Ducab—one of the leading manufacturers of high-quality power cables in the Middle East—has announced today (February 29 2012) during a press conference held in Dubai, record sales of AED 4.9bn for 2011, representing a 39% increase over the previous year. Significant areas of growth included 25% higher sales to the Utilities sector and a record 250% increase in sales to the Oil, Gas and Petrochemical sector.
Dubai Ducab has applied to become the preferred cables supplier for the UAE’s nuclear power plants and is hopeful of approval by the end of the year, company chairman Ahmad Al Shaikh said yesterday.
In a move to accelerate the introduction of world-class high voltage technology to the UAE, Ducab HV has signed a collaboration agreement with J-Power Systems Corporation (JPS), an equally owned joint venture of Sumitomo Electric Industries, Ltd. and Hitachi Cable, Ltd., covering all areas of high voltage cable technology.
Ducab’s Dh500 million high voltage (HV) cable plant, which opened yesterday, is expected to export 75 per cent of its production to GCC, European and African markets, according to a top company executive.
Power cables manufacturer supports 2nd Annual Middle East Fire Safe 2011 as part of safety promotion strategy
Ducab, one of the leading manufacturers of high-quality power cables and wires in the Middle East, has announced a series of training and awareness sessions conducted in cooperation with the International Copper Association (ICA) to raise the level of awareness on making buildings electrically safe. The ICA is the apex body that promotes the application and use of copper across various industry sectors. A series of sessions have been hosted in Abu Dhabi and Dubai respectively in September 2011 and will be followed by more sessions for the other Emirates.
Following on from the recent announcement of record sales of AED 3.6bn for 2010, Ducab—one of the leading manufacturers of power cables in the Middle East—has now earned its third consecutive recognition as a UAE Superbrand. The company was one of the few Industrial brands honoured with the recognition as a Superbrand – an award for marketing excellence more normally associated with well known consumer and retail businesses.
Winners awarded for effort and achievements as sales rocketed by 65%
In a special initiative designed to recognize the contribution of its distributors, resellers and sales teams, Ducab—one of the leading manufacturers of high-quality power cables in the Middle East–awarded high performing business partners with all expenses paid trips to the Indian Premier League cricket final in India. The aim of this promotion was to encourage the sales of wires and flexible cords in the UAE over a 3 month period.