Quotes: MENA   Enter Symbol: NewsLetter: Search: advanced

UAE - KEF, Elematic in precast technology tie-up  Join our daily free Newsletter

MENAFN - Khaleej Times - 12/12/2013
No. of Ratings : 0
Add to Mixx!



(MENAFN - Khaleej Times) KEF Holdings Chairman Faizal Kottikollon and Elematic CEO, Mats Jungar signed the agreement that would see the partnership being rolled out in a phased manner, first in India involving an investment of Dh200 million, and later in the UAE.

KEF Holdings, which has multi-million dollar investments in infrastructure, healthcare and agriculture, is setting up the first integrated factory in India for the fabrication and supply of concrete elements including columns, beams, hollow core slabs, architectural cladding panels, graphic concrete panels, aggregate finished panels and staircases.

In addition, public and trunk infrastructure works such as underground utility structures, railway sleepers, culverts, pipes, and earth retaining systems will also be produced.

The second phase of the partnership will involve KEF and Elematic working together to introduce graphical concrete to the UAE and India. Using this technology, customised patterns and images on concrete surfaces can be produced. The technology allows for modern architectural features to be printed on concrete surfaces, said Kottikollon.

"This long-term partnership with Elematic will usher in a new era for construction projects in India where frequent delays occur due to a number of challenges. With precast, very high quality elements can be produced in a factory quickly, transported and erected at site ensuring completion of construction project timelines before schedule - at a reduced cost with minimum wastage and repair," said Kottikollon.

We also look forwa to introducing architectural and graphical concrete to the UAE market as well because it allows immense design possibilities for architects and developers. With the extremely large number of construction projects being planned for Expo 2020 all over Dubai, this technology which has been perfected in Finland can give a tremendous boost to the architectural landscape of the Emirate," said Kottikollon. The Indian facility, to be located in Krishnagiri, Tamil Nadu, will include a production facility for modular kitchens and bathrooms as well as a joinery unit that would manufacture high quality, interior fit outs.


A community centre with accommodation and world class sports and leisure facilities for the staff of the factory and for those in the vicinity will be co-located in the complex. Elematic will be the technology and equipment partner on the project which will supply and service all major South Indian cities including Bangalore, Chennai and Kochi. KEF Holdings has implemented precast technology in a major philanthropy initiative where a 120-year-old, Government school for girls in Nadakkavu in Calicut, Kerala has been fully upgraded with new classrooms, labs, dining hall, toilets, indoor gymnasium, astro-turf sports field and landscaping.

More than 132,000 sq. ft. of the campus was created or upgraded using Precast in a record time of 10 months. The project is part of a larger initiative called PRISM (Promoting Regional Schools to International Standards using Multiple Interventions) whereby government schools in Kerala are being upgraded in many areas.

 


Khaleej Times




  MENA News Headlines
 Feb 6 2016 - Saudi Arabia sees one IPO in Q4 raising USD 101mnMENAFN
(MENAFN) The last quarter (Q4) of last year viewed the sluggish main public offering (IPO) performance in Q3 proving that 2015 was an unstable year for IPOs in the GCC.Moreover, the kingdom viewed ...

 Feb 6 2016 - Industries Qatar net profit drops at 1.21bnMENAFN
(MENAFN) Industries Qatar, one of the area's industrial giants with interests in the production of a wide range of petrochemical, proclaimed its financial results for its net income.Additionally, net ...

 Feb 6 2016 - KSA health sector cuts spending by 50 percentMENAFN
(MENAFN) Saudi Ministry of Health asked its different departments to review recent inventories to ensure the availability of medicine and medical devices.Moreover, the reduction of health sector was ...

 Feb 5 2016 - Julius Baer signs final deal with the USThe Journal Of Turkish Weekly
(MENAFN - The Journal Of Turkish Weekly) Swiss bank Julius Baer has signed a deal with the United States authorities bringing an end to an investigation into how it helped US clients evade taxes. A ...

 Feb 5 2016 - Turkey- Merkel to travel Ankara to discuss Syria refugee crisisThe Journal Of Turkish Weekly
(MENAFN - The Journal Of Turkish Weekly) German Chancellor Angela Merkel will travel to Ankara on Monday for talks on Syria andthe refugee crisis her spokesman announced Friday. “The visit ...

 Feb 5 2016 - NATO: Russian airstrikes undermining non military efforts in SyriaThe Journal Of Turkish Weekly
(MENAFN - The Journal Of Turkish Weekly) NATO chief Jens Stoltenberg says Russia's airstrikes in Syria are undermining efforts to find a non-military solution to the conflict. Stoltenberg made the ...

 Feb 5 2016 - Syrian woman starves to death in besieged MadayaThe Journal Of Turkish Weekly
(MENAFN - The Journal Of Turkish Weekly) A Syrian woman starved to death on Thursday in the Syrian town of Madaya taking the death toll in the besieged town to 18 a local medical center said. ...

 Feb 5 2016 - Major players pin high hopes on Syria political solution skepticism remainsThe Journal Of Turkish Weekly
(MENAFN - The Journal Of Turkish Weekly) Despite frustration over a suspension of the third round ofSyriapeace talks major global players still believe that a political solution though difficult to ...

 Feb 5 2016 - Jordan's Joramco to spend USD10m on expansionMENAFN
(MENAFN) In response to expanding demand and an arising Iranian aviation market, Joramco, a Jordan-based aircraft heavy maintenance company, is planning to invest nearly USD10 million to expand its ...

 Feb 5 2016 - UAE's Career Fair 2016 kick-start with huge potentialMENAFN
(MENAFN) The Abu Dhabi City Municipality is participating in the Career Fair 2016, under the umbrella of the Department of Municipal Affairs, which launched in in Abu Dhabi National Exhibition ...

more...


 






Google

 
 

Middle East North Africa - Financial Network

MENAFN News Market Data Countries Tools Section  
 

Middle East North Africa - Financial Network
Arabic MENAFN

Main News
News By Industry
News By Country

Islamic Finance News
Private Equity News

How-To Guides
Technology Section

Travel Section

Search News

Market Indices
Quotes & Charts

Global Indices
Arab Indices

Commodoties

Oil & Energy

Currencies Cross Rates
Currencies Updates
Currency Converter

USA Stocks
Arab Stocks
 

Algeria 
Bahrain 
Egypt 
Iraq
Jordan 
Kuwait 
Lebanon
Morocco 
Oman 
Palestine
Qatar 
Saudi Arabia 
Syria
Tunisia 
UAE 
Yemen

Weather
Economic Calendar
Financial Glossary


Financial Calculators

RSS Feeds [XML]

Corporate Monitor

Events

Real Estate
Submit Your Property

Arab Research
Buy a Research

Press Releases
Submit your PR

Join Newsletters


 
© 2014 menafn.com All Rights Reserved.  Terms of Service | Privacy Policy | Contact Us | Advertise | About MENAFN | Career Opportunities | Feedback | Help