Dana Steel

Dana Steel

Dana Steel

Dana Steel, a proud member of Dana Group, has been a cornerstone of the UAE’s industrial landscape since its inception in 1991. Founded by Dr. Birbal Dana, the family business has grown from a modest office in Dubai to a diversified conglomerate with significant interests in steel, oil, healthcare, real estate, and hospitality. Today, Dana Group employs over 1,000 people across three continents, operating eight factories in industrial hubs like Abu Dhabi, Dubai, and Ajman.

Dana Steel is Dana Group’s first entity in the industrial space and is a reputed producer of flat-rolled steel products – a niche segment in the steel industry, and also a downstream manufacturer of value-added steel products serving different industries.

Speaking of their latest initiative for growth, Dana Steel recounts their seamless experience of setting up their state-of-the-art factory in KEZAD, set to be operational by the end of this year. Dana Steel’s expansion in KEZAD is part of the company’s larger goal of integrating their steel factories with the best available infrastructure and logistics support to better serve the growing demand in markets they are already present in, namely – the GCC, Africa, US, Canada and Europe.
REQUIREMENTS

The pharma industry relies on an ecosystem that provides a manufacturing and import-export advantage and is also a base for extensive scientific research and development. ADCAN Pharma wanted to leverage this support system offered by Abu Dhabi’s industrial health zone for future drug development. With this aim, they wanted to establish their facility in a space that matched the highest international standards and specifications, and a system that offered them incentives to expand their product portfolio, innovate and grow in the region, as well as to enter new markets. Local manufacturing is crucial for the growth of UAE’s health industry and ADCAN Pharma aimed to be an important player in this growth.
SOLUTION

Businesses in the UAE benefit from the cutting-edge infrastructure of industrial parks, designed to support the growing demands of the manufacturing sector. Having been in the steel manufacturing business for two decades, Dana Steel has been a keen spectator of the UAE’s phenomenal growth story and an enthusiastic participant in its industrial progress. The exceptional economic growth seen in the last three years especially is a result of concerted efforts to build industrial zones that are conducive to such growth. Discerning KEZAD’s advanced infrastructure and competent logistics ecosystems that propel the development of industry, Dana Steel decided to leverage the opportunities offered for steel manufacturing.

Coming to KEZAD was a conscious choice for the competitive advantage provided by its central location, connectivity to regional and global markets and the multipronged offerings suited to our business. The world-class infrastructure of its collaborative industrial ecosystems and seamless customer service are unparalleled bonuses for business establishments.

Dr Ankur Dana

CEO, Dana Group

OUTCOME

Dana Steel is embarking on an exciting journey with the development of their 58,000 square metre factory in KEZAD, a project that embodies a commitment to sustainability and innovation. This facility will unfold in two dynamic phases, marking the beginning of Dana Steel’s ambitious vision to revolutionise the steel industry with green product lines, including galvanised and cold rolled steel coils. The synergetic relationship with KEZAD is based on earnest sustainability goals envisioned by both companies. The proximity to Etihad Rail’s network, providing access to key markets such as Saudi Arabia and Oman is a strategic benefit and when functional, it will involve a greener and more economical way of transporting goods to these countries. The steel industry is energy intensive and requires extensive supply of power and energy to heat up furnaces. KEZAD’s extraordinary infrastructure with access to good sources of heat energy – both gas and electricity – has allowed Dana Steel the space and opportunity to focus on their upcoming development. Looking ahead, the ammonium plant project within KEZAD will be an added advantage as ammonium is a key source of energy. This partnership is more than a business endeavour; it’s a shared commitment to creating a better, greener future. Together, Dana Steel and KEZAD are setting a new standard for the industry and making a lasting impact on the world