Rubber World Industries (RWI), the manufacturer of ’Gulf-O-Flex’, has signed a $4 million contract for supply of nitrile rubber (NBR) and speciality chemicals from German-based Lanxess AG.
RWI, a leading manufacturer of closed-cell rubber insulation in the Gulf and South-East Asia, is part of the international business conglomerate, the Memon Group of Companies.
The order was placed to ensure that only top quality NBR is used for RWI’s industry-leading ’Gulf-O-Flex’ products, said a statement.
With a temperature range of -40C to +125C, high performance NBR can withstand most of the severe applications and is therefore used in a wide variety of application areas requiring oil, fuel, and chemical resistance, such as the industrial sector, which heavily relies on this chemical.
In the construction industry, it is used to seal all kinds of plumbing, air-conditioning, refrigeration and heating applications, making it a primary component of RWI’s ‘Gulf-O-Flex’.
Designed for professional MEP contractors, the non-toxic, lightweight rubber insulation products are the only one in the market to meet clients’ unique requirements in terms of preventing condensation or frost formation on refrigerant lines, cold water plumbing and chilled water systems.
’We have identified the quality of Lanxess’ high performance specialty chemicals to be at par with the world standards we have set for our own products, thereby prompting us to invest heavily in their offerings,’ said Abu Baker Shaikhani, managing director RWI, and chairman Memon Group.
The contract with Lanxess AG is also in line with the company’s Dh30 million expansion plan for 2008, which is aimed at increasing its production capacity to over 3,600 containers per year by 2013.
It’s the largest producer of the widest range of rubber insulation pipes and sheets that meets almost 75 per cent requirements of the local and regional markets, said a statement.
RWI currently holds 86 per cent of the rubber market share in the Middle East and aims to further extend its stronghold of the region’s rubber industry towards the rest of the globe.
‘Gulf-O-Flex’ is ASTM certified and has also received the ISO-9002 certification from BSI (British Standard Institute).-TradeArabia News Service