posted on 05/02/2008: 1205 views
Emirates Steel Industries (ESI) today signed a contract worth Dh1billion with Italy's Danieli Corporation for the expansion of the ESI steel manufacturing factory located at Abu Dhabi's prestigious industrial city ICAD1. Once completed the plant will have a total production capacity of three million tons p.a. the current production capacity is two million tons p.a. The agreement was signed by Chairman of Abu Dhabi Crown Prince's Court and Chairman of ZoneCorp Sheikh Hamed bin Zayed Al Nahyan and Gianpetro Benedetti, Chairman and CEO of Danieli Corporation in the presence of a large number of senior officials.
Emirates Steel Industries (ESI), formerly Emirates Iron and Steel Factory (EISF) is wholly owned by government Abu Dhabi. The factory is the largest steel plant in the UAE, utilizing the latest rolling mill technology to produce reinforcing bars for the construction industry. Established in 2001 to satisfy the growing demand for quality steel products for the UAE's fast developing construction sector, ESI is the only significant domestic supplier of deformed reinforcing steel bars (rebars). - Emirates News Agency, WAM
|03 March 2014||Excellence 'an operating imperative' in UAE aluminium industry|
|24 February 2014||QCC launches Toys Conformity Scheme in Abu Dhabi|
|18 February 2014||Dubal records 13% rise in ’13 net profit|
|17 February 2014||Emirates Steel revenues up as output rise|
|11 February 2014||Borouge and Borealis underline their position as leading providers to Middle East wire industry|