21 July 2007
10,000sqm factory facility located at Dubai Investments Park

DUBAI - United Arab Emirates: ALUMCO LLC, a specialized aluminium façade contractor and major glass manufacturer, has announced the start of its new AED55 million glass processing factory located at Dubai Investments Park, built on a total area of 10,000 square meters, and furnished with state of the art machineries. With this opening Alumco now has a daily total production capacity of 2,000 square meters insulated glass per day and 1,000 square meters of frameless glass.

Samer Barakat, Managing Director, Alumco, said: "The opening of this factory will further consolidate the company's status as a leading provider of premium quality products and world class services. We are sure that the new glass factory will give a significant momentum to our operations and expanding our business scope."

Haitham Al-Khatib, Executive Manager, Alumco said: "The factory will be operating with the state of the art glass processing machinery, which includes a Lisec cutting line, glass edging line, a Tamglass tempering and insulating line,  a lamination line and an automatic silk screen machine. We are currently undergoing studies to further expand our production capacity."

The Lisec cutting line which can produce 4,000 square meters daily is mainly a robotic cutting line that can handle Jumbo size stock sheets of 6000 x 3300 mm.

The Tamglass tempering line (Pro E) which has a total daily capacity of 2,000 square meters can heat treat the sputter coated low E glass and all types of special coatings, with convection and radiation methods, it can heat treat a glass panel up to 6000 x 2800 mm.

The Lisec double glazing unit is a fully automatic line that can produce insulating glass units of 3500 x 2700 mm or larger, and has a daily production capacity of 2000 square meters.  This line is a fully automatic line equipped with a robotic sealant and an edge deletion machine for the sputter coated low E glass. The factory is also fitted with state of the art polishing machines."

"With billions of dollars worth of real estate projects currently coming up in the UAE and the region, we see tremendous potential for expanding our business. The UAE last year witnessed more than US$300 billion worth of active real estate projects, mostly in Dubai and Abu Dhabi and other Emirates. As we have already become an established player, we see spontaneous growth in the following years," said Barakat.

Among other factors that indicate favourable growth trends for the property sector is mortgage financing, which in the UAE shows at least a 50% year on year growth. This is a key growth factor to the real estate market which in turn will increase demand on our products, explained Mr. Barakat

-Ends-

About Alumco:
ALUMCO LLC is a specialized Aluminium Facade contractor. The company's prime business is design, engineering, manufacture and installation of all types of façade systems, including the most advanced curtain-wall and cladding systems offered anywhere in the world. Its scope of work covers skylights, cladding, doors and windows, double-glazing, tempering, powder coating and steel fabrication.

Alumco's vision is to offer the UAE and Gulf construction industries a full range of the most sophisticated and modern specialist aluminium architectural products.

For further details please contact:
Walid El-Tigi
Arabia PR FZ
Tel: +971 4 3911201;
Fax: +9714 390 45 11
Email: walid@arabiapr.com;
Website: www.arabiapr.com

© Press Release 2007