SUAL Group Has Reported Its Production Results for 9 Months of 2006

SUAL Group, which has recently announced about its merger with another leading Russian Aluminium Company Rusal, has reported its production results for the first nine months of 2006. For the whole Group, the main production lines exhibited stable growth compared to the same period of 2005.

For the first nine months of 2006, the Group’s enterprises extracted 4.5 million tonnes of bauxite, an increase of 13.4% as compared to January-September 2005. Also, for this period SUAL Group’s enterprises refined 1.7 million tonnes of alumina, which was a slight decrease of 0.4% on the year. Across the whole Group the main production lines exhibited stable growth compared to the same period of 2005.

During the first nine months of this year, SUAL Group’s enterprises produced 793,900 tonnes of primary aluminium, which made an increase of 1.5% during the first three quarters of 2005. The increase was achieved as a result of the continued successful implementation of technological development and modernisation programmmes at all of the company’s aluminium smelters.

For the first nine months of 2006 the SUAL Group’s enterprises decreased their silicon production by 5.6%. This reduction of production volumes can be explained by an unfavourable market situation affecting Russian silicon producers, the increasingly prohibitive US and EU import tariffs against Russian silicon and the expanded dumping of Chinese producers.

The general strategy of SUAL Group is the continuing modernisation of production facilities and efficient marketing policies. The volume of production of rolled and semi-finished products for the first nine months of 2006 increased by 20% on the year. Foil and aluminium band production increased by 4.3%. In January-September 2006 year-on-year consumer goods production increased by 1.2%.

The company SUAL ranks among the world’s ten largest aluminium producers and holds its assets with a BVI-based SUAL International.

Leave a Reply

You must be logged in to post a comment.