Ducab, the leading manufacturer of high-quality power cables in the Middle East, has achieved record sales worth AED 700 million for the first half of 2006.
During the first half, Ducab won a string of major utilities contracts, from Dubai Electricity and Water Authority (DEWA) Federal Electricity and Water Authority (FEWA), Saudi Electric Company and Abu Dhabi Water and Electricity Authority (ADWEA) worth a total of over AED 600 million.
2006 marks Ducab’s strong performance within the Oil, Gas and Petrochemical sector. Ducab received orders from Bechtel Huston - USA, Snamprogetti SpA - Italy, S.K. Engineering - Korea, Chiyoda Corporation - Japan, Technip - France and other reputed international EPC contractors. The orders were for the supply of MV & LV cables to major projects around the region including AGD II, OGDIII, NGL III in Abu Dhabi, KOC upgrade in Kuwait and Ras Gas in Qatar.
Colin Paskins, Managing Director, Ducab, said, “This has already been an extremely successful year for us and all indicators of growth have been particularly positive. The impressive sales result is certainly commendable by any standards, and we are glad that we have efficiently catered to the growing demand for high quality cables in the region. In the last few months we have signed deals with several major clients from the government and private sector and we look forward to maintaining this momentum for the rest of the year.”
Ducab also announced that its Abu Dhabi factory, which recently completed one year of operation, has a new building wire manufacturing facility which is now fully operational.
The Abu Dhabi factory was recently awarded an ISO 14001 Environmental Management System certificate and an OHSAS 18001 Occupational Health and Safety certificate by BASEC (British Approval Services for Cables). These certifications are the latest in a string of recognitions achieved by the company.