• HSBC

RWI anticipates high demand for rubber products amidst construction of 640 projects in UAE

  • United Arab Emirates: Sunday, June 21 - 2009 at 10:28
  • PRESS RELEASE

Rubber World Industries (RWI), the leading manufacturer of closed-cell rubber insulation 'Gulf-O-flex' in the Gulf and South-East Asia, and part of the international business conglomerate, the Memon Group of Companies, is anticipating high demand for rubber insulation products, amidst the ongoing construction of a total of 640 development projects in the UAE, according to REIDIN.com.

In line with this, the company is strengthening its efforts to achieve its goal of producing 1,800 containers per year - 600 containers more than its present capacity - to sufficiently address the Emirate's need for rubber insulation products.

RWI maintains a positive outlook on the rubber insulation market in the UAE, given the projected increase in the number of completed construction projects, which is slated to reach 205 by the end of the first half of 2009.

The company also revealed that its products have been used in some of the 135 projects, which were completed in the first quarter of 2009. As the leading source of high quality rubber insulation products across the country and the region, RWI has been involved with the construction of highly prestigious projects such as 'The Villa', 'Motor City', 'Traders Hotel', 'Horizon Tower' and 'Green Community West Villas and Apartments'.

"The UAE construction market has exhibited its resilience in the midst of the economic crisis with a projected completion of over 200 developments merely six months into 2009, and thereby dramatically surpassing the record set in 2008. The strength exhibited by the market continues to inspire and motivate us to innovate and develop our current product portfolio, and we are looking forward to delivering our leading-edge and environment-friendly products to more projects in the UAE,"
said Abu Baker Shaikhani, Managing Director, Rubber World Industries, and Chairman of the Memon Group.

RWI has delivered high quality products to major property developments by real estate leaders in the UAE. As the only producer of rubber insulation in the Middle East region, the company is the premier source of a versatile range of rubber insulation products that meet the requirements in the oil and gas fields, construction, shipping and automobile industries. The company delivers its products to more than 90 countries, including the US, Germany, Russia, Canada and Singapore.
Abu Baker Shaikhani, Managing Director, Rubber World Industries, and Chairman of the Memon Group.
Abu Baker Shaikhani, Managing Director, Rubber World Industries, and Chairman of the Memon Group.
Enlarge »
Article Options
Log in to request more information from Rubber World Industries

Notes and Media Contacts »

About Rubber World Industries:
Rubber World Industries (RWI) has pioneered the production of 'Gulf-O-flex' in the entire Gulf and South-East Asia region, providing a versatile range of rubber insulation products for the oil and gas, construction, shipping and automobile industries. Established in 1993 and part of the international business conglomerate - the Memon Group of Companies, the manufacturer dominates the regional market today by supplying 86% for of the region's requirements for rubber insulation pipes and sheets, and other rubber-derived products.

International exports of RWI's high quality products to more than 90 countries, including the US, Germany, Russia, Canada and Singapore, has also been a major contributor to the company's achievement of a remarkable Dhs32.4m revenues in 2008 and overall global success.

For more information, please contact:
CommuniGate Middle East
PO Box 66861, Dubai, UAE
Tel: +971 4 3988134
Fax: +971 4 3988137

Disclaimer »

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 AMEinfo.com 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 AMEinfo.com Web site.

For details about submitting your stories, please read the guide - all content published is subject to our terms and conditions