EBS secures AED 225 million worth contracts
The steel manufacturing industry in the Middle East is undergoing a paradigm shift driven by rapid technological advancements
UAE: Emirates Building System (EBS) a leading steel structures manufacturer in the Middle East and a subsidiary of Dubai Investments, has announced significant new contracts, including the Advanced Manufacturing Plant, AMP-2 for Lucid Motor in King Faisal Abdullah Economic City, Saudi Arabia, the Catering Central Building and Laundry Building for Catrion in the Red Sea, Saudi Arabia, the ADNOC Gas Processing and Habshan CO2 Recovery in Abu Dhabi, UAE and part of the steel structure for the 82-floor Habtour Tower, in Dubai.
The contracts are valued at over $61 million (AED 225 million), underscoring EBS’s position as a trusted partner in the region’s steel manufacturing and construction industry.
Expanding portfolio
These new contracts complement EBS's existing projects, which include the Calcined Petroleum Coke Plant in Oman and aircraft hangars for Etihad Engineering in Abu Dhabi.
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Meeting growing demand
With the anticipated increase in steel demand, EBS is poised to capitalize on this growth by enhancing its technological capabilities and expanding its workforce to ensure timely project delivery.
Commitment to excellence
Joseph Chidiac, General Manager of EBS, emphasizes the company's dedication to quality and sustainability. He pledges to exceed client expectations while contributing to the region's industrial evolution, reinforcing EBS's commitment to excellence.
EBS maintains stringent quality management standards across its internal systems and processes and its commitment to quality and environmental standards has been recognized with ISO 9001:2015, ISO 14001: 2015, ISO 45001:2018, and CE marking certificate.
Prospects
EBS is currently in discussions for additional high-value projects, indicating that EBS is set to lead the way in the Middle East's steel manufacturing landscape. According to recent reports by the World Steel Association, steel demand in the Middle East and North Africa is expected to grow significantly, with forecasts predicting approx. 3.2% increase in 2024.