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The facility will help increase Dana Steel’s manufacturing capacity in the GCC by replacing imported raw materials, such as cold-rolled full-hard coil, with new UAE-made supply.
By providing the base for Dana Steel’s first plant in Abu Dhabi, KEZAD Group has extended its support for Abu Dhabi’s Industrial Strategy, which aims to increase the size of the emirate’s manufacturing sector by 2031 through a series of transformational programs More than double that to 172 billion dirhams.
Khalifa Economic Zone, Abu Dhabi – Mohamed Al Khadar Al Ahmed, CEO of KEZAD Group, said: “Investors such as Dana Steel are choosing our industrial ecosystem as a base to grow their business in the UAE and globally. We look forward to supporting Dana Steel in its journey to serve customers and expand its international presence by achieving vertical integration of its manufacturing supply chain.”
Dr Ankur Dana, CEO of Dana Steel Industry, said: “With the growing global demand for high-quality steel products, we are delighted to launch this milestone project at KEZAD, which builds on our efforts to add value to our customers across continents . The project will be our 9th industrial facility in the UAE and several unique factors led us to choose KEZAD for this investment, including the provision of world-class infrastructure, seamless connectivity to global markets and competitive easy access to natural gas at affordable prices.”
Established in 2017, Dana Steel is one of the largest and most modern manufacturers of Hot Dip Galvanizing (HDG), Aluzinc (AZ) in the region to the consumer market in more than 50 countries in Middle East, Africa, Europe and America , Prepainted Galvanized (PPGI), Prepainted Aluminum Zinc (PPAZ) and Prepainted Aluminum (PPAL) steel coils and sheets.
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