Emirates Extrusion Factory [EEF], a leading aluminium extrusion company in the UAE, and White Aluminium Extrusion [WAE] – a leader in aluminium and glazing sector, have announced aggressive expansion plans.
EEF and WAE, both subsidiaries of Masharie LLC, the private equity arm of Dubai Investments [DI], have reported that demand for their aluminium profiles have increased from 24,100 metric tonnes (MT) in 2013 to 27,250MT in 2014, registering a 13% year-on-year increase, in line with heightened construction activities.
To cater to the increase in demand, EEF has announced plans to commission a new production line at its aluminium extrusion plant in Techno Park, Dubai which will start commercial production at the end of the first quarter of 2015. This line will increase the capacity by another 6,000MT per annum.
In addition to this, EEF is finalising a new powder coating plant with a capacity of 7,200MT per annum. The plant will engage the latest technology from Europe to produce the quality specified at the international level.
Meanwhile, WAE is putting the finishing touches on an anodizing plant from Italy with a capacity of 4,800MT per annum.
Both EEF and WAE are exporting around 60-70% of its finished goods to GCC countries and nearly 25 countries across the MENA region. The companies plan to expand its scope to over 50 countries over the next five years.
Khalfan Al Suwaidi, EEF managing director, said: “Architectural, building and construction applications accounted for over 80% of the extrusion market in the Middle East region and EEF and WAE are building on their leadership with high-quality aluminium systems for architectural and non-architectural applications.
“UAE, Saudi Arabia and Qatar are witnessing a spurt in construction activity, and this has put added demand for aluminium profiles at our plants. In view of this latent demand, we have planned aggressive expansion of our production lines.”
Aluminium production in the GCC is expected to grow significantly in the short to medium term and the region is expected to contribute around 15% of the total global production of aluminium by 2015.
Aluminium exports are expected to be robust in the future as well thereby becoming one of the key non-oil industry sector in the UAE.