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Hafilat pioneers export manufacturing business in the UAE
GCC to play a major role in global aluminium industry: Hamdan
Emirates Aluminium's pre-feasibility study underway
Sheikh Saud opens USD 150 mn Guardian RAK float glass plant
EMAL installs first steel beam
Finmeccanica and Mubadala create industrial partnership
Borouge to build logistics hub in Guangzhou, China
Emirates Steel sales revenue rises by 135%
UAE's aluminium smelters target Europe
UAE's Dubai Investments Industries acquires stake in upcoming Saudi steel plant
Sharjah to have Dh120 million egg production project
UAE steel industry set for 235 per cent growth by 2012
Tabreed revenue up 42% at Dh173.37m
Borouge awards contract to Agility for Shanghai logistic hub services
GE receives US$500m contract to supply power equipment for world's largest single-site aluminium complex

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Hafilat pioneers export manufacturing business in the UAE
Posted on 18/11/2008

Abu Dhabi-based Hafilat Industries has commenced shipping its first export batch of European buses to Australia from their 15,000m2 factory in ICAD-1, Mussafah, which opened earlier this year. The shipment to Australia will be part of the company's contract to supply the City of Melbourne with 'Low Floor' city-buses on Mercedes Benz chassis. This contract reverses the usual paradigm in the UAE of importing vehicles to manufacturing and exporting vehicles. The establishment of Hafilat's ...  >>MORE



GCC to play a major role in global aluminium industry: Hamdan
Posted on 10/11/2008

By 2020, the GCC aluminium industry is set to produce 20 per cent of global aluminium production, according to HH Sheikh Hamdan bin Rashid al Maktoum, Deputy Ruler of Dubai, UAE Minister of Finance and Chairman of Dubai Aluminium (DUBAL). 'A number of GCC countries are chalking out plans and feasibility studies to further develop the industry to play a pivotal role in their national industries ........towards this end, they are also pumping huge investment in the industry to boost their ...  >>MORE



Emirates Aluminium's pre-feasibility study underway
Posted on 31/10/2008

As construction of the first phase of the EMAL aluminium smelter complex continues in readiness for commencing metal production in the first quarter of 2010, Emirates Aluminium's pre-feasibility study for the second phase of the smelter is underway. Canada's SNC Lavalin and Australia's WorleyParsons, the two companies awarded the engineering, procurement and construction management contract to build the first phase of the smelter, are conducting the pre-feasibility study which EMAL CEO, Duncan ...  >>MORE



Sheikh Saud opens USD 150 mn Guardian RAK float glass plant
Posted on 29/10/2008

H.H. Sheikh Saud bin Saqr Al Qasimi, Crown Prince and Deputy Ruler of Ras Al Khaimah, officially inaugurated the new USD 150 million float glass plant of Guardian RAK at a function held at Al Jazeera Al Hamra in Ras Al Khaimah. The Guardian RAK plant, which began full production in September 2007, produces 700 tonnes of glass per day, used in automotive, commercial, residential and furniture applications. Speaking at the ribbon cutting ceremony, Sheikh Saud said, "We are very honoured that ...  >>MORE



EMAL installs first steel beam
Posted on 29/10/2008

Emirates Aluminium (EMAL) has installed the first structural steel for the pot rooms of the world's largest, single-site aluminium smelter complex currently under construction in Al Taweelah, Abu Dhabi. When complete, the EMAL pot rooms will comprise 32,000 tonnes of steel, supplied by Saudi Arabian company, HIDADA, and installed by their UAE subcontractor AMANA, both of whom attended the installation of the first structural steel at EMAL. The EMAL smelter is being built in two phases and ...  >>MORE



Finmeccanica and Mubadala create industrial partnership
Posted on 21/10/2008

Finmeccanica, the Italian leading aerospace company, and Mubadala Development Company (Mubadala), an Abu Dhabi-based business development and investment company, yesterday announced an agreement for a hi-tech industrial partnership. The Italian company will partner with Mubadala to manufacture aerospace composite components for civil aircrafts at the recently announced Abu Dhabi-based composites plant. Alenia Aeronautica, a subsidiary of Finmeccanica, will provide technology, technical ...  >>MORE



Borouge to build logistics hub in Guangzhou, China
Posted on 21/10/2008

Borouge, a leading provider of innovative, value creating plastics solutions, has signed a service contract with Enpro Supply Chain Management Limited to build the Borouge Guangzhou Logistics Hub in the Nansha area of Guangzhou, China. The contract ensures local logistics services for Borouge's customers in Asia for ten years with effect of the startup date of Borouge 2 in 2010. Enpro will undertake the design, development and subsequent operation of the logistics hub, in order to ensure ...  >>MORE



Emirates Steel sales revenue rises by 135%
Posted on 16/10/2008

The sales revenues of the Emirates Steel Industries (ESI), owned by Abu Dhabi Basic Industries Corporation (Adbic), have more than doubled in the first nine months of this year, with an increase of 135 per cent over the same period last year. Announcing the third-quarter financial results of ESI, Chairman Hussain Al Nowais, who is also Chairman of Adbic, said the company achieved a total sales revenue of Dh3 billion by the end of the third quarter compared to last year's figure of Dh1.3bn for ...  >>MORE



UAE's aluminium smelters target Europe
Posted on 21/09/2008

Dubai Aluminium Company Limited (Dubal) and Emirates Aluminium (Emal) will present a united front to the global aluminium industry at the 7th World Trade Fair and Conference which takes place in Messe Essen, Germany, from Sept.23 to 25. The combined exhibit will showcase the world-class stature and standards upheld by the two operations in the United Arab Emirates, while providing the opportunity to demonstrate the capacity of the companies' total production volumes to meet the growing demand ...  >>MORE



UAE's Dubai Investments Industries acquires stake in upcoming Saudi steel plant
Posted on 17/09/2008

UAE's Dubai Investments Industries (DII), a wholly owned subsidiary of Dubai Investments PJSC, yesterday acquired a 10% stake in Saudi Arabia-based South Steel Company - set to become one of the largest steel plants in the Gulf region. The move is aimed at consolidating its strategic expansion in the Middle East Scheduled to commence commercial operations from December 2010, the USD 350 million South Steel Company will have an initial capacity of one million tons per annum. The plant, being ...  >>MORE



Sharjah to have Dh120 million egg production project
Posted on 21/08/2008

The Sharjah Agriculture Development Corporation (SADC) has embarked upon a Dh120 million egg production project, which will occupy a total area of one million square foot. The project, to be executed in four phases over a period of two years at the Seeh Al-Lebsa area in Sharjah, will have a total output of 3,500 cartons of egg per day. According to Sheikh Faisal bin Khalid Al Qasimi, Proprietor and board chairman of the SADC, the project will help meet the local market demand and would, upon ...  >>MORE



UAE steel industry set for 235 per cent growth by 2012
Posted on 20/08/2008

The UAE steel industry is expected to grow by more than 200 per cent from the current levels by 2012, according to the latest market research report, UAE Steel Industry Analysis. The UAE is one of the most promising steel markets in the GCC region, where production reached 1.7 million tonnes in 2006. A construction boom, cheap and reliable gas and energy supply besides geographical positioning are the major driving forces for the steel industry in the UAE. The report focuses on the growing ...  >>MORE



Tabreed revenue up 42% at Dh173.37m
Posted on 14/08/2008

National Central Cooling Co (Tabreed) announced revenues of Dhs173.37 million for the second quarter of the 2008 financial year, a 42-per cent increase over the second quarter of 2007. The company posted gross profit of Dh76.35 million for the period, up from Dh58.23 million in the 2007 quarter. Tabreed's net profit increased to Dh23.5 million as compared to Dh12.72 million in the same quarter in 2007 and total assets increased from Dh4.51 billion to Dh6.83 billion over the course of the ...  >>MORE



Borouge awards contract to Agility for Shanghai logistic hub services
Posted on 10/08/2008

Borouge, a leading provider of innovative, value creating plastics solutions, has yesterday awarded a service contract to Agility (Abu Dhabi) PJSC to build the Borouge Compound Manufacturing Unit (CMU) and Shanghai Logistics Hub in Shanghai, China, and to provide local logistics services for Borouge's customers in Asia for a duration of 10 years with effect from its operational start up date in 2010. Following the contract win, Agility will undertake the design, development and subsequent ...  >>MORE



GE receives US$500m contract to supply power equipment for world's largest single-site aluminium complex
Posted on 31/07/2008

GE Energy has received a contract of more than US$500m to supply equipment to power the world's largest aluminium processing complex at a single site. The Emirates Aluminium (EMAL) production facility is located close to the Arabian Gulf near Al Taweelah, Abu Dhabi, in the United Arab Emirates (UAE). Using natural gas as its primary fuel, the power plant will feature Frame 9FA gas turbines, C7 steam turbines, heat recovery steam generators and condensers, all provided by GE Energy. When ...  >>MORE

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