The UAE’s top steel and building materials manufacturer, Emsteel Group, has partnered with Modon, a master developer renowned for creating thriving and sustainable communities, to source its innovative low-carbon steel for a major project of Emirati energy giant Masdar in the UAE capital.
Modon claimed that this made it the first real estate company in the United Arab Emirates to use low-carbon steel.
According to the statement, this partnership highlights Emsteel and Modon’s critical role in advancing the building sector’s shift to sustainability and decarbonization.
By offering green steel made with certified renewable hydrogen, the alliance seeks to support decarbonization throughout the UAE’s and the region’s construction value chain, in line with the UAE’s Net-Zero 2050 Strategy.
Modon claims that this green steel, which comes from Masdar’s innovative green hydrogen pilot project and the Emsteel Group, is the first of its kind in the Mena region and sets a new standard for ethical and environmental building methods.
On the key deal, CEO Ibrahim Al Maghribi 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,” he added.
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 decarbonize industry at scale,” noted Alghafri.
“We are excited to continue exploring the potential that such ground-breaking partnerships can promise to the well-being of future generations,” he added.