October 3, 2013
Ducab has established a joint venture with Abu Dhabi-owned Senaat to manufacture aluminium rod mill in Khalifa Industrial Zone Abu Dhabi, or Kizad.
Senaat, which is the industrial manufacturing arm of Abu Dhabi, will hold a 40 per cent share in the new entity called Ducab Aluminium, which will set up the Dh220 million project in Kizad, around Emal smelter’s aluminium cluster called KP3, Senaat.
The project will use liquid aluminium or hot metal available from the “hot metal road”, which will run through the whole cluster for industries to use it in order to save energy cost spent on melting aluminium.
The plant will produce 50,000 tons of electrical conductive grade and aluminium alloy rods, wires and bare overhead conductors, which have market in the GCC and Asia. In the future, the products will be exported to Europe and India.
The construction of the plant will begin early next year while commercial production is expected to come out in 2016.
Last year, Senaat set up a joint venture with Gulf Extrusion to produce extruded aluminium and aluminium extrusion-based products for regional and international markets. The $200 million plant, which has a production capacity of 50,000 tons per year, is all set to commence commercial production in the coming months.
