ALUM increases energy efficiency and plant automation through a new investment amounting to USD 3.673 million

• ALUM continues the programme of sustainable development and increasing of the Company's competitiveness by completing the modernization of the filtration station

• The latest investment aims to increase product quality, energy efficiency, job security and safety for employees, as well as to reduce maintenance costs and emissions

•  ALUM announces the continuation of the investment program through a new stage and specific projects that will take place in the period 2021-2025 

Tulcea, 3 February 2021 – ALUM S.A. (BSE, ATS segment - AeRO: BBGA), the only calcined alumina producer in Romania, continues the strategy of eco-efficient and sustainable development by completing an investment of USD 3.673 million that modernizes and increases the performance and filtration capacity of the Red Filtration plant.

“Through the projects implemented in recent period, we have proved that we remain faithful and consistent with the sustainable development strategy undertaken over the last 15 years, which aims to increase competitiveness, optimize production and remain a relevant business in the field by using the best technologies available worldwide”, said Gheorghe DOBRA, Chief Executive Officer, ALUM. “Transforming the filtration unit into a state-of-the-art one represents the latest investment in process automation, improving control over our activities and increasing product quality to exceed our customers’ expectations", added Gheorghe DOBRA.

The USD 3.673 million project consists in the acquisition and implementation of 4 state-of-the-art vertical filters that replaced the existing 26 Kelly filters. The investment increases energy efficiency by reducing electricity and natural gas consumption and improves the company’s sustainability by reducing industrial water consumption and emissions. In addition, the automation of the entire filtration process improves the overall safety of the employees’ activity and offers more control over the filtration process, having a direct effect on increasing the quality of alumina by reducing impurities in aluminate liquors. 

ALUM intends to continue the sustainable development program, production optimization, growth and expansion of the company's competitiveness through a new stage of the investment program, which is programmed to run from 2021-2025.

For further information, please contact:

www.alro.ro 

Florența Ghiță

Bucharest

Phone: +40 744 644 004

Email: investor.relations@alro.ro 

About:

ALUM 

ALUM is the only Romanian producer of calcined alumina, used for the production of aluminium and has an alumina refinery with a production capacity of 600,000 tonnes of alumina per year. The alumina produced by the company is supplied both on the domestic market to ALRO S.A., part of the Vimetco Group, and internationally. ALUM is listed on Bucharest Stock Exchange since December 1997 on RASDAQ and migrated towards the ATS segment, AeRO category in May 2015. Its shares are traded under the symbol “BBGA”.

ALRO Group

ALRO S.A. and its subsidiaries are collectively referred to as ''ALRO Group'' or ''the Group''. The companies part of ALRO Group are: ALRO S.A. – the aluminium producer, Alum S.A. – the alumina producer, Sierra Mineral Holdings I, Ltd. – the bauxite mining company, Vimetco Extrusion S.R.L. – extrusion processing business line, Conef S.A. – ALRO share portfolio management, Global Aluminium Ltd. – holding entity and Bauxite Marketing Ltd. Having this structure, the Group created an integrated production chain, assuring the raw materials for ALRO.