Dubai group to set up fiberglass pipe factory
Dubai, December 19, 2011
Gulf Eternit Industries (GEI), a member of Future Pipe Industries Group, has signed an agreement to establish a fiberglass pipe factory at Dubai Industrial City.
Future Pipe Industries Group is a leading developer, manufacturer and supplier of fiberglass pipe systems based in Dubai.
The new factory will replace its current operations in Um Al Ramool that was set up in 1972, said a statement from Dubai Industrial City, a member of Tecom Investments and a leading manufacturing and logistics destination in the region.
The factory will help consolidate Gulf Eternit’s growing role as a top supplier of fiberglass pipes to local and regional clients including Dubai Municipality, Dubai, Sharjah and Abu Dhabi utility services, Dubai Transport Authority, Abu Dhabi Municipality, Adnoc Group of Companies and Borouge, it added.
Established in Dubai in 1984, Future Pipe Industries Group has evolved from a local manufacturer to a global leader in the large diameter fiberglass pipe industry.
Currently, the company develops, manufactures and supplies pipe systems to more than 300 major customers in over 50 countries across the power, oil and gas, petrochemical, infrastructural, municipal, desalination and marine market segments.
Abdullah Belhoul, managing director of Dubai Industrial City, said, “We welcome not only a world-class leader that is a prominent technology developer and manufacturer of advanced fiberglass pipe systems, but also a homegrown company that has not only made its mark in the global marketplace but also stands testimony to the progress achieved by Dubai’s industrial sector.”
'Fiberglass pipes are gaining increasing market share over counterparts made with commodity materials such as iron and concrete. In addition to being environmentally friendly, fiberglass pipes have a high strength-to-weight ratio, which results in lower transportation and installation costs,' he noted.
Mounib Hatab, vice president, Future Pipe Industries Group and GEI, said: 'Our region is witnessing a rise in housing, non-residential buildings and infrastructure projects, all of which need quality supplies from the pipeline industry.'
'Our relocation to Dubai Industrial City, with its close proximity to the Jebel Ali Sea Port and the Al Maktoum International Airport, along with our planned hitech factory will allow us to introduce a new competitive edge to our business,' he added.
Earlier this month, Dubai Industrial City said it had completed large infrastructural development work associated with its power, water, sewage, irrigation and telecom systems covering an equivalent area of 15 sq km of the city.
Located on Emirates Road near the new Al Maktoum International Airport, Dubai Industrial City offers a strategic advantage with its proximity to major highways and the Jebel Ali Port.-TradeArabia News Service
More Industry, Logistics & Shipping Stories
- MAG boosts Iraq shipping capacity by 60pc
- Sabic to distribute $2.4bn dividends in H2
- Pearl diving 'regains popularity' in Bahrain
- AerCap to buy AIG aircraft leasing unit for $5.4bn
- Safco to pay $1.6 per share cash dividend
- UAE ranked 17th globally for merchandise export
- Investments in Saudi plastics sector hit $50bn
- Asry Bahrain overhaul plan approved
- DHL Mena chief wins top honour
- Dubai Investments unit wins $38m projects