[Federal Register Volume 74, Number 189 (Thursday, October 1, 2009)]
[Notices]
[Page 50796]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: E9-23609]



[[Page 50796]]

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EXPORT-IMPORT BANK OF THE UNITED STATES


Economic Impact Policy

    This notice is to inform the public that the Export-Import Bank of 
the United States has received an application to finance approximately 
$260 million for the U.S. export of approximately $268 million worth of 
power equipment and services to a buyer in the United Arab Emirates 
(UAE). The U.S. exports will enable the UAE company to produce 
aluminum. Production is scheduled to commence in 2010, with full 
production beginning in 2011. The UAE company will have an initial 
production capacity of 718,000 metric tons of aluminum per year, with 
efficiency gains expected to increase production capacity up to 750,000 
metric tons per year. The total value of the aluminum producing 
facility is estimated to be $7.2 billion. It is envisioned this new 
aluminum production will be primarily sold to customers in Algeria, 
Bahrain, Egypt, Germany, Japan, South Korea, Libya, Malaysia, Saudi 
Arabia, Singapore, Thailand, Taiwan, and Vietnam. Some of the new 
aluminum will also be sold domestically within the UAE. Interested 
parties may submit comments on this transaction by email to 
[email protected] or by mail to 811 Vermont Avenue, NW., Room 
1238, Washington, DC 20571, within 14 days of the date this notice 
appears in the Federal Register.

Helene S. Walsh,
Vice President, Policy Analysis Division.
[FR Doc. E9-23609 Filed 9-30-09; 8:45 am]
BILLING CODE 6690-01-P