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Tuesday, April 23, 2024

Ducab Metals Business enters partnership agreement with top US group


Ducab Metals Business (DMB), a major supplier of copper and aluminum solutions in the region, has signed an agreement with CTC Global, a leading US manufacturer of high-efficiency conductors, making the organization the sole manufacturer of CTC Global’s high-volume products, the UAE’s energy-saving ACCC conductor.

DMB, one of the main business units of the Ducab Group, said the agreement makes it the only UAE manufacturer of CTC Global’s high-capacity, energy-efficient ACCC conductors using composite cores imported from the US to help expand market share in the country . grid and improve its efficiency, capacity and reliability while reducing greenhouse gas emissions.

The application of these advanced conductors will accelerate the integration of renewable energy generation into the national power system.

The agreement was signed today (9 March) at a special ceremony held by Middle East Energy in the presence of Mohamed Al Ahmedi, CEO of DMB; Charles Mellagui, CEO of Ducab Cables Business, Senior Vice President, Middle East and North Africa, CTC Global Steve Jackman and Frank Joseph, Chief Commercial Officer, US Consulate General in Dubai.

“DMB’s vision is to be a leading global provider of innovative and high-value energy solutions, with sustainability always at the heart of all our activities,” said Al Ahmedi.

“We are committed to the UAE’s efforts to combat climate change and reduce carbon emissions, and to this end fully support the strategic initiative to achieve net zero by 2050, especially before COP28. The initiative calls for deeper carbon emission reductions and large-scale implementation of CTC Global’s energy-efficient conductors are an important step towards this goal,” he noted.

“Furthermore, the agreement we signed with CTC Global not only expands our partner network, but also allows us to manufacture their cutting-edge products in the UAE, in line with our ongoing commitment to and support of ‘Made It in America’. Emirates’ initiative ,” he added.

Regarding the deal, Jackman said: “For CTC Global, the Ducab division is a trusted and reliable partner in the Middle East, and its industry leadership in the UAE will ensure that the benefits of our high-performance conductors are maximized. ”

“This partnership will accelerate Ducab’s growth strategy through high-efficiency and high-capacity ACCC conductors. As the UAE recognizes the need to further improve grid and water efficiency, we hope that through this partnership, we will be able to achieve COP28 goals in a certain way.” contribute to their strategy in a meaningful way,” he added.trade arab news agency


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