Ducab, the leading manufacturer of high quality power cables in the Middle East, has announced a Dh687 million ($187 million) record sales achievement in 2004 – a 30 per cent increase, compared to the previous year.

Ducab, which recently stepped up its expansion plans by entering into new export markets of Iran, India, Jordan and Tanzania with major projects and distribution agreements is also set to inaugurate its new 18,000 sq m production facility in Abu Dhabi Industrial Area this month (March 2).
“We had a very successful year in 2004 and our impressive results are testimony to this,” says Colin Paskins, managing director, Ducab. This performance couldn’t have come at a more appropriate moment for us, as we commemorate the completion of 25 years of business.
Highlighting a few of Ducab’s achievements in recent years, Paskins adds: “In 1999 Ducab commissioned a new CCV line for the manufacturing of medium voltage cables. In 2000 it was presented with the Royal Society for the Prevention of Accidents (RoSPA) President’s Award for its outstanding performance in occupational health and safety over a 10-year period. In 2002, Ducab received the ISO 9001-2000 quality management certification, in 2003 Ducab won a major contract to supply cables for the Formula 1 project in Bahrain and last year Ducab was awarded the AGCC award for our environmental practices.”
“Ducab received total orders worth Dh719 million in 2004, an increase of 45 per cent from 2003. Ducab’s specialised fire resistant cables, developed for Delhi Metro was our flagship product in 2004. The Middle East and North African region (MENA) forms the major export market for most of Ducab’s products, although we also export to a lot of countries outside this region,” said Farid Mohammed Ahmed, general manager, sales and marketing, Ducab. 
“We will continue to expand our product offering and venture into new markets. Today we look back at our past and work on areas that need improvement as we make rapid strides of progress in this competitive market scenario. We will maintain our focus on the MENA region and our new plant in Abu Dhabi is projected to increase our annual capacity to almost 65,000 tonnes,” concludes Paskins.