Organized By Abu Dhabi Council for Economic Development
Abu Dhabi, United Arab Emirates, 20th September 2016
Emirates Steel, the only integrated steel plant in the UAE, owned by SENAAT, partook, as a Golden Partner, in the "Linkages between Industries Event" organized by Abu Dhabi Council for Economic Development on Tuesday 20th September 2016 at Abu Dhabi National Exhibition Center ADNEC.
Emirates Steel's participation represented the company's keenness to be part of the government's mission to support economic diversification and growth and encourage engagement between the public and private sectors in Abu Dhabi. The company's delegation; led by H.E. Saeed Ghumran Al Remeithi, Emirates Steel CEO; included senior management, in addition to representatives from government entities, government owned enterprises operating in the industrial field, more than 400 Small & Medium Enterprises and media representatives.
At the event, H.E. Saeed Ghumran Al Remeithi, CEO, Emirates Steel said:" Linkages between Industries Event is an excellent platform for potential investment opportunities and cooperation for both business owners and investors in Abu Dhabi". He added:" Emirates Steel plays a vital role in supporting the growth of the country's non-oil GDP in line with Abu Dhabi Economic Vision 2030 through providing SME's within the downstream manufacturing industries with variety of steel products, therefore we are keen to further collaborate with all partners from other government entities, investors and SME's to achieve this goal and promote this sector".
Emirates Steel was mainly established to fulfill the needs of economy diversification plans led by the government to facilitate infrastructure developments and industrial growth where steel plays an essential role.
-Ends-
About Emirates SteelEmirates Steel is owned by SENAAT, the UAE's largest industrial conglomerate and a driving force for implementing the Abu Dhabi government's industrial diversification policy. Strategically located in the Industrial City of Abu Dhabi, some 35 kilometers away from the heart of the city of Abu Dhabi, Emirates Steel is the only integrated steel plant in the UAE, utilizing the latest rolling mill technology to produce rebar, wire rod and heavy sections.
Established in 1998, Emirates Steel grew in a relatively short period of time from a simple re-roller of imported steel billets to a complex integrated manufacturing plant, using modern solutions to tackle traditional industrial problems to generate value for its various stakeholders. In 2012, the Company began producing at a capacity of 3.5 million MTPA, following two expansions and the investment of around AED 11 billion (US$ 3 billion).
Emirates Steel's underlying business goal is to be an efficient and competitive producer of finished steel products. To achieve this, the Company continually and significantly invests in expansions in the areas of processing, manufacturing and information technology. In addition, these investments help to improve product and service quality, reduce the Company's environmental footprint and increase safety for workers and customers.
© Press Release 2016
