# Conares opens AED 150m colour-coated steel plant in JAFZA

Conares inaugurated a new colour-coated steel plant in Jebel Ali Free Zone, Dubai, with an investment of AED 150 million. The facility is expected to increase revenue by 10-15% and dispatch by 5-7%.

- Type: New facility
- Announced: 2022-12-21
- Where: Jebel Ali Free Zone, Dubai, United Arab Emirates
- Value: $40.8M (150.0M AED)
- Starts operating: 21 Dec 2022
- Status: completed
- Products: colour-coated steel
- Sectors: [Steel and Metal Products](https://endata.com/sectors/steel-metal-products.md)

## Companies

- [Conares](https://endata.com/companies/67454.md)

## Sources

- [mediaoffice.ae](https://mediaoffice.ae/en/news/2022/december/21-12/conares-opens-aed-150m-colour-coated-steel-plant-in-jafza), 2022-12-21: "We are proud to launch our colour-coated line, the most advanced facility of its kind in the region’s steel manufacturing sector."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.