Danube Building Materials has announced plans to invest Dh50 million ($13.61 million), in aluminium and glass manufacturing by next year.

In line with its growth strategy for the region, Danube Building Materials, which is a leader in the construction, building materials and shop fitting industry, will continuously invest in its glass processing units, including tempering, double glazing, edge-processing, sand-blasting, drilling and notching, and decorative glass processing in a bid to raise the quality standards of its glass products, says a company spokesman.
The move augurs well with the growth witnessed in the aluminium market, with recent studies predicting that aluminium production in the UAE will cross 2.5 million tonnes by 2010. In addition, the investment aims to capitalise on the steadily rising price of aluminium, which rose by 23 per cent in the first quarter of this year in Dubai compared to the same period last year, he says.
As a distributor of leading international brands for aluminium composite panels, aluminium profiles and aluminium sheets, Danube currently plays a vital role in the trading of these products, carrying world-renowned names such as Alubond, Balesco, Arabian Extrusions, Emirates Extrusions, Jindal and Al Jabbar Extrusions. The company is also supplying a range of architectural glass products, including Saint-Gobain, Guardian and Glaverbel.
“Since we started our aluminium and glass division in April last year, we have supplied high-quality building materials to large and premium projects in the UAE, Oman, Bahrain and Qatar,” says Rizwan Sajan, chairman, Danube Building Materials.
“In our analysis of the present situation, we are confident that our investment in this market will result in more business prospects for us, which will further strengthen our position in the regional market.”