Work begins at Zamil Steel plant in Ras Al Khaimah
24 December, 2006: The new factory of Zamil steel in Ras Al Khaimah started production operations on a small scale along-side its development activities. This new facility is an important milestone for ZS in a bid to exploit the huge potential of UAE market furthering its global expansion initiative. The investment in this project is said to be about $46.7 million.
Adnan Al- Mansour, president of Zamil Steel explained that ZS national sales have risen sharply by 40 percent. The PEB or pre-engineered steel building sales have recorded the highest margins ever allowing ZS to maintain a market grip over PEB in GCC (co-operation council for Arab states in Gulf) countries. Adnan also added that these factors have further encouraged them to continue with their global expansion strategy.
Ibrahim Al Solaia, vice president project of Zamil Steel said that construction for the new plant began in early January at Ras Al Khaimah. The first phase is in its final stage, and small scale manufacturing has begun, however it would be fully operational by the end of first quarter of 2007. The production capacity of this plant is 40,000 metric tones per annum for PEB, open web steel joists and floor decking. The Second phase would commence towards end 2007 adding additional 12,000 metric tones per year.
The new facility would be stocked with the most upgraded and advanced technology. The customer requirements would be met in a comprehensive manner through technical and administrative departments. This plant would be integrated to Zamil industry Investment Company’s IT network giving a quality edge to company’s steel products.
Zamil Steel RAK, would serve the UAE markets as well as the neighboring Gulf countries. Adnan Al mansour asserted that this project would be important to their international network giving customers the best quality and dependability expected from ZS.
Adnan Al- Mansour, president of Zamil Steel explained that ZS national sales have risen sharply by 40 percent. The PEB or pre-engineered steel building sales have recorded the highest margins ever allowing ZS to maintain a market grip over PEB in GCC (co-operation council for Arab states in Gulf) countries. Adnan also added that these factors have further encouraged them to continue with their global expansion strategy.
Ibrahim Al Solaia, vice president project of Zamil Steel said that construction for the new plant began in early January at Ras Al Khaimah. The first phase is in its final stage, and small scale manufacturing has begun, however it would be fully operational by the end of first quarter of 2007. The production capacity of this plant is 40,000 metric tones per annum for PEB, open web steel joists and floor decking. The Second phase would commence towards end 2007 adding additional 12,000 metric tones per year.
The new facility would be stocked with the most upgraded and advanced technology. The customer requirements would be met in a comprehensive manner through technical and administrative departments. This plant would be integrated to Zamil industry Investment Company’s IT network giving a quality edge to company’s steel products.
Zamil Steel RAK, would serve the UAE markets as well as the neighboring Gulf countries. Adnan Al mansour asserted that this project would be important to their international network giving customers the best quality and dependability expected from ZS.
posted by Property Reporter at
10:27 PM
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