
Rubber World Industries, a leading manufacturer of closed-cell rubber insulation ‘Gulf-O-flex’ in the Gulf and South East Asia, expects to double its revenues this year, to more than Dh60 million ($16.33 million), on the back of a rapid growth in the Middle East markets.
“The company’s phenomenal performance last year was triggered by a dominating presence in the region, which saw its market share rising to 80 per cent in the Middle East,” says a spokesman for the company.
“Rubber World Industries has committed to boost its production of a wide range of rubber-based products such as Gulf-O-Flex rubber insulation pipes, sheets, glue and tape rolls that meet almost 75 per cent of the requirements of local and regional markets,” he adds.
“We have been exploring foreign markets because of the increased demand for our products, which has been triggered by heightened construction activities worldwide, particularly in the Middle East. Rubber World Industries has an edge over other regional competitors as it has installed 14 production lines to manufacture a wide range of rubber insulation products of around 300 different sizes,” said Abu Baker Shaikhani, managing director, Rubber World Industries.
Gulf-O-flex is ASTM certified and has also received the ISO-9002 Certification from BSI (British Standard Institute) which proves the company’s commitment towards excellent international quality, he added.