(MENAFN - Khaleej Times) The new line, to be added by mid-2014, will further augment the production capacity to 6,000 Metric Tonnes (MT) and will go a long way in bolstering the company's leadership in the sector. The new line will also boost the production of wooden finish and powder-coated aluminium, which augurs well for EEF amidst surging demand due to the construction boom in the region.
The company, which reported an annual turnover of Dh190 million in 2012, also unveiled plans to aggressively target the export markets in the wake of burgeoning construction activity across Saudi Arabia, Qatar, Oman, Yemen and Africa. EEF currently exports nearly 60-70 per cent of its production to various countries across the Middle East and Africa.
Khalfan Al Suwaidi, MD of EEF, said: "The resurgence of the construction industry across the GCC and beyond is indeed good news for Emirates Extrusion, and we plan to cater to this inherent demand for extruded aluminium through our new production line. Construction takes a major chunk of our business nearly 80 per cent, with the rest being earmarked for industrial downstream projects. The new line will not only go a long way in escalating our overall output but also help us offer the most reliable aluminium profiles to the market."