Clinker is a solid material used to produce cement and mortar, and if stored properly, can be traded internationally in large quantities. The new EIIC factory will satisfy the region's real estate boom, which is increasingly inflating the demand for this basic construction component.
EIIC has announced that construction on the factory will commence next month and will take approximately three years to complete all planned construction phases. Abu Dhabi's first ever clinker-cement factory is expected to be ready for actual production by end of 2010.
'Production capabilities and volume should reach around 3.5 tons annually, once the factory is fully functional,' commented Mr. Abdellatif Sfaxi, CEO of EIIC. 'This capacity is expected to cover most of Abu Dhabi's needs for clinker-cement and we will also be able to supply a higher demand, according to our future factory expansion strategies.'
Emirates International Investment Company to establish Abu Dhabi's first clinker-cement factory for Dhs1.5bn
Emirates International Investment Company (EIIC) plans to establish an Dhs1.5bn clinker-cement factory in Abu Dhabi city.
- United Arab Emirates: Saturday, December 15 - 2007 at 11:17
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About EIICEmirates International Investment Company - EIIC is part of National Holding, a leading Abu Dhabi-based private holding company. Founded in 1999, EIIC focuses on Investments in various growth sectors in UAE, MENA and globally.
EIIC is active in the industrial, agro-industrial, real estate and investment sectors.
Some of EIIC's construction companies under the industrial division are:
-Union Rebar for Steel Forming
-Aswaar Pre-cast Fences ( first in UAE)
-Ascom Mining
-Tameer Autoclave
-Tameer Pre-cast concrete
-Tameer Dry Mortar
-Glasswool ( first in UAE)
-Geo Textile ( first in UAE)
Some of EIIC's other companies are:
-National fodder production & marketing
-Emirates Filament
-Electrocab Emirates
-Union Copper Rods
-National Industries Complex
-Abu Dhabi International Medical Services
-Etihad National Travel and Tourism
-West Coast Cleaning Services
-Emirates Link Trading
-Babteen-LeBlanc Communications Towers
EIIC's Real Estate division manages around 30 properties in Abu Dhabi and in Al Ain, with some other big projects in the pipeline.
EIIC's Investment division's focus is on Strategic Investment, Private Equity, Capital Market and Alternative.
In the local market, EIIC has long term strategic investments in:
-Abu Dhabi Islamic Bank
-National Bank of Abu Dhabi
-Abu Dhabi Commercial Bank
-First Gulf Bank
-Commercial Bank International
Internationally, EIIC has a long term strategic investment in:
-Vivendi
-Global Alumina
-Egypt National Petroleum
For further information about EIIC, please contact:
Telephone: + 971 2 6679777
Fax: + 971 2 6679997
Posted by Medilyn Manibo, Assistant News EditorSaturday, December 15 - 2007 at 11:17 UAE local time (GMT+4)
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Articles in this section are primarily provided directly by the companies appearing or PR agencies which are solely responsible for the content. The companies concerned may use the above content on their respective web sites provided they link back to http://www.ameinfo.com
Any opinions, advice, statements, offers or other information expressed in this section of the AME Info Web site are those of the authors and do not necessarily reflect the views of AME Info FZ LLC / Emap Limited. AME Info FZ LLC / Emap Limited is not responsible or liable for the content, accuracy or reliability of any material, advice, opinion or statement in this section of the AME Info Web site.
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