emirates7 - ADNOC and Emirates Global Aluminium (EGA) have entered a five-year supply agreement worth $500 million (AED1.84 billion) for up to 1.5 million tonnes of calcined petroleum coke (petcoke), a vital material used in aluminum manufacturing.
The deal was signed during the ongoing “Make it in the Emirates” event in Abu Dhabi, highlighting ADNOC’s commitment to bolstering the UAE’s industrial development and enhancing domestic supply chains.
Under the agreement, ADNOC Refining will provide at least 30% of EGA’s calcined petcoke needs from its Ruwais Refinery over the next five years. This move aims to strengthen the UAE’s position as a global aluminum leader by reducing dependence on imported materials and supporting local production capabilities.
This partnership also supports ADNOC’s In-Country Value (ICV) Programme, which promotes economic diversification and boosts the supply of essential raw materials to the UAE’s advanced manufacturing sectors.
The agreement was witnessed by Dr. Sultan Ahmed Al Jaber, UAE Minister of Industry and Advanced Technology and ADNOC’s Managing Director and Group CEO, along with Abdulla Kalban, EGA’s Managing Director. It was signed by Khaled Salmeen, CEO of ADNOC Downstream, and Abdulnasser bin Kalban, CEO of EGA.
Salmeen noted, “This partnership with EGA reflects our dedication to advancing the ‘Make it in the Emirates’ initiative. By supplying this crucial raw material from Ruwais, we are enhancing domestic supply chains, reducing import reliance, and supporting growth in a key industrial sector. Our ICV Programme continues to generate opportunities for local manufacturing and development.”
As the world’s largest producer of premium aluminum, EGA plays a central role in the UAE’s industrial diversification, with its aluminum exports ranking as the UAE’s top non-energy export. The agreement will further fuel the growth of the aluminum industry and contribute to the UAE’s broader economic progress.
EGA CEO Bin Kalban emphasized, “For decades, EGA has been a leader in industrialisation and economic diversification. This agreement with ADNOC enables us to secure a large portion of a critical raw material from a local source, enhancing our impact on the national economy and reinforcing our support for ‘Make it in the Emirates’.”
The petcoke supplied through this agreement will allow EGA to produce about 3.75 million tonnes of aluminum over five years — equivalent to Germany’s annual consumption.
In 2024 alone, EGA contributed $6.4 billion (AED23.49 billion) to the UAE economy, representing 1.3% of the nation’s GDP and supporting over 52,000 jobs through direct, indirect, and induced impacts.
The deal was signed during the ongoing “Make it in the Emirates” event in Abu Dhabi, highlighting ADNOC’s commitment to bolstering the UAE’s industrial development and enhancing domestic supply chains.
Under the agreement, ADNOC Refining will provide at least 30% of EGA’s calcined petcoke needs from its Ruwais Refinery over the next five years. This move aims to strengthen the UAE’s position as a global aluminum leader by reducing dependence on imported materials and supporting local production capabilities.
This partnership also supports ADNOC’s In-Country Value (ICV) Programme, which promotes economic diversification and boosts the supply of essential raw materials to the UAE’s advanced manufacturing sectors.
The agreement was witnessed by Dr. Sultan Ahmed Al Jaber, UAE Minister of Industry and Advanced Technology and ADNOC’s Managing Director and Group CEO, along with Abdulla Kalban, EGA’s Managing Director. It was signed by Khaled Salmeen, CEO of ADNOC Downstream, and Abdulnasser bin Kalban, CEO of EGA.
Salmeen noted, “This partnership with EGA reflects our dedication to advancing the ‘Make it in the Emirates’ initiative. By supplying this crucial raw material from Ruwais, we are enhancing domestic supply chains, reducing import reliance, and supporting growth in a key industrial sector. Our ICV Programme continues to generate opportunities for local manufacturing and development.”
As the world’s largest producer of premium aluminum, EGA plays a central role in the UAE’s industrial diversification, with its aluminum exports ranking as the UAE’s top non-energy export. The agreement will further fuel the growth of the aluminum industry and contribute to the UAE’s broader economic progress.
EGA CEO Bin Kalban emphasized, “For decades, EGA has been a leader in industrialisation and economic diversification. This agreement with ADNOC enables us to secure a large portion of a critical raw material from a local source, enhancing our impact on the national economy and reinforcing our support for ‘Make it in the Emirates’.”
The petcoke supplied through this agreement will allow EGA to produce about 3.75 million tonnes of aluminum over five years — equivalent to Germany’s annual consumption.
In 2024 alone, EGA contributed $6.4 billion (AED23.49 billion) to the UAE economy, representing 1.3% of the nation’s GDP and supporting over 52,000 jobs through direct, indirect, and induced impacts.