UAE-based Dana Steel, a subsidiary of Dana Group of Companies, has launched its fourth coil service centre in the GCC.
The new facility, Dana Steel Processing Industry Ajman Coil Service Centre, is located in Ajman Al Jurf 2 Industrial Area.
The commissioning of the new unit will increase steel processing capacity by 250,000 tonnes annually, according to a company statement.
Dana enlisted the services of experienced South Korean companies to design the new cut-to-length and slitting machine at its new project in Ajman.
The new cut-to-length line will be able to process steel coils of maximum 40 tonnes in weight, in a thickness range of 0.1 mm to 15 mm, in coil width of 800 mm to 2,000 mm and of all grades including commercial, shipbuilding, and high tensile strength coils, the statement said.
Dana Steel also stated that this is one of the most modern cut-to-length lines in the region capable of handling heavy and wide coils.
The unit is fitted with modern equipment, and all processes are computer-controlled to set up different modes and speeds of steel slitting and cutting.
Special attention has been paid to environmentally-friendly technological solutions to minimise the unit’s environmental footprint.
Dr Ankur Dana, CEO of Dana Group of Companies, said: “The construction of the new cut-to-length and slitting line was part of Dana Group’s operational efficiency (OPEFF) programme to modernise production at Dana Steel Processing Industry.
“This OPEFF programme is aimed at enabling the company to adjust its operations in response to changing demand of the steel industry specifically for Middle East and North Africa and South East Asian region.”
Dana Steel’s development strategy also plans to organise the production of slit coils, roll formed products, optimised drum making operations, and modernisation of cut-to-length and slitting line machine in the plate mill, as well as increasing production capacity of the Dana Steel Processing Industry Ajman Coil Service Centre.
Dr Birbal Singh Dana, chairman of Dana Group of Companies, said: “As part of Dana Group’s OPEFF programme, we have also completed the refurbishing of Dana Steel Umm al Quwain panel machine.
“Also, the launch of Dana Group’s drum making factory and grease manufacturing plant will give a new momentum to Dana Group’s development.”
The group invested a total of $40m (AED146.9m) in the construction for Dana Group’s OPEFF programme in 2016.