ALFED’s Annual Business Briefing: Unveiling Key Insights and Growth Strategies

by APAZONE
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LFED Unveils New Leadership and Industry Insights at Annual Business Briefing

In a momentous announcement at ALFED’s Annual Business Briefing, the Aluminium Federation proudly introduced its new president, Mark Allen. With an impressive background as the Sales Director at Mechatherm International, the UK’s premier global aluminium furnace supplier, Allen brings over 25 years of invaluable experience to his new role. He succeeds the accomplished Mike Dines, who served as president for the past two years.

Successful Annual Business Briefing at Tortworth Hotel

Held at the esteemed Tortworth Hotel in Gloucester, this year’s Annual Business Briefing surpassed expectations with a record attendance of over 120 delegates from across the UK aluminium supply chain. The event, a cornerstone in fostering collaboration among ALFED members, featured engaging sessions where participants shared crucial data and insights.

Insights from Industry Experts

Business Briefing Kick-off

The Business Briefing commenced with a welcome from outgoing president Mike Dines, emphasizing unity within the UK aluminium industry.

Economic Outlook: A Thorough Analysis

The first half of the day delved into the economic outlook for the industry, both domestically and globally. Despite challenges, the mood was one of cautious optimism. Malindi Myers from the Bank of England highlighted the slow recovery from inflation, anticipating a return to normalcy by spring 2024. Bruce Alway, Director of Metals Research, offered a positive reflection on the past three years, acknowledging key events and indicating a promising trajectory for the industry.

CBAM Discussion and Industry Announcements

Gabriel Rozenberg and David Jenkins discussed the implications of the Carbon Border Adjustment Agreement (CBAM) on the UK and global markets. Additionally, the Aluminium Stewardship Initiative introduced a new Greenhouse Gas standardization, further enhancing its esteemed certification.

Evening Gala and Presidential Transition

The daytime proceedings seamlessly transitioned into ALFED’s annual black-tie dinner and charity casino evening, attended by over 250 members. Special guest speaker Ed Balls delivered the closing after-dinner speech. During this elegant affair, Mike Dines bid farewell, expressing gratitude to ALFED members and offering personal support to incoming President Mark Allen.

New Leadership and Ongoing Commitment to Growth

Upon his appointment, President Mark Allen expressed his pride in being entrusted with the leadership of ALFED. His commitment to steering the organization on a continued path of growth was evident in his statement: “I am exceptionally proud that ALFED is handing me the baton to help them continue on their journey of growth.”

Celebrating Retirement and Industry Commitment

The evening also saw the retirement announcement of ALFED board member and former president (2010-11) Colin Davies. President Mike Dines commended Davies for his unwavering commitment to ALFED and the aluminium industry throughout the years.

In conclusion, ALFED’s Annual Business Briefing not only provided a platform for insightful discussions but also marked the beginning of a new era under the leadership of President Mark Allen, symbolizing a steadfast commitment to industry growth and excellence.

Source: Aluminium Federation (ALFED) with additional information added by Apazone

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