Sunday, 10 November 2024

Rubber World Industries to invest USD 2 million to expand its production facilities

Company showcasing its products at The Big 5 at the Dubai World Trade Centre

  • By Content Team |
  • Published: November 22, 2016
  • Share This Article

Dubai, UAE: Rubber World Industries (RWI), the manufacturer of rubber insulation ‘Gulf-O-Flex’ and part of the Shaikhani Group of Companies, has announced that it will be investing USD two million to further expand the current production facilities, which includes additional production lines, new equipment and a new R&D laboratory.

According to the announcement, the new expansion is expected to triple the manufacturer’s production capacity within Q1 2017 to address the surging prospects for the manufacturing sector. The company said that it is eyeing expansion opportunities, both domestically and overseas and to open new facilities to drive revenue growth, and increase sales and products in existing markets. The expanded facility, the company mentioned, will also play a key role in the further expansion of the distribution channel in the Middle East, Africa and South East Asia region. The company added that it will also introduce glass wool thermal insulation to its line of products.

The company informed that it will be showincasing its wide range of HVAC products, including rubber insulation tubes and sheets, glue and seals, insulation tapes (foam tapes, PVC tape, aluminium tape and duct tape), flexible ducts, anti-vibration pads, glass wool insulation and duct cloth, at their stand 2C71 at The Big 5, being held from November 21 to 24, 2016, at the Dubai World Trade Centre.

“The burgeoning demand for high quality rubber insulation products has steered our focus towards increasing our production capacity, while utilizing the latest  R&D technologies to further enhance our products’ performance,” said Rizwan Shaikhani, Managing Director of Rubber World Industries.

He added: “As we see extensive expansion opportunities within the regional and global markets, increasing the quantity and increasing the quality of our products are our foremost goals for 2017. Events like Big 5 give us an opportunity to strengthen as well as establish new business relationships with customers from Europe, Australia, America and among other regions which is why we are having a bigger presence at this year’s event.”

 

Related News

You May Also Read