[[Building Construction]] [[Environmental Design]] [[History and Theory]] [[Structures]] [[Urban and Planning]] --- --- [[ARCHITECTURE]] [[Buildings and [[Structures]]]] [[Group]] [[Initiative]] [[Louvre]] [[Steel]] [[Zero]] [[emsteel]] [[wiki-architecture]] # Emsteel EMSTEEL PJSC is an Emirati industrial steel and building materials company based in Abu Dhabi. It is a publicly listed company and is majority owned by ADQ, the Abu Dhabi government's holding company, through its subsidiary Senaat. History EMSTEEL was formed through the merger of two separate entities: Emirates Steel, established in 1998, and Arkan Building Materials, founded in 2005. Both were established as part of Abu Dhabi's strategy to diversify its economy beyond the oil sector. Saeed Ghumran Al Remeithi serves as the Group Chief Executive Officer of the company and Vice Chairman – Arab Iron and Steel Union. In 2021, the holding company ADQ initiated a merger between the two companies, which was completed in the fourth quarter of that year. The transaction was structured with the publicly listed Arkan acquiring Emirates Steel, forming a combined entity with assets valued at approximately AED 13 billion (US$3.5 billion). The merged company operated under the interim name Emirates Steel Arkan. On September 5, 2024, the group was renamed as EMSTEEL. Within the same year, EMSTEEL allocated over AED 3.5 billion to local procurement, working with more than 1,365 local suppliers and directing 48.2 percent of its procurement spending to domestic companies. In October 2024, EMSTEEL announced the completion of a green hydrogen pilot project, developed with Masdar, to produce green steel. Operations EMSTEEL operates 16 plants with an annual production capacity of approximately 3.5 million tonnes of steel and 4.6 million tonnes of cement and is the largest manufacturer of steel and building materials. Its products have been used in notable landmark developments such as the Burj Khalifa, Sheikh Zayed Grand Mosque, Louvre Abu Dhabi, Yas Marina Circuit, and Warner Bros. World Abu Dhabi. EMSTEEL operates through two primary divisions: Emirates Steel and Emirates Cement. The group supplies products to the local market and to over 72 international markets. Additionally, EMSTEEL holds a 60% share of the UAE's steel market and accounts for 10% of Abu Dhabi’s non-oil manufacturing output. The Emirates Steel division runs a vertically integrated steel complex in Abu Dhabi which uses a carbon capture system. Its main products include reinforcing bar (rebar), wire rods, and heavy sections used in construction, infrastructure, and energy projects. The Emirates Cement division includes subsidiaries such as the Al Ain Cement Factory, Emirates Blocks, and Anabeeb, which manufacture cement, clinker, concrete blocks, and pipes for the regional construction industry. Sustainability initiatives EMSTEEL has a decarbonisation strategy to reduce absolute greenhouse gas emissions by 40% in its Steel Business Unit and 30% in its Cement Business Unit by 2030, from a 2019 baseline. The stated goal is to achieve net-zero emissions by 2050. This strategy aligns with the UAE’s Net Zero by 2050 Strategic Initiative and the Paris Agreement. As of 2023, the company's total Scope 1 and Scope 2 emissions were 4.5 million tonnes of CO₂, representing a 23% reduction from the 2019 baseline. The strategy includes implementing process optimisation technologies, using alternative fuels, and sourcing 100% of its electricity from clean energy by 2030. In support of its sustainability goals, EMSTEEL launched its first Green Finance Framework to align its capital-raising activities with its long-term sustainability and decarbonisation goals. The framework is designed to support the company's roadmap for achieving net-zero emissions. EMSTEEL has also received global recognition for its sustainability commitments, including an MSCI AA rating and the ResponsibleSteel certification, the latter of which it is the only company in the MENA region to hold. Partnerships Since 2016, the company has partnered with ADNOC on its Al Reyadah Carbon Capture, Utilisation, and Storage (CCUS) facility, which processes CO₂ captured from the company's steel operations. In September 2024, EMSTEEL was appointed as Co-Chair of the Alliance for Industry Decarbonisation (AFID), led by the International Renewable Energy Agency (IRENA), alongside Siemens Energy, replacing Tata Steel within the alliance leadership role. Emiratisation EMSTEEL reports an Emiratisation rate of 52% within its workforce. The company has implemented initiatives to support national Emiratisation goals. References External links Official website