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.

600450 Emirates Glass embarks on AED175 million expansion move glassonweb.com
Date: 17 July 2008
Source: Albawaba

See more news about:

See more from these topics:

Others also read

Company unveils five new coatings, with plans to unveil low thermal transmission glass products.
Rafic Hanbali: Discussions with authorities and companies in final stages.
Emirates Insolaire LLC, a pioneer in the development of new solar technologies and a joint venture of Dubai Investments PJSC and SwissINSO Holding Inc., is expecting strong growth for its sustainable, energy-efficient coloured solar panel technology amidst surging demand for BIPV across the globe.
Emirates Glass supplies over 12,000 square metres for top projects; EGL sales is expected to touch AED 190 million in 2016
Dubai Investments PJSC, the leading investment conglomerate listed on the Dubai Financial Market [DFM], is targeting increased market share for its innovative and diversified product portfolio in the building materials sector to cater to the current construction boom in the UAE and across the GCC.
Dubai Investments and Emirates Glass host international industry experts - Dubai Investments PJSC [DI], the leading investment company listed on Dubai Financial Market, and its glass subsidiary Emirates Glass LLC – one of the largest processors of flat architectural glass in the region, jointly hosted the International Architectural Glass Conference, held under the aegis of Glass and Glazing Federation [GGF] MENA last week.    The one-day conference, held at Dubai Investments headquarters in Dubai Investments Park, focused on different aspects on glass industry, presented by specialists and experts from leading international glass companies and related industries.  The international panel of speakers included Emirates Glass National and International Sales Manager Phil Higgins, who shed light on glass fracture through the presence of Nickel Sulfide, while Benoit Georges, Technical Manager of Saint-Gobain Middle East FZE, spoke on building energy efficiency.  John Reeves of The Glasshouse LLC spoke on safe and secure glazing, while Andy Dean of WSP Group highlighted fire-resistant glazing and Steve Lipscombe of GGF underlined the acoustic performance. Rizwanulla Khan, Executive President of Emirates Glass, said: “Emirates Glass LLC is committed to offering the industry’s best practices across its product range, and is steadfast on maintaining the best efficiency in its manufacturing, design and performance processes. The company’s support and participation in the GGF forums reinforces its dedication to the sector’s advancement across the region.”  Recognised by governments and organisations internationally, GGF plays a crucial role in setting standards such as building regulations, construction product regulations, European Committee for Standardization (CEN) standards, and associated rules that govern the construction of buildings.

Add new comment