The decision to commission the plant follows the increasing demand for high-quality steel products in both the UAE and export markets. With the new plant, the parent company is aiming to strengthen its presence in the region's construction and manufacturing sectors and enhance its standing with cross-border e-commerce platforms. The acquisition is expected to benefit the UAE economy by creating job opportunities and facilitating economic growth.
Commenting on the new plant, Bharat Bhatia, CEO of Conares, said, "We are excited to announce the launch of our new color-coated steel plant in the UAE. This strategic move is in response to our customers' needs and will benefit the local authorities and the economy by boosting steel production in the country."
Taishan Industrial Development Group is headquartered at the foot of the beautiful Mountain Tai in China. It has convenient sea and land transportation facilities and relies on strong local logistics distribution production to form a multi-industry industrial cluster company that integrates production, processing, sales, and logistics into a modern comprehensive enterprise.
Conares is a leading steel manufacturing company that specializes in the production of downstream products such as hot-rolled, cold-rolled, and galvanized steel. The company is poised to become a leading supplier of coated steel products in the UAE and the rest of the region.
The UAE has emerged as a global business hub in recent years and is home to several international organizations, creating enormous opportunities for businesses in various sectors. The ongoing construction and development projects across the UAE require the use of high-quality steel, which presents significant growth opportunities for Conares.
The company is determined to leverage the region's advantageous business environment to boost its global footprint and gain a competitive edge in the industry. The new color-coated plant is not only a testament to the company's commitment to meeting the needs of its customers but also shows the strength and capability of its manufacturing operations.
Conares works with leading architects, builders, and engineers in the construction industry to produce high-quality steel products that are designed to last. The company is leading the way in the UAE's steel industry, thanks to its modern manufacturing processes, focus on quality, and its commitment to sustainability.
In conclusion, the commissioning of the new color-coated steel plant in the UAE by Taishan Industrial Development Group through Conares is a significant milestone for the company. With an annual production capacity of 100,000 mt, the plant is expected to strengthen the UAE's presence in the construction and manufacturing sectors, create job opportunities, and facilitate economic growth. Conares is confident that it can leverage the region's favourable business environment to enhance its global standing and compete in the industry.