image description
image description

Archives


  • 24-04-12

    Emirates Steel set to start USD817m 3rd expansion

    (MENAFN) Emirates Steel unveiled plans for the USD817 million pahse 3 expansion of its plant this year, the Construction Week reported. Emirates Steel is a subsidiary of Abu Dhabi Basic Industries Corporation (ADBIC), which is wholly owned by General Holding Corporation (GHC), an Abu Dhabi government-owned industrial investment vehicle. Hussein Jasim Al Nowais, chairman of GHC, said phase 3 expansion is aimed at boosting the plants output capacity by 2 million tonnes annually. The new facility is expected to run in mid-2014 The third phase will facilitate a steel melting plant, a hot rolled coil mill and ancillaries that will manufacture products aimed at the downstream industrial market.

Follow us

RSS
Terms & Conditions  |  Privacy & Security  |  Contact Us  | Sitemap
© 2024 BBK  |  All Rights Reserved