Industry News

GCC countries gear up for green aluminium production ahead of 2026's Carbon Tax scheme

Views : 182
Update time : 2024-10-10 16:05:48
Gulf countries are determinedly shifting to green aluminium production since past few years amidst the upcoming enactment of 2026's Carbon Tax scheme. As of 2020, Aluminium Stewardship Initiative(ASI) reported that the GCC country smelters are close to ASI’s benchmark carbon emission target of 8 tonnes of CO2e emission per tonne of aluminium production.

"Middle Eastern producers are in a favourable position in the European market when considering both Scope 1 and Scope 2 emissions, meaning they are more competitive in terms of overall emissions compared to other global competitors," she added.

Related News
Read More >>
Rising oil prices pressure Vietnam’s inflation control targets Rising oil prices pressure Vietnam’s inflation control targets
Mar .24.2026
Rising oil prices pressure Vietnam’s inflation control targets
South Africa raises AD duties on structural steel from China & Thailand South Africa raises AD duties on structural steel from China & Thailand
Mar .24.2026
South Africa raises AD duties on structural steel from China & Thailand
Rise and fall in LME aluminium: cash climbs to $3,329/t, stocks slip nearly 1% Rise and fall in LME aluminium: cash climbs to $3,329/t, stocks slip nearly 1%
Mar .24.2026
Rise and fall in LME aluminium: cash climbs to $3,329/t, stocks slip nearly 1%
Macro geopolitical risks have yet to subside, and aluminium prices have maintained a fluctuating pattern Macro geopolitical risks have yet to subside, and aluminium prices have maintained a fluctuating pattern
Mar .24.2026
Macro geopolitical risks have yet to subside, and aluminium prices have maintained a fluctuating pattern