Sunday, February 17, 2013

Ducab showcases range of energy cables

Ducab will be prominently represented at stand 7E10, Hall 7, at the 38th edition of Middle East Electricity running from February 17th to 19th 2012 at the Dubai International Exhibition Centre. Held under the patronage of His Highness Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, Deputy Ruler of Dubai, MEE is not just the largest power event in the region but also the longest-running.

Ducab's participation at MEE will see it network with existing suppliers and customers, and also reach out to potential clients in new markets. The company's presence at MEE comes on the back of a string of recent project wins, including an Dhs140m contract for the South Al-Shamkha Infrastructure Development project in Abu Dhabi, Dhs57m for Abu Dhabi's Cleveland Clinic project, Dhs20m for Abu Dhabi's Presidential Palace Development project in Abu Dhabi worth Dhs20m, and Dhs10m for the Ras Al Khair project. The company has also scored projects from the US Government worth Dhs4.4m in Afghanistan.

"Ducab's participation at MEE 2013 helps it reach out a diverse audience of potential channel partners, suppliers and customers while reaffirming ties with existing ones. Ducab wants to maintain leadership in local market, but also take its UAE-manufactured, high quality products to regional and international markets. We believe MEE is the right platform to facilitate that expansion," said Colin McKay, GM- Sales & Marketing, Ducab while introducing the new range of "Tuff DuFlex" wires and cables. Ducab is the only BASEC approved cable and wire manufacturer to offer wires operating in stringent conditions ranging from -40deg C to 105deg C

Ducab's MEE participation will serve as a showcase for the company's extensive range of copper and aluminium cable products, including those in the 400kV class, which will soon be offered from its Ducab-HV plant. Other products on display will include the company's FlamBICC fire resistant cables for residential and industrial use, flexible indoor wiring cables, and control & instrumentation cables for the OGP sector.

Ducab's regional project wins in the recent past have also included an Dhs5m contract for the King Abdullah Financial District Development in Saudi Arabia, Dhs100m for the Dubai Airport Congress Building, Dhs17m for the New York University in Abu Dhabi, Dhs51m for GASCO's Habshan Field Development, Dhs40m for Qatar Petroleum and Dhs37m for Al-Shuaiba Power Station in Kuwait.

Ashish Chaturvedy, Marketing Manager, Ducab, said "Ducab's participation at MEE 2013 will allow us to capitalize on the momentum generated by our recent project wins, and show customers and stakeholders what we offer in terms of world class energy infrastructure for a variety of products. For us, MEE is an excellent event to showcase our achievements and products, and develop sustained, mutually beneficial relationships for the future."

MEE 2013 will host over 1000 exhibitors from 56 countries. It is the region's largest power event, attracting leading names in the power, lighting, new, renewable and nuclear sectors.

"Power is a vital component for modern urban and industrial development. At MEE 2013, we look forward to demonstrating how we can contribute to infrastructural development for iconic projects with our range of extremely high quality, stringently tested wire and cable products," concluded Chaturvedy.

Favourite to win a final, four-year term in today’s presidential election, Correa has brought stability to this notoriously unstable nation, which shuffled through seven presidents in 10 years before he took office in 2007.

He has become a forceful voice of Latin America’s left, befriending ailing Venezuelan President Hugo Chavez while leading a softer socialist “revolution” than his more radical ally.

“The characteristics of my personality are positive for Ecuadorans. I am decisive, direct, objective, rational,” says the US-educated economist. “But if I don’t please someone, what can we do?”

“They didn’t elected me to be Mr Nice Guy to please everybody, but to move the nation forward. And we are undoubtedly making history,” says Correa, 49, who is constitutionally limited to one more run at the presidency.

Correa has become popular in this Andean nation of 15mn people through social programmes funded with the Opec nation’s oil proceeds, and his job approval rating has soared to 80%.

His closest rivals in today’s election are conservative banker Guillermo Lasso and former president Lucio Gutierrez, but they are far behind and Correa is expected to secure enough votes to avoid a run-off.

“People feel that there is someone steering the ship and this generates trust because it brings more work,” said sociologist Hernan Reyes.

“He generates trust with the level of work he delivers, the demands he has on his subordinates and the amount of finished public works.”

Correa has insisted that he is not “anti-capitalist or anti-Yankee,” stating that the left has committed the mistake of denying space to the market and capitalist economy.

But he has also antagonised big business and media groups, seizing the assets of bankers involved in corruption scandals and accusing private news organisations of conspiring to destabilise him. And his plans for large-scale mining have angered indigenous communities.

Correa was born into a lower middle-class family in the southwestern port of Guayaquil, the country’s industrial centre. His father spent time in jail in the US after he was caught carrying narcotics as a “drug mule.”

He was able to study thanks to scholarships which took him to the Catholic University of Leuven in Belgium, before earning a doctorate’s degree in economics from the University of Illinois in the US.

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