Standardization plays a key role in Emirates Steel Arkan’s strategy for diversifying its revenue sources and increasing international exports
Abu Dhabi, UAE – Emirates Steel Arkan (ADX: EMSTEEL), the largest publicly traded steel and building materials company in the UAE, this week took part as the diamond sponsor of the 2022 Annual Meeting of the International Organization for Standardization (ISO) which took place at the ADNOC Business Center in Abu Dhabi between 19-23 September.
Standardization plays a key role in Emirates Steel Arkan’s strategy for diversifying its revenue sources and increasing international exports. The Group’s support of the ISO meeting will help facilitate dialogue around international standards and their role in addressing global challenges.
Engineer Saeed Ghumran Al Remeithi, Group CEO of Emirates Steel Arkan, said: “This year, we increased the number of our export markets to over 60, with half of our steel output now going to customers all over the world, each with their own product specifications. Managing the quality of our product range is critical to the success of our business and only viable through the application of internationally recognised standards. Decarbonization is another factor which demands the application of new standards. Standardizing decarbonization potentials in our industry would support the decarbonization of energy-intensive industries. That is why we are proud to be a diamond sponsor of this event.
He added, “The UAE’s hosting of the ISO event underlines its international reputation in standardization and highlights the country’s role as a leading global industrial hub and trusted industrial partner of choice. By hosting this year’s ISO annual meeting, the UAE has shown its commitment to implementing the top international standards and supporting the national economy by establishing a new era of excellence and quality.”
Organized by the Ministry of Industry and Advanced Technology (MoIAT), the event will take place in the presence of Her Excellency Sarah bint Yousef Al Amiri, the UAE Minister of State for Public Education and Advanced Technology and Ulrika Francke, President of ISO.
About Emirates Steel Arkan Group
Emirates Steel Arkan Group is a public joint stock company (ADX: EMSTEEL) and the UAE’s largest steel and building materials manufacturer. The Group leverages cutting-edge rolling mill technologies to supply the domestic and international markets with high-quality finished products including wire rods, rebars, heavy sections and sheet piles. Additionally, the Group produces premium cement, blocks, pipes, and dry mortar, creating a one-stop shop for the manufacturing and construction sectors.
Emirates Steel Arkan is the largest producer of heavy and jumbo sections, the only producer of hot rolled sheet piles in the region and the fourth steelmaker in the world to receive the ASME accreditation to produce nuclear grade rebar. The Group is also the first steelmaker in the world to capture its CO2 emissions and the first manufacturing company in the Middle East to be verified for (LEED) green building system documentation.
The Group is actively contributing to the UAE's industrial strategy ‘Operation 300bn’ by delivering market-leading products to local industries, creating job opportunities for UAE nationals, and enhancing its sustainable practices. Through SENAAT, Emirates Steel Arkan is part of ADQ, one of the region’s largest holding companies with a broad portfolio of major enterprises spanning key sectors of Abu Dhabi’s diversified economy.
For more information, please visit our website: www.arkan.ae.
Media Contacts: Mohammad Daggamseh Head of Media & Communication mohammad.daggamseh@emiratessteel.com
Disclaimer: The contents of this press release was provided from an external third party provider. This website is not responsible for, and does not control, such external content. This content is provided on an “as is” and “as available” basis and has not been edited in any way. Neither this website nor our affiliates guarantee the accuracy of or endorse the views or opinions expressed in this press release.
The press release is provided for informational purposes only. The content does not provide tax, legal or investment advice or opinion regarding the suitability, value or profitability of any particular security, portfolio or investment strategy. Neither this website nor our affiliates shall be liable for any errors or inaccuracies in the content, or for any actions taken by you in reliance thereon. You expressly agree that your use of the information within this article is at your sole risk.
To the fullest extent permitted by applicable law, this website, its parent company, its subsidiaries, its affiliates and the respective shareholders, directors, officers, employees, agents, advertisers, content providers and licensors will not be liable (jointly or severally) to you for any direct, indirect, consequential, special, incidental, punitive or exemplary damages, including without limitation, lost profits, lost savings and lost revenues, whether in negligence, tort, contract or any other theory of liability, even if the parties have been advised of the possibility or could have foreseen any such damages.