responsible and inclusive. We are also pleased to partner with MHI Group, a proven leader in Carbon Capture technology, as we chart our journey in our race to decarbonization.”
Mr. Hosomi added “As a market leader in decarbonization technology such as carbon capture, storage and utilization, MHI Group is proud to support Alba and the Kingdom of Bahrain in reaching their ambitious sustainability goals. It is partnerships such as this that enable the industry to move quickly on the way to carbon neutrality.”
Alba, as one of the leading industrial companies in Bahrain, will play an important role in achieving the Kingdom’s recently-announced Net Zero and Renewable Energy Targets by HRH Prince Salman bin Hamad Al Khalifa, the Crown Prince and Prime Minister of Bahrain.