Ducab Appoints CEO for High-voltage Cable Firm

Thursday, Mar 11, 2010

Ducab, one of Middle East's top power cable makers, said on Tuesday that it has appointed Jon Vail as the CEO of its newly launched subsidiary Ducab HV Cable Systems.

The announcement comes exactly one year after the company announced the formation of the joint venture company in which Ducab has a 50 per cent share with Dubai Electricity and Water Authority (DEWA) and Abu Dhabi Water and Electricity Authority (ADWEA) holding 25% each. Ducab itself is jointly owned by the Governments of Dubai and Abu Dhabi.

The new company will sell cable systems in the voltage range of 66kV to 400kV, covering the highest voltage currently used in the GCC and operating as the first dedicated high-voltage facility in the region. Once fully operational, the company plans on selling over Dh1 billion of cable and associated services annually, approximately 60 per cent of which will be consumed in the UAE.

AdvertisementThe specialist in trading and investment. Andrew Shaw, Managing Director at Ducab , affirms that Vail's history of working in diverse fields ranging from technical to product development as well as business management make him the ideal candidate to lead the launch of the Ducab HV Cable Systems.

"It is an honour to be able to serve as CEO of such a young and promising venture," comments Vail. "Providing a reliable, local supply of strategically vital HV cables to the Middle East is our ultimate goal, and we look forward to being the only high-voltage facility in the region dedicated first and foremost to reducing GCC dependency on foreign suppliers."

Vail also confirmed that construction of the new dedicated factory is in progress at the Jebel Ali site and the machinery will start to be installed later in 2010.

Vail will be joining representatives from Ducab and DEWA as the companies showcase their latest technologies and projections during WETEX 2010--Dubai's foremost water, energy technology and environment exhibition.

 

Source: Trade Arabia