DGAP-News: Photo Release -- Emirates Steel Delivers First Nuclear-Grade Metal
(firmenpresse) - Emirates Steel
16.09.2013 12:18
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ABU DHABI, United Arab Emirates, 2013-09-16 12:18 CEST (GLOBE NEWSWIRE) --
The first shipment of 'UAE Made' nuclear grade reinforcing steel, produced by
Emirates Steel, was delivered to Barakah, ENEC's selected site of the UAE
peaceful nuclear energy program.
A photo accompanying this release is available at
http://www.globenewswire.com/newsroom/prs/?pkgid=20952
Emirates Steel is the only steelmaker in the MENA region qualified to supply
Q-class (nuclear quality) reinforcing steel to the UAE nuclear energy program
and the fourth company in the world to be qualified by the American Society of
Mechanical Engineers (ASME) to produce Nuclear Qualified reinforcing rebar.
Over a two-year period, the Emirates Nuclear Energy Corporation (ENEC)
collaborated with Emirates Steel to match its quality processes with the
highest standards in the world and obtain ASME Material Organization
certification. 'In the nuclear energy industry, there is no greater priority
than safety. To ensure the highest standards of safety in all aspects of our
construction and operations, every product and every component must be of the
highest quality standards. In order to achieve this, every supplier is subject
to an extensive evaluation and assessment,' said Mohamed Al Hammadi, ENEC CEO.
'It took us more than two years to make the grade and to implement a nuclear
quality system that would allow us to manufacture and supply nuclear quality
products to the UAE peaceful nuclear energy program,' added Saeed G Al
Romaithi, CEO of Emirates Steel.
Following the achievement of ASME certification, the first order of 45,000 tons
of rebar, of which 5,000 tons are Q-class, has now been delivered to the
project site at Barakah in the Western Region of Abu Dhabi. Further orders will
be placed over the course of the next seven years as the construction of ENEC's
four nuclear energy plants progresses.
About ENEC
ENEC is working to deliver safe, clean, efficient and reliable nuclear energy
to the United Arab Emirates. Established in December 2009, ENEC specializes in
the deployment, ownership and operation of civil nuclear energy plants within
the UAE, with a mission to deliver electricity to the UAE grid in 2017.
www.enec.gov.ae
About Emirates Steel
Emirates Steel is the only integrated steel plant in the UAE producing rebar,
wire rod and heavy sections. Established in 1998, the steelmaker has a capacity
of 3.5 million MTPA, following two expansions and the investment of US$ 3
billion. www.emiratessteel.com
CONTACT: Majed Taifour
majed.taifour(at)emiratessteel.com
News Source: NASDAQ OMX
16.09.2013 Dissemination of a Corporate News, transmitted by DGAP -
a company of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
DGAP's Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de
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Language: English
Company: Emirates Steel
United Arab Emirates
Phone:
Fax:
E-mail:
Internet:
ISIN: US9902775199
WKN:
End of AnnouncementDGAP News-Service
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Datum: 16.09.2013 - 12:18 Uhr
Sprache: Deutsch
News-ID 296748
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