RAK Ceramics retains global top spot
Ras Al Khaimah, August 1, 2011
UAE-based RAK Ceramics has once again been named the world's largest ceramic tile manufacturer by the Ceramic World Review, the leading international magazine devoted to ceramic tile and bathware production technologies.
RAK Ceramics retained its top ranking among the 25 biggest ceramic tile manufacturers of 2010 after further raising its production output to 117 million sq m from 115 million square metres in 2009.
RAK Ceramics currently operates below its maximum production capacity of 117 million sq m, providing room to further expand its production output and address new market demands.
The company likewise maintained its place among the top four tile manufacturers in terms of value with a total turnover of 613 million euros ($883 million) in 2010.
In the Ceramic World Review’s list of the world’s top bathware tile manufacturers, RAK Ceramics has placed 13th overall with a total production output of 4.3 million sq m in 2010.
"We are pleased to have maintained our leadership among the world’s top ceramic tile manufacturers. This is certainly an important milestone that confirms the success of RAK Ceramics’ global growth strategy,” said Dr Khater Massaad, CEO, RAK Ceramics.
“More importantly, we are proud to have further increased our total production output, which is a strong affirmation of the robust growth performance of the RAK Ceramics brand worldwide."
"It is our commitment to continue to explore new growth opportunities and to introduce more innovative products and value-added services as we aim to maintain our stronghold in the global ceramic tile market,” he added. – TradeArabia News Service
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