India’s Darvesh Group is to build the world’s biggest aluminium processing plant in Dubai.
Spread over an area of 1 million sq ft at Dubai Industrial City, the Dh3 billion ($816 million) plant will have a capacity of 135,000 tonnes per year when fully completed in 2010, Darvesh Group director Ahsan Hassan Darvesh said.
Called Noval, the plant will source raw aluminium at competitive prices from Gulf smelters and make sheets for aluminium composite panels used in construction, pharmaceutical packaging material, home foils, semi-rigid containers for food packaging and lamination foils
At present the world’s largest such facility is in Germany and has a capacity of 110,000 tonnes.
Construction is scheduled to start in July and production will start by the end of 2008.