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OSE Industries, a subsidiary of Dubal Holding, has successfully completed the expansion of its existing manufacturing facility in Dubai Industry City, increasing its production capacity by 50% to 12,000 metric tons (mt) per annum.
The expansion project was completed on schedule and within the budget approved by the OSE Board of Directors and required the construction of a new plant alongside the company’s existing facilities, along with the installation of additional modern extrusion presses and other state-of-the-art equipment. – Art machinery.
Ahmad Hamad Bin Fahad, CEO of Dubal Holding, said: “We are proud to have completed our expansion plan on time and within budget. This is in line with our strategy of investing in key growth areas in the region to gradually expand its industrial footprint. Thanks to OSE is a well-known brand of MPE pipes, especially in the electric vehicle industry, so this development is crucial as it provides added value to downstream operations. With the additional capacity, the company will be able to cater for new and old vehicles, electric vehicles, HVAC Air conditioning and other industrial customers’ needs.”
Business expansion
Magdy Samoul, CEO of OSE Industries, said: “We are very excited about expanding our business in the UAE, which we believe is the result of our partnership with Dubal Holding. Our long-term partnership has helped us steadily grow the company and we believe it Will continue to do so. In 2014, OSE launched two extrusion presses and a product line for the automotive, HVAC and industrial profile markets. Currently, OSE stands for its innovative solutions, high-quality products and customer focus oriented approach and has become the preferred supplier for many customers.”
Over the next few years, OSE intends to significantly reduce its carbon footprint in line with the UAE’s Net Zero 2050 strategy. In a move towards more environmentally friendly products, the company is actively working with its key billet suppliers as well as customers to increase the amount of recycled aluminium in its products.
In addition, the company’s carbon footprint will also be significantly reduced as the company completes the installation of solar panels at its existing and new facilities. — arab trade news agency
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