WCA May/July 2020
Industry news
Ducab launches new metals subsidiary
It will have the capacity to design solutions that will be manufactured in its existing copper rod and aluminium factories, both of which are based in Abu Dhabi, UAE. Dr Ahmad Bin Hassan Al Shaikh, chairman of Ducab, commented, “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, the company increased its copper capacity by 30 per cent to 175,000 tonnes; along with its 50,000 tonnes of aluminium, this will allow the company to expand the number of markets it serves. Mohamed Al Ahmedi, the newly appointed general manager of DMB, added, “As a stand-alone 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.
Ducab, one of the UAE’s largest manufacturing businesses, is con- solidating its metal operations into a new subsidiary. DMB (Ducab Metals Business) is 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 are included under the DMB umbrella. DMB exports 75 per cent 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 2 billion UAE dirhams in revenue. As a stand-alone com pany within Ducab Group and the only company in the region to provide both copper and aluminium solutions, DMB will be focused on serving the needs of all its customers – principally companies in the electrical manufacturing industry.
“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.” DMB www.dmb.ae ❍ HH Sheikh Ahmed bin Saeed Al Maktoum visits DMB’s stand at a trade event
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Wire & Cable ASIA – May/July 2020
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