Just in:
Dubai Holding’s Consolidation Move Raises Questions About Property Market Stability // 100 days of UAE’s COP28 presidency: Bouquets and brickbats // Stepping into History: Saudi Arabia Launches Virtual Realm for Cultural Exploration // Kenanga Investors Receives 2024 Lipper Recognition for Consistent Fund Performance // Muslim Council Hails Al-Azhar’s Legacy on Millennial Anniversary // Football Gets a Financial Boost: FIFA Approves $2.25 Billion for Development // Mudrex Offers Indian Investors Access to US Bitcoin ETFs // Empowering Women, Building Resilience: UAE Champions Gender Equality in Climate Solutions // E-commerce Powerhouse Emerges as Shams and Smart.Studio Join Forces // Forex trading during the holy month of Ramadan // Cracking Down on Exploitation: UAE Outlines Penalties for Organized Begging // Axe Management Partners Completes Purchase of Three Osaka Hotels from CapitaLand Ascott Trust // National Push for Healthier Plates: Ministry Launches Campaign on Balanced Diets // Navigating AI landscape: Fostering digital agility and resilience // CAA’s Implementation Just Before National Election Looks Purely Political // HKSTP Unveils Top 74 Global Startups Confirmed for EPiC 2024 Grand Finale // Andertoons by Mark Anderson for Mon, 18 Mar 2024 // Blue Cross Partners with AlipayHK on Easter Promotion Travel Smart 5-day Single-trip Cover for Only HK$1 // 2024 China Corporate Payment Survey: Payment delays continued to shorten, but corporates increasingly cautious // Emirati Spacefarers Chart New Territory in Scientific Research //
HomeChannelsFeaturedDucab to launch new metal subsidiary

Ducab to launch new metal subsidiary

Musaffah factory e1583225455602

Arabian Post Staff

 Ducab is consolidating its metal operations into a new subsidiary -DMB, a dedicated business unit within the Ducab Group of companies supplying “Made in UAE” copper and aluminium solutions. Ducab Aluminium Company (DAC) and Ducab Copper Rod Plant, which have over 160 employees between them, are included under the DMB umbrella.

Today, DMB exports 75% of its production to more than 35 countries in the wider Middle East, Africa, Asia, Europe, and the Americas. In 2019, Ducab’s copper and aluminium business generated over AED2 billion in revenue.

ADVERTISEMENT

DMB, a stand-alone company within Ducab Group and the only company in the region to provide both copper and aluminium solutions, will be focused on serving the needs of all its customers – principally companies in the electrical manufacturing industry. DMB will have the capacity to design solutions which will be manufactured in DMB’s existing copper rod and aluminium factories, both of which are based in Abu Dhabi, UAE.

Dr. Ahmad Bin Hassan Al Shaikh, Chairman of Ducab, said: “The launch of DMB aligns with the growth of the metals segment within Ducab and gives us the opportunity to focus a dedicated team on the needs of our metal customers.”

“In 2019 we increased our copper capacity by 30% to 175,000 tonnes and this enhanced capacity, along with our 50,000 tonnes of aluminium, will allow us to grow the number of markets we serve.”

DMB inherits Ducab Group’s strong reputation for quality and service that has been built up over the last decade and now adds the advantage of a stand-alone focused structure.

 Mohamed Al Ahmedi, the newly appointed General Manager of DMB, added: “As a standalone business dedicated to this field, the creation of DMB will allow us to further improve the service of our clients whilst opening new opportunities to expand our reach. By further developing our capacity for metals solutions and services, DMB can contribute to the UAE’s flourishing industrial supply chain and contribute to the UAE’s strategy to champion industrial investments


Also published on Medium.

ADVERTISEMENT

ADVERTISEMENT
Just in:
Putin warns of World War 3 in first comments after win // Stepping into History: Saudi Arabia Launches Virtual Realm for Cultural Exploration // Kenanga Investors Receives 2024 Lipper Recognition for Consistent Fund Performance // National Push for Healthier Plates: Ministry Launches Campaign on Balanced Diets // 2024 China Corporate Payment Survey: Payment delays continued to shorten, but corporates increasingly cautious // CAA’s Implementation Just Before National Election Looks Purely Political // E-commerce Powerhouse Emerges as Shams and Smart.Studio Join Forces // China Tower (788.HK) Announces 2023 Annual Results // Blue Cross Partners with AlipayHK on Easter Promotion Travel Smart 5-day Single-trip Cover for Only HK$1 // Supreme Court deals another blow to govt, SBI in electoral bond case // Cracking Down on Exploitation: UAE Outlines Penalties for Organized Begging // Forex trading during the holy month of Ramadan // Bidenomics is all about fiscal largesse // Football Gets a Financial Boost: FIFA Approves $2.25 Billion for Development // Electoral Bonds In His Troubled Mind, Modi’s Stock Goes South // Emirati Spacefarers Chart New Territory in Scientific Research // Adapting to the Digital Evolution: Strategies for Online Trading in the UAE // Axe Management Partners Completes Purchase of Three Osaka Hotels from CapitaLand Ascott Trust // Muslim Council Hails Al-Azhar’s Legacy on Millennial Anniversary // ViewQwest Commits to Responsible Innovation in Brand Refresh //