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Emirates Glass embarks on AED175 million expansion move

Emirates Glass LLC (EGL), one of the leading processors of architectural flat glass in the Middle East and a subsidiary of Glass LLC, wholly owned by Dubai Investments (DI), today announced that work on its new aed 175 million, state-of-the-art plant and headquarters, which will also house lumiglass industries, has begun at the Dubai Investments Park.

Mr. Ziad Yazbeck, General Manager, Emirates Glass and Lumiglass, said: "Emirates Glass and Lumiglass are experiencing an unprecedented growth, and the expansion project is part of empowering and enabling the company to meet the burgeoning demand in the regional and global market. Expansion of our operations in the last few years and the EGL's acquisition of a new coating plant have necessitated an upgrade of our facilities and this explains our carefully chosen decision to shift from our present location in Al Quoz Industrial Area."

Mirroring the construction boom in the Gulf region, Emirates Glass is now nursing global ambitions, and armed with savvy marketing strategy and investments in high-tech machinery and a highly skilled work force, the company is eyeing a bigger pie in the international market for architectural glass business.

The profit curve of Emirates Glass is shooting up, and this was reflected in a stunning increase of 106% in its net profits for 2007 compared to the previous year, as well as a total of 30% increase in overall productivity.

Click on the link bellow to read the entire article.




July 17th, 2008
Source: Albawaba


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