
Emirates Float Glass (EFG) has announced the second phase of investment in its float glass manufacturing facilities, which will complement the company’s existing manufacturing capacity.
EFG is a subsidiary of Glass, which is the glass arm of Dubai Investments (DI).
The move is in line with Dubai Investments’ business plan to emerge as the largest player in Middle Eastern glass product markets.
“Dubai Investments earlier formed Glass LLC as a holding company of the glass entities to leverage synergy from its many glass business initiatives to deliver the best of products and services to the customers in the region. Thus, ambitious investments in the range of Dh2 billion ($544 million) are planned for the next four to five years under the aegis of Glass to realise the envisioned growth,” says Khalid Kalban, managing director and chief executive officer, DI.
The EFG plant, which will be built on a 326,000 sq m waterfront site, is designed and implemented with the best of contemporary technology in the field from a highly reputed global technology licensor and turnkey contractor.
“When in operation, the facility will make available locally, a range of world class products to supplement the sectoral growth in the buoyant economy of Middle East,” says Jerry Dowling, general manager, Glass.
Emirates Float Glass will manufacture products that will cater to the needs of architectural, automotive and other segments in glass, and has an annual capacity of about 160,000 tonnes of glass products.
Located at the Industrial City of Abu Dhabi, the daily production capacity of the state-of-the-art manufacturing plant is 600 tonnes of glass.
“Glass has business interests in several Middle Eastern countries, and is furthering plans for greenfield/brownfield ventures to cement its position as the largest player in the segment. We have been receiving tremendous interest and support from shareholders and partners as we pursue our goals, and are confident that our current and future projects will be completed on time and within the budget.
We aim to offer an excellent product range and quality, coupled with top-notch service to our customers, ensuring value for money, in a highly demanding market place,” Dowling concludes.