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Abu Dhabi / Emirates Business
His Highness Sheikh Hamed bin Zayed Al Nahyan, Chairman of the Abu Dhabi Crown Prince’s Court, inaugurated on Wednesday Ducab Aluminium Company (DAC) in the Khalifa Industrial Zone of Abu Dhabi (KIZAD) as a joint venture between Ducab, the UAE-based leading manufacturer of high-quality cables and cabling products, and Senaat, one of the largest holding companies in the UAE’s industrial sector. The new company is the result of an AED220 million investment that seeks to strengthen the UAE’s industrial supply chain in line with the UAE strategy to champion industrial investments.
The company will manufacture 50,000 metric tonnes of high quality electrical grade aluminium rod and overhead conductor per annum once it reaches its full capacity supplying to both local and international customers.
“Ducab Aluminium Company marks an important milestone in UAE aluminium sector and adds to a growing number of downstream ventures in aluminium being developed in KIZAD as part of the UAE’s ambitions to further diversify the national economy. DAC has already signed rod supply contracts to service customers across the GCC, India, Lebanon, North America and select markets in Africa. Further expansions are also being planned for Latin America and Europe as DAC targets export sales of over AED300 million in 2018,†adds Dr Ahmad Bin Hassan Al Shaikh, Vice Chairman of Ducab and DAC Board Member.
The new DAC facility has been built in KIZAD close to Emirates Global Aluminium, the fifth largest aluminium producer in the world, which will expand the growing opportunity to provide a reliable and sustainable source of production and distribution of high-quality ISO9001 certified aluminium. The proximity of DAC to the EGA plant provides an ideal supply chain link for the company, with molten aluminium being delivered directly from EGA’s smelter.
Receiving aluminium as molten metal saves on both costs and environmental emissions, increasing the competitiveness of the UAE aluminium fabrication industry and supporting the development of a healthy downstream sector.
Ducab Aluminium Company manufactures Electrical Conductive (EC) grade aluminium and aluminium alloy rods, wires, and bare overhead conductors. The activities at DAC will complement Ducab’s existing portfolio, which has seen the 100% UAE-owned company become a global leader in the development, design, manufacture, marketing and distribution of copper and aluminium wire and cable products.
With five manufacturing facilities in the UAE including DAC, Ducab’s products are currently used in the energy, general construction, oil & gas, industrial, defence, transport, marine, mining and other specialty industry verticals.