Rubber World wins Motor City contract
Dubai, July 7, 2008
Rubber World Industries (RWI) has bagged a Dh1.2 million ($326,708) contract to supply rubber insulation products for ‘Motor City’, a high profile themed community being developed by Union Properties.
RWI is a leading manufacturer of closed-cell rubber insulation 'Gulf-O-flex' in the Gulf and South-East Asia, and part of the international business conglomerate, the Memon Group of Companies.
The agreement is poised to further boost the manufacturer’s position as the leader in the Middle East rubber insulation market, with a massive 80 per cent share.
RWI leverages the emergence of eco-friendly construction regulations in the UAE to capture majority of the rubber insulation customers by highlighting the environmentally-safe features of its industry-grade products.
Designed solely for professional MEP contractors, ‘Gulf-O-flex’ is the only rubber insulation product in the market that meets clients’ unique requirements in terms of preventing condensation or frost formation on refrigerant lines, cold water plumbing and chilled water systems.
Manufactured in adherence to the strictest quality control and safety standards, the high performance rubber insulation is a multi-purpose product that facilitates energy and maintenance costs savings, and has therefore earned the confidence of the largest UAE-based real estate developers.
The product has also been proven to be non-toxic, lightweight and very easy to install.
“Rubber World Industries is proud to be a supplier for the ‘Motor City’ project and become a part of this pioneering and much-anticipated themed development,” said Abu Baker Shaikhani, managing director, Rubber World Industries.
'A prestigious project such as this requires only the best products available in the market to be able to withstand the intense physical conditions that is predominant in the region,' he noted.
'We are confident that our products will meet the project’s requirements while providing other important features, which are focused on reducing costs and energy consumption in line with ‘green building’ initiatives by the UAE government,' Shaikhani added.
Amidst projections of further increases in major construction and infrastructure projects especially in the Middle East, the manufacturer is undertaking significant efforts to enhance the features of its current offerings.
With aims to further increase its share of the UAE market and expand to other regional real estate hubs, RWI is currently investing Dh30 million as part of its expansion plans for 2008, which will increase its production capacity from 1,200 containers to over 3,600 containers per year by 2013.
The company is also looking to expand the reach of its high performance rubber insulation products from the current destination of 90 different countries from its global headquarters in the UAE.
With modern plants located at the Ajman Industrial Area in the UAE, RWI is the only producer of rubber insulation in the Middle East region, producing a versatile range of rubber insulation products to meet the requirements in the oil and gas fields, construction, shipping and automobile industries.-TradeArabia News Service
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