EMSTEEL Group, one of the biggest producers of steel and construction materials in the UAE, and Modon, a master developer located in the country, are collaborating on projects all across the country.
According to Modon, this partnership validates his status as the UAE's first real estate developer to employ low-carbon steel.
Through the introduction of green steel made with certified renewable hydrogen, the alliance seeks to promote decarbonisation throughout the UAE and the larger region's construction value chain. This green steel establishes a new standard for environmentally friendly and conscientious building methods. It comes from the EMSTEEL Group and Masdar's innovative green hydrogen pilot project, which is the first of its kind in the MENA area.Ibrahim Al Maghribi, CEO of Modon Real Estate, said, “We are delighted to partner with EMSTEEL in this pioneering initiative. This strategic alliance not only underscores our commitment to sustainability but also positions Modon as a leader in the adoption of low-carbon building materials. By integrating green steel into our projects, we are taking a significant step towards reducing our carbon footprint and supporting the UAE’s green targets. This collaboration is a testament to our dedication to create vibrant, sustainable communities that align with the UAE’s net-zero 2050 strategy.”
Saeed Alghafri, CEO, Emirates Steel, part of EMSTEEL Group, said, “With the recent launch of our green hydrogen pilot project with Masdar, we are elevating our utilisation of clean energy and laying the foundation for future implementation of clean hydrogen for green steel production at scale, contributing directly to the UAE’s net-zero strategy and national hydrogen economy targets. As the first steelmaker in the world to capture its CO2 emissions, and the first steelmaker in the MENA region to demonstrate green hydrogen for green steel production, we believe that our partnership with Modon will play a key role in building on our efforts to decarbonise industry at scale. We are excited to continue exploring the potential that such ground-breaking partnerships can promise to the well-being of future generations.”