Dec 16 2007 |
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EIIC to set up Dh1.5b clinker unit in Abu Dhabi
ABUDHABI -- Emirates International Investment Company (EIIC) is to establish a Dh1.5 billion clinker-cement factory in Abu Dhabi city.Clinker is a solid material used to produce cement and mortar, and if stored properly, can be traded internationally in large quantities. The new EIIC factory will meet the requirements the region's real estate boom, which is increasingly inflating the demand for this basic construction component.
EIIC has announced that construction on the factory will commence next month and will take approximately three years to complete. Abu Dhabi's first ever clinker-cement factory is expected to be ready for commercial production by end of 2010.
"Production capabilities and volume should reach around 3.5 metric tonnes annually, once the factory is fully operational," commented Abdellatif Sfaxi, CEO of EIIC . "This capacity is expected to cover most of Abu Dhabi's needs for clinker-cement and we will also be able to supply a higher demand, according to our future factory expansion strategies."
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