Manufacturers of Ready Mix Concrete, Pre Mix Plaster & Construction Chemicals to Invest AED 42 million in Mineral Zone
Dubai: 23 January, 2006- Dubai Industrial City, a member of Tatweer, today announced Conmix Limited, one of the Gulf's leading providers of construction material for more than 30 years, as the first investor to start construction at the largest integrated industrial hub in the Middle East.
The two factories, for pre mix plaster and construction chemicals, are being developed at an investment of AED 42 million within the City's mineral zone. Spread over 200,000 sq ft, the factories will have a combined annual production capacity of 200,000 tons. Both units are scheduled for completion by April 2007.
Chris Lobel, General Manager, Ready Mix Division, Conmix said: "Currently, we export to Africa, Asia and the Middle East. The vantage location of our two new factories at Dubai Industrial City will help boost exports, besides serving the two largest construction material markets in the UAE - Dubai and Abu Dhabi."
Lobel added Conmix will also gain from Dubai Industrial City's close proximity to the Jebel Ali Port and the upcoming Jebel Ali Airport.
"We could not ask for a better location close to the airport and the port, factors that encouraged us to invest in Dubai Industrial City. We'd also like to credit the City for its support and streamlined processes that has allowed us to translate our plans on the ground within a short time," Chris noted.
Rashed Al Ansari, Chief Executive Officer of Dubai Industrial City, said: "As the only dedicated industrial destination in Dubai, the Dubai Industrial City is increasingly becoming the preferred platform for industrial companies to set their business in the Emirate and we are pleased to welcome Conmix as the first investor to start construction work within the industrial hub. We are working closely with them to ensure their quality, health, safety and environment standards are in compliance with our regulatory norms."
Dubai Industrial City is situated close to major highways such as Sheikh Zayed Road, Emirates Road and the Dubai Ring Road. Spread over 560 million square feet, it is a dedicated industrial destination comprising six industrial clusters for food and beverage, base metal, mineral products, chemicals, transport equipment and parts, and machinery and mechanical equipment.
Complementary facilities for logistics, warehousing, staff accommodation, in addition to commercial, residential and entertainment zones, position Dubai Industrial City as a comprehensive one stop-shop destination, providing tenants with a critical competitive advantage in the areas of human resources, logistics and business operations.
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About Conmix:
Conmix Limited, established in Sharjah in 1975, is a joint venture between the Bukhatir Group and German-Gulf Enterprises Limited. The core business of Conmix is ready mix concrete. The company has seven ready mix concrete plants in the UAE, three in Dubai, two in Sharjah and one each in Umm Al Quwain and Ajman.
Conmix are also the pioneers in the field of pre mix plaster. With two plants in the UAE & a net- work of distributors in more than 20 countries, including the GCC, the Near East, East Africa, Bangladesh & Sri Lanka, the company is manufacturing and selling up to 20,000 tonnes of dry plaster products monthly. The product range covers cement and gypsum lime plasters, decorative plasters, acoustic and insulation plasters, tile adhesives and grouts, surface treatments, repair and specialized mortars.
The Bukhatir Group is a well diversified conglomerate, active in such fields as Building Materials, Contracting, IT Solutions, Real Estate, Shopping Complexes, Sports, Education and Media.
German-Gulf Enterprises Limited is a U.A.E. based engineering and trading company, representing some of the world-renowned manufacturers of heavy vehicles and equipment used in the construction industry.
About Dubai Industrial City
Dubai Industrial City (DI), a member of Tatweer, was set up on 560 million sq ft of prime land, with the aim of catalysing the growth and expansion of the industrial sector in the United Arab Emirates - especially in high value added manufacturing and production in the sectors of Machinery & Mechanical equipment, Transport Equipment and parts, Base Metal, Chemicals, Food and Beverage and Mineral Products.
Dubai Industrial City provides one of the region's finest business environments and is a one-stop facility for industry and related sectors such as logistics, assembly and warehousing, vocational training and staff accomodation. DI City's strategic location near (Dubai World Central) the new Jebel Ali Airport City, the Jebel Ali Free Zone and Port; trans-Emirates highways, including Sheikh Zayed Road and Emirates Road near the border with Abu Dhabi provides easy and convenient access to global transportation points via road, air and sea.
About Tatweer
Launched in December 2005 Tatweer is one the region's most promising enterprises and a Member of Dubai Holding. It owns nine market-leading companies and managing an ambitious business development plan.
Its current portfolio is divided into Energy & Healthcare, Tourism & Entertainment, Industry & Knowledge. Its entities are Dubai Healthcare City, the region's hub for world-class quality healthcare services; Mizin, one of the most advanced real estate companies in the region; Dubailand, one of the biggest leisure, entertainment and tourism destinations in the Middle East region; Dubai Industrial City, an industrial township to develop Dubai as a leading manufacturing hub; Bawadi, the world's leading hospitality and entertainment project bringing 31 hotels and more than 29,000 hotel rooms; Dubai Energy, investing in regional and global energy opportunities and building a diversified investment portfolio; Dubai Mercantile Exchange, the first commodity futures exchange in the Middle East; Global Village, which brings together 160 different countries showcasing myriad cultures; and Moutamarat, the first Arab initiative organizing research-based conferences and exhibitions.
A Member of Dubai Holding, Tatweer and its entities will continue to consolidate a group of life-improving industries. In addition, it has pioneered the market with joint venture initiatives with leading companies such as the New York Mercantile Exchange or the Saudi Research and Publishing Company.
Tatweer will continuously strive for world-class performance implementing leadership development to drive and sustain business excellence, quality and high performance.
For further information please contact:
Tarek Sakik
Senior Account Manager
JIWIN, the Public Relations Arm of Dubai Press Club
Phone: +971-4-3613593
Email: Tarek.Sakik@Jiwin.ae
© Press Release 2007
