06 August 2003
Zamil Steel Industries (ZSI), a global leader in the manufacture of pre-engineered steel buildings and the Middle East’s premier supplier of steel structures, transmission and telecommunications towers, open web steel joists and floor deckings, has been awarded a SR 22 million contract to design, fabricate, test and supply 7,500 metric tonnes of power transmission steel towers to Civil Contracting and Construction Company of the Sultanate of Oman. The end user of the unique solution is the Federal Electricity and Water Authority (FEWA) of the United Arab Emirates (UAE).
“The unique aspect of this project is that it is the first time overhead power transmission in the UAE will feature multi circuit towers and the specifications of the contract will be met through ZSI’s Towers and Galvanising Unit (T&G), which produces premium galvanised steel towers for electrical transmission projects, telecommunications projects and various other specialised lattice steel structures,” said Mr. Saleh Al Zamil, Vice President, T&G Unit, ZSI.
Included in the undertaking is the supply of specially designed steel towers for 23 km of a 220/132kv multi circuit transmission line; 37 km of a 220kv double circuit transmission line; and 20 km of a 132kv double circuit transmission line over a period of 12 months.
ZSI forms one of three sector business of Zamil Industrial Investment Company (ZIIC), the international manufacturing and fabrication group - which in addition to the activites undetaken through ZSI – also provides leading air conditioning and architectural glass processing solutions through Zamil Air Conditioners (ZAC) and Zamil Glass Industries (ZGI) in order to meet the requirements of the global construction industry.
-Ends
About Towers and Galvanising Business Unit:
Zamil Steel Industries’ Towers and Galvanising Business Unit (T&G) was founded in 1985 and is ISO 9001-2000 certified. It produces premium galvanised steel towers for electrical transmission projects, telecommunications projects and various other specialised lattice steel structures. It is located in Dammam First Industrial City and serves markets in Saudi Arabia, The GCC States, the Middle East, Asia, America and Africa, including, Algeria, Nigeria, Hong Kong, Syria, Ghana and Chile.
About Zamil Steel Industries: Founded in 1977, Zamil Steel Industries (ZSI) is a global leader in the manufacture of pre-engineered steel buildings and the Middle East’s premier supplier of steel structures, transmission and telecommunications towers, open web steel joists and floor deckings. Products are marketed in more than 70 countries through a network of 50 sales offices, 55 certified builders and 27 agents and distributors. ZSI’s main factory is located in Dammam First Industrial City, with additional factories located in Egypt and Vietnam. More than 200 engineers are employed in its engineering departments in Saudi Arabia, Jordan, Egypt, Vietnam and India.
About Zamil Industrial Investment Company
Zamil Industrial Investment Company (ZIIC) was founded in 1998, is headquartered in Dammam, Kingdom of Saudi Arabia, and employs more than 4,500 people in 50 countries. As an international manufacturing and fabrication group, it provides leading air conditioning, pre-engineered steel buildings, structural steel products, transmission towers, open web joists and decks, and architectural glass processing solutions to meet the requirements of the global construction industry through its three sector businesses: Zamil Air Conditioners (www.zamilac.com), Zamil Steel Industries (www.zamilsteel.com) and Zamil Glass Industries (www.zamilglass.com).
ZIIC exports to more than 70 markets and derives 37% of revenues from outside Saudi Arabia. For the period January June 2003, net profits after Zakat contributions grew by 25% to SAR 31.3m (US$ 8.3m), while post Zakat earnings per share also grew by 25% to SAR 5.22 ($1.39), up from SAR 4.17 ($1.11) during the same period in 2002.
For the year ended 31 December 2002, profits were SAR 50.8 million (US$ 13.5m) on turnover of SAR 1.4 billion ($ 376m). ZIIC’s shares have been actively traded on the Saudi Equity Market since early 2002. More information can be found at www.ziic.com.
Issued on behalf of Zamil Industrial Investment Company by Hill & Knowlton.
For more information contact Jamil Alsharif on
Tel: +973 533532,
Fax: +973 533370
e-mail jsharif@hillandknowlton.com.bh.
Zamil Steel Industries (ZSI), a global leader in the manufacture of pre-engineered steel buildings and the Middle East’s premier supplier of steel structures, transmission and telecommunications towers, open web steel joists and floor deckings, has been awarded a SR 22 million contract to design, fabricate, test and supply 7,500 metric tonnes of power transmission steel towers to Civil Contracting and Construction Company of the Sultanate of Oman. The end user of the unique solution is the Federal Electricity and Water Authority (FEWA) of the United Arab Emirates (UAE).
“The unique aspect of this project is that it is the first time overhead power transmission in the UAE will feature multi circuit towers and the specifications of the contract will be met through ZSI’s Towers and Galvanising Unit (T&G), which produces premium galvanised steel towers for electrical transmission projects, telecommunications projects and various other specialised lattice steel structures,” said Mr. Saleh Al Zamil, Vice President, T&G Unit, ZSI.
Included in the undertaking is the supply of specially designed steel towers for 23 km of a 220/132kv multi circuit transmission line; 37 km of a 220kv double circuit transmission line; and 20 km of a 132kv double circuit transmission line over a period of 12 months.
ZSI forms one of three sector business of Zamil Industrial Investment Company (ZIIC), the international manufacturing and fabrication group - which in addition to the activites undetaken through ZSI – also provides leading air conditioning and architectural glass processing solutions through Zamil Air Conditioners (ZAC) and Zamil Glass Industries (ZGI) in order to meet the requirements of the global construction industry.
-Ends
About Towers and Galvanising Business Unit:
Zamil Steel Industries’ Towers and Galvanising Business Unit (T&G) was founded in 1985 and is ISO 9001-2000 certified. It produces premium galvanised steel towers for electrical transmission projects, telecommunications projects and various other specialised lattice steel structures. It is located in Dammam First Industrial City and serves markets in Saudi Arabia, The GCC States, the Middle East, Asia, America and Africa, including, Algeria, Nigeria, Hong Kong, Syria, Ghana and Chile.
About Zamil Steel Industries: Founded in 1977, Zamil Steel Industries (ZSI) is a global leader in the manufacture of pre-engineered steel buildings and the Middle East’s premier supplier of steel structures, transmission and telecommunications towers, open web steel joists and floor deckings. Products are marketed in more than 70 countries through a network of 50 sales offices, 55 certified builders and 27 agents and distributors. ZSI’s main factory is located in Dammam First Industrial City, with additional factories located in Egypt and Vietnam. More than 200 engineers are employed in its engineering departments in Saudi Arabia, Jordan, Egypt, Vietnam and India.
About Zamil Industrial Investment Company
Zamil Industrial Investment Company (ZIIC) was founded in 1998, is headquartered in Dammam, Kingdom of Saudi Arabia, and employs more than 4,500 people in 50 countries. As an international manufacturing and fabrication group, it provides leading air conditioning, pre-engineered steel buildings, structural steel products, transmission towers, open web joists and decks, and architectural glass processing solutions to meet the requirements of the global construction industry through its three sector businesses: Zamil Air Conditioners (www.zamilac.com), Zamil Steel Industries (www.zamilsteel.com) and Zamil Glass Industries (www.zamilglass.com).
ZIIC exports to more than 70 markets and derives 37% of revenues from outside Saudi Arabia. For the period January June 2003, net profits after Zakat contributions grew by 25% to SAR 31.3m (US$ 8.3m), while post Zakat earnings per share also grew by 25% to SAR 5.22 ($1.39), up from SAR 4.17 ($1.11) during the same period in 2002.
For the year ended 31 December 2002, profits were SAR 50.8 million (US$ 13.5m) on turnover of SAR 1.4 billion ($ 376m). ZIIC’s shares have been actively traded on the Saudi Equity Market since early 2002. More information can be found at www.ziic.com.
Issued on behalf of Zamil Industrial Investment Company by Hill & Knowlton.
For more information contact Jamil Alsharif on
Tel: +973 533532,
Fax: +973 533370
e-mail jsharif@hillandknowlton.com.bh.
© Press Release 2003
