OXYCOM set to form joint venture with a leading UAE company
Company gearing to roll out operations in GCC region
Dubai, UAE: Alexander Banz, Chairman of Advisory Board at OXYCOM, has revealed that a joint venture is currently being fostered with a leading UAE-based company.
Elaborating on this, Banz said, “We started looking for a partner three years ago, and we are now in the advanced stages of forming a partnership with a leading UAE based company.”
Speaking of OXYCOM’s existing projects in the UAE, Banz said, “We have currently installed a pre-condenser cooling unit, which is operational and in progress at the Al Maktoum International Airport, Jebel Ali, Dubai, and it has saved over 25% of energy annually.”
He added that other products would subsequently be launched in the GCC region in due course of time.