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RAK Ceramics   (RAKCEC.ADSM)
Also known as: Ras Al Khaimah Ceramics
Sector | Industry
Construction | Ceramic and Sanitary Ware
 
Country of Origin
United Arab Emirates
Last Trade
1.52 AED
+ 9.35%
 
 
 
 
 
 
 
 
 
 
 
 
Company Updated: Feb 07, 2008
 
UAE
Joint Stock
 
 
Production of ceramic wall and floor tiles, porcelain tiles, and sanitary ware.
1989
8,584 (5,372 Company, 8,584 Group)
206,500 square meters of tiles per day (UAE plants)
300,000 square meters of tiles per day (worldwide plants)
7,000 pieces of sanitary ware per day (UAE plants)
 
10,000 pieces of sanitary ware per day (worldwide plants)
 
 
UAE
Romania
Ireland
 
Bangladesh
Sudan
China
 
India
USA
Germany
 
Italy
France
Belgium
 
Australia
United Kingdom
Switzerland
 
Africa
Bulgaria
Netherland
 
Monaco
Slovakia
 
 
UAE (12)
Bangladesh (4)
China (2)
 
India (2)
Sudan
Slovakia
 
Iran
 
 
Abu Dhabi
Dubai
Sharjah
 
 
 
RAKCEC 
Ordinary 
AED 
 
 Key Officers
HH Sheikh Saud Bin Saqr Al Qassimi
Chairman
Dr Khater Massaad
Chief Executive Officer
 
 Contact Details
Address:
Rak Ceramics Headquaters
3rd Floor
Rak Highway
P.O. Box 4714
Ras Al Khaimah
United Arab Emirates
 
+971 7-244-5046
 
+971 7-244-5270
 
rakceram@emirates.net.ae
 
www.rakceramics.com
 
www.prestigetiles.com
www.rakfrance.com
www.rakcomposites.com
www.rakbathware.com.au
www.rakminerals.com
www.ahmadahrak.com
www.ceramin.net

 
  Latest Headline
RAK firm to acquire 24% stake in Nalco's smelter in Indonesia  - Emirates Business 24/7
 
  Business Overview
Located 20 kilometers south of Ras Al Khaimah city on a 1 million square meter (10.76 million square foot) facility, RAK Ceramics (RAK) became publicly listed on the Abu Dhabi Securities MarketAbu Dhabi Securities MarketLoading... in 1998 with a total investment capital of USD250 million.

RAK produces ceramic walls and floor tiles, gres porcellanato, and sanitaryware. In Ceramics, RAK produces ceramic wall tiles, ceramic floor tiles, matching decor tiles, listellos, and pencils and cappings. In Gres Porcellanato (porcelain/vitrified tiles), RAK produces models in soluble salt, salt and pepper, and glazed covering finishes such as polished, semi polished, unpolished, rustic, stone, mosaic, travertine. In Sanitaryware, RAK produces models in wash basins (mounted as well as pedestals), water closets (WC), bidets, bathroom sets, bath tubs, shower trays, kitchen sinks, bathroom cabinets, accessories, and decorated sets.

RAK started its operations with one production line in June 1991 with an output of 5,000 square meters per day, which it has since expanded to 200,000 square meters per day of ceramic/gres porcellanato tiles by year end 2005. Moreover, 2 presses and 3 kilns are used exclusively to produce special items including decors, listellos, and skirtings. By yearend 2005, RAK's products were exported to more than 135 countries across five continents.

In 2000, RAK's first overseas tile plant commenced production in Bangladesh with a capacity of 10,000 square meters per day. RAK continued its international plant expansion into China, Sudan, Iran, Slovakia, and India in addition to expanding its plant capacity in Ras Al Khaimah . In 2004, RAK started a joint venture with Laticrete and starts production to make tile adhesives.

RAK received ISO 9001 certification in 1997, ISO 9001:1994 in 2002, and ISO 9001:2000 in 2005. RAK won the Arabian Business Company of the Year Award for the year 2004 and the Mohammed Bin Rashid Al Maktoum Business Award (MRM Business Award) for industry in 2005.
 
 
 Major Shareholders
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  Organization Structure and Related Entities
Subsidiaries/Associates/Affiliates
 
Name  Country  Holding
CSCI Gresivaudan France 100.00%
Prestige Tiles Australia 100.00%
RAK Ceramics Deutschland Germany 100.00%
RAK Ceramics France France 100.00%
RAK Ceramics Sudanese Investment Company Sudan 100.00%
SA Setrim France 100.00%
SCI Du Golfe France 100.00%
RAK Distribution Europe Italy 95.00%
RAK Composites UAE 80.00%
Elegance Ceramiche Italy 60.00%
RAK Ceramics India India 60.00%
RAK Ceramics Italia Italy 60.00%
RAK Ceramique Switzerland Switzerland 58.00%
Laticrete Ras Al Khaimah UAE 55.00%
RAK Chimica UAE 55.00%
ECO RAK UAE 51.00%
Electro RAK UAE 51.00%
Kludi RAK UAE 51.00%
Laticrete RAK UAE 51.00%
Prime Builders Contracting UAE 51.00%
RAK - VI UAE 51.00%
RAK Ceramics Benelux Belgium 51.00%
RAK Global Logistics UAE 51.00%
Agora Trading and Investment UAE 50.00%
Ceramic Sdn Bhd Malaysia [via Ceramin] Malaysia 50.00%
Ceramin India [via Ceramin] India 50.00%
Ceramin [via RAK Minerals and Metals Investments] UAE 50.00%
PT Ceramin Indonesia [via Ceramin] Indonesia 50.00%
Prime Builders Trading UAE 50.00%
RAK Bathware Australia 50.00%
RAK Ceramic UK United Kingdom 50.00%
RAK Ceramics Saudi Saudi Arabia 50.00%
RAK Minerals and Metals Investments UAE 50.00%
RAK Porcelain UAE 50.00%
Ras Al Khaimah Minerals and Metals Investments UAE 50.00%
RAK Minerals and Metals Investments Congo [via RAK Minerals and Metals Investments] Congo 37.00%
Congo Roche Sprl [via RAK Minerals and Metals Investments Congo] Congo -
Katanga Minerals Processing [via RAK Minerals and Metals Investments Congo] Congo -
Premiere Miniere Du Katanga [via RAK Minerals and Metals Investments Congo] Congo -
RAK Minerals and Metals Investments Armenia [via RAK Minerals and Metals Investments] Armenia -
Investments
 
Name  Country  Holding
Ahmadah RAK International Logistics Services UAE 10.00%
Developments and Projects
 
Name  Country  Holding
Iran Mall Project Iran 24.00%
 
 
  Representatives
Auditors
 
Gulf Accountancy and Audit Centre Al Abdooli Company
 
Banks
BNP Paribas
Barclays Bank
The National Bank of Ras Al Khaimah
Citibank
Arab Bank
Calyon Corporate and Investment Bank
HSBC Bank Middle East
Standard Chartered Bank UAE
Law Firms
 
Al Hawwai Advocates Office
 
 
 Summary Financials
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