DAMMAM, 26 October 2005 — Zamil Steel has again been awarded the contract to supply structural steel products for Phase 2, Stage 2 of Shoaiba Power Plant project in p Saudi Arabia. This contract worth SR33.7 million ($9 million), raises the total cumulative value to SR163 million ($43 million) for structural steel works executed by Zamil Steel on previous stages and phases of this project.
A consortium of Alstom Power of France and Saudi Archirodon is the main contractor for the Shoaiba Power Plant project. Saudi Archirodon has partnered with Zamil Steel on all previous stages and phases of this crucial project.
More than 30,000 metric tons of structural steel has already been provided for earlier phases and stages, and in this latest win Zamil Steel’s Structural Steel Business Unit will provide steel for building structures and pipe racks. Delivery has commenced in September and is targeted for completion in April 2006.
“Zamil Steel has been awarded this contract based on proven performance and an impressive track record in the previous phases and stages of this large scale undertaking. This includes consideration for the high quality of our products, demonstrated efficiency in delivering upon our commitment and our competitive pricing offer,” said Adnan Al-Mansour, executive vice president, Zamil Steel Industries.
Zamil Steel has recently made substantial infrastructure investments in expanding its manufacturing facilities and production capabilities in order to meet rising global demand.