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Sunday, November 22 - 2009

Mammut Building Systems delivering petrochemical refinery in Oman

Mammut Building Systems FZC (MBS), a subsidiary of Emaar Industries & Investments (EII) and one of the region's largest manufacturers of pre-engineered steel buildings (PEBs) and polyurethane injected sandwich panels, announced today that it's nearing completion of its construction of the Oman-based Octal Holding PET facility in Salalah, Oman.

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  • Bob Webster, Managing Director, Mammut Building Systems.
    Bob Webster, Managing Director, Mammut Building Systems.
Octal Holding & Co. (SAOC) will add 500,000 metric tons per annum of production capacity in PET resins by May 2010, making it one of the world's largest polyester producers with 800,000 metric tons of annual capacity.

Based at Salalah Free Zone, Octal Petrochemicals' integrated PET (polyethylene terephthalate) and APET (amorphous polyethylene terephthalate) production plant is being built at an initial cost of $300m. Global export sales capacity is expected to reach $500m by the end of this year and net exports will reach $1.1bn with the completion of phase three.

The development of the structures for Octal Petrochemicals FZC was achieved with MBS' specialized 3D detailing software. Most buildings were a mixture of Hot Rolled and Built-up sections along with PUF sandwich panels.

"MBS is becoming a benchmark for unique structures across the region and our work for the petrochemical site of Octal is another powerful manifestation of our ability to deliver our first class products in the GCC,"


says MBS Managing Director, Bob Webster.

"This has been a challenging project for MBS, where high quality and timely delivery were essential. We deliver and support exceptional quality buildings across the region and we continue to break new boundaries," adds Mr. Webster.

MBS is a subsidiary of Emaar Industries & Investments (EII), the private joint stock company aimed at capitalising on the growth potential of the Middle East, North African and South Asian manufacturing sectors. MBS' ability to deliver projects across the region has been influenced by EII's strategic input and management support.

"All our subsidiaries are considered partners and it is particularly pleasing to see MBS gaining in strength. The region requires such advanced engineered structures that are quick to erect and provide a solution to the demand in the GCC and the subcontinent,"


says Dr. Ahmad Khayyat, CEO, EII.
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Notes and media contacts

About Mammut Building Systems:
Mammut Building Systems FZC (MBS), founded in Jebel Ali, Dubai, UAE in 1997, is a leading manufacturer of pre-engineered steel buildings in the region. From its 30,000 sq m covered area factory at Hamriyah Free Zone in Sharjah, MBS has the capacity to deliver 6,000 tons of pre-engineered steel and over 180,000 sqm of polyurethane injected sandwich panels per month. Emaar Industries & Investments acquired majority stake in the MBS in April, 2007 and since then has been involved in assisting the company in its plans to raise production capacity from 6,000 tonnes per month to 12,000 tonnes per month, and build a structural steel division.

About Emaar Industries & Investments:
Emaar Industries & Investments (EII), a member of Emaar Properties PJSC, is a private joint stock company established in August 2005, to capitalise on the growth prospects of the Middle East and North Africa (MENA) and South Asian manufacturing sector as a strategic investor and partner. EII strengthens industries by investing in existing businesses and establishing joint ventures with leading establishments. Since inception, the company has succeeded in creating an impressive brand that inspires confidence in investors.

EII is dedicated to investing in sustainable companies and projects that are economically beneficial and commercially sound. EII is focused on maximising its subsidiaries' long-term value, exposing them to industrial best practices, improving corporate governance, providing a solid and flexible capital base and ensuring sustainable cash flow.

EII focuses on exploiting the potential of the fastest growing sectors in the region, including building materials, FMCG, healthcare, metals, engineering industries including equipments & machineries, electronics & electrical equipment, and chemicals & petrochemical products.

For further information, please contact:
Shermin Mheidly
Emaar Industries & Investments
Tel: (+971 4) 427 4890
Fax: (+971 4) 427 4891

Mary Khamasmieh
Buchanan Middle East
Mobile: +971 50 2731 753

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