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Clinker-cement factory in Abu Dhabi

Abu Dhabi , December 15, 2007

Emirates International Investment Company (EIIC) is to set up a Dh1.5 billion ($404 million) clinker-cement factory in Abu Dhabi.

Clinker is a solid material used to produce cement and mortar, and if stored properly, can be traded internationally in large quantities.

The new EIIC factory will satisfy the region’s real estate boom, which is increasingly inflating the demand for this basic construction component.

EIIC has announced that construction on the factory will commence next month and will take around three years to complete all planned construction phases.

Abu Dhabi’s first ever clinker-cement factory is expected to be ready for actual production by end of 2010.

“Production capabilities and volume should reach around 3.5 tonnes annually, once the factory is fully functional,” said Abdellatif Sfaxi, CEO of EIIC.

“This capacity is expected to cover most of Abu Dhabi’s needs for clinker-cement and we will also be able to supply a higher demand, according to our future factory expansion strategies.”

Emirates International Investment Company - EIIC is part of National Holding, a leading Abu Dhabi-based private holding company.

Founded in 1999, EIIC focuses on Investments in various growth sectors in UAE, Mena and globally.
 
EIIC is active in the industrial, agro–industrial, real estate and investment sectors.

Some of EIIC's construction companies under the industrial division are:

Union Rebar for Steel Forming

Aswaar Pre-cast Fences (first in UAE)

Ascom Mining

Tameer Autoclave

Tameer Pre-cast concrete

Tameer Dry Mortar

Glasswool ( first in UAE)

Geo Textile ( first in UAE) 

Some of EIIC's other companies are:

National fodder production & marketing

Emirates Filament

Electrocab Emirates

Union Copper Rods 

National Industries Complex

Abu Dhabi International Medical Services

Etihad National Travel and Tourism

West Coast Cleaning Services

Emirates Link Trading

Babteen-LeBlanc Communications Towers

EIIC's Real Estate division manages around 30 properties in Abu Dhabi and in Al Ain, with some other big projects in the pipeline. 

EIIC’s Investment division's focus is on Strategic Investment, Private Equity, Capital Market and Alternative.

In the local market, EIIC has long term strategic investments in:

 Abu Dhabi Islamic Bank

 National Bank of Abu Dhabi

 Abu Dhabi Commercial Bank

 First Gulf Bank

 Commercial Bank International

Internationally, EIIC has a long term strategic investment in:

 Vivendi

 Global Alumina

 Egypt National Petroleum TradeArabia News Service




Tags: Emirates International Investment Company | EIIC |

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