Wednesday 21 March 2012

UAE's Emal sales to U.S. to more than double in 2012 | Reuters

Emirates Aluminium (Emal), a joint venture between Abu Dhabi's Mubadala and Dubai Aluminium (Dubal), is looking to double its exports to the United States by the end of 2012 as demand from the automotive industry rises, it said on Wednesday.

"The orders on our metals have increased because one of our prime products is for automotives," Saeed Fadhel Al Mazrooei, president and chief executive of Emal, said on the sidelines of an investment forum in Abu Dhabi.

"We realized there is an increase in the orders on trucking since there is growth of around seven to eight percent, so we are focusing on that region."

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