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Foulath Holding is an investment company with a mission to be at the forefront of global transformation by placing the steel industry in the GCC and MENA region at the very centre of the world stage. Our culture of perfection inspires excellence in our processes, products and people.
Established in 2008 in the Kingdom of Bahrain, Foulath Holding is the only company in the region to have developed the world's first fully integrated single-site steel complex, covering 1.3 million square meters at present, complete with a state-of-the-art port and jetty facilities.
Today, Foulath Holding oversees more than US$ 2.4 billion of assets, all while contributing to Bahrain's wealth by ensuring greater economic diversification of the region through a steady supply of steel for construction and infrastructure development.
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5% of Bahrain's GDP in 2021 |
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25% of Bahrain's non-oil exports in 2021 |
As one of the largest employers in the Kingdom of Bahrain with a workforce of 1,100 people, Foulath Holding provides opportunities to Bahraini nationals and other skilled, dedicated and motivated individuals.
Being a user of iron ore, we do not forget our responsibility to the very source of our business - the planet. Foulath Holding's commitment to conduct its operations in an environmentally conscious and socially inclusive fashion influences its strategy for sustainable growth. Principles of zero-harm, resource efficiency, circular economy, and care for the community and employees are embedded in the Group's operating philosophy.
Foulath Holding is focused on transitioning to lower carbon-intensive operations and promoting sustainable steelmaking.
Bahrain Steel - a wholly owned subsidiary of Foulath Holding - is a global leader in pelletising and is a major contributor to the growth of the steel industry in the Middle East, meeting local and regional demand as well as exporting to international markets. Bahrain Steel produces over 12.5 million tons of high-quality iron ore pellets annually through two plants.
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A subsidiary of Foulath, SULB is a specialised and fully-integrated producer of structural steel products, from DRL and Billets to finished light-to-medium and heavy sections.
SULB creates a full range of high quality Structural Steel, approximately 1.2 million tons of liquid steel, per annum.
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