Bekaert and EMSTEEL sign a partnership agreement to advance high-end, sustainable products and solutions with UAE-made steel
Dubai, United Arab Emirates — NV Bekaert SA (“Bekaert”) and EMSTEEL Building Materials PJSC (“EMSTEEL”) have entered a partnership to advance the production and go-to-market of high-end, sustainable products and solutions with steel made in the UAE by EMSTEEL.
The signing ceremony took place at the Middle East Iron & Steel Conference & Exhibition in Dubai, and was attended by Engineer Saeed Ghumran Al Remeithi, Group CEO of EMSTEEL, Mr Yves Kerstens, Group CEO of Bekaert, and Executive Team members of both companies.
EMSTEEL is the UAE’s largest steel and building materials manufacturer. The Group incorporates the latest innovative technologies in manufacturing, efficiency and sustainability, to deliver high-quality products, services and solutions.
Bekaert is a global market and technology leader in material science of steel wire transformation and coating technologies, and the largest independent manufacturer of steel wire products worldwide.
The companies agreed on extending their collaboration in various areas, including:
- Technical collaboration and offtake intention by Bekaert, in support of EMSTEEL’s plans to upgrade and significantly expand their wire rod portfolio in coming years.
- The opportunity assessment of downstream investments, that will enable:
- EMSTEEL to enrich its product portfolio with higher value-adding products and solutions;
- Bekaert to manufacture steel fiber reinforced concrete solutions (Dramix®) made of UAE steel;
- EMSTEEL and Bekaert to promote the benefits of sustainable construction materials and solutions across GCC markets.
“Today’s MoU is intended to serve various ambitions we have in common with EMSTEEL” said Yves Kerstens, Group CEO of Bekaert. “This includes focused strategy execution in a region with vast growth opportunities, a strong innovation drive, and explicit sustainability excellence.”
“This agreement reflects EMSTEEL’s commitment to advancing the capabilities and global reach of UAE-made steel,” said Engineer Saeed Ghumran Al Remeithi, Group CEO of EMSTEEL. “By combining our manufacturing strength and sustainability leadership with Bekaert’s world-class expertise in material science and advanced steel solutions, we are creating new pathways for innovation, value creation, and low-carbon growth.”
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