Philippine Stainless Steel manufacturer Sanyo Seiki Stainless Steel said the rising demand of Stainless steel in the Gulf region signals new opportunities for SME home building companies. The company will join The Big 5 Show in Dubai on 25 to 29 November, and following business missions in Fujairah and Abu Dhabi to meet general contractors, property developers and distributors for possible projects/contract arrangements.
"We are on the lookout for distributors that would help us strategically penetrate the Middle East market," said Glenn Chan of Sanyo Seiki. The company plans to bring its stainless steel products like Coils, Sheets #8 Mirror Finish, #4 Satin Finish, HL Hairline Finish, Super Polish Welded Tubes, Welded Pipes, Plates, Angle and Round Bars and Others stainless steel products.
According to report of a Kuwait-based Gulf Investment Corporation (GIC), steel demand in the Gulf region is dominated by long products, driven by growth in domestic demand emanating from strong construction boom. The region is also the net importer of products such as ingots, steel tubes, seamless tubes, hot rolled rod in coil, welded tubes, and cast iron pipes.
Demand for these products in the Middle East region is expected to increase from 70 million tons in 2007 to around 90 million tons in 2010. GCC steel demand on the other hand will be in the range of 20-30 million tons during the same period.
Sanyo Seiki is now on its 20th year of supplying stainless steel products that contributed significantly to the requirements of the foremost industries, such as manufacturing, transportation, oil refining, food processing, mining, agriculture, among others. The company was granted an ISO 9001:2000 certification last year.
Together with Pacific Timber Export Corporation (flush doors), Piedra Systems, Inc. (stone veneers), YYD System Interiors, Inc. (laminated doors and cabinets), TMC International Corporation (marble tiles, slabs, mosaic), Raphael Legacy Designs, Inc. (mosaic, tiles, medallion, table countertop), Gracepark International (wood cabinets, solid wood doors), and iCoast (misting system), The Philippine delegation will occupy the M28-31 Main Concourse Area of the Dubai International Exhibition Centre.
The Big 5 Show is an annual event that has been running for more than 25 years now, and is considered the biggest building materials event with a strong and reliable sales track record. Last year's edition featured a remarkable number of 2,894 exhibiting companies from 67 countries including thirty national pavilions. The trade show received a total of 41,058 visitors and buyers comprised mostly of contractors, architects, developers, specifiers and distributors, 72% of which came from the UAE, 14 % from the Gulf states and other Arab countries, and 14% from other countries with major representations from India, Iran and Europe.
The Big 5 Show combines seven major exhibitions under one roof, namely; air-conditioning and refrigeration; water and environment; glass and metals; marble and machinery; bathroom and ceramics; cleaning and maintenance; including building and construction materials.
The Philippine participation is organized by the Center for International Trade Expositions and Missions (CITEM), the export promotion arm of the Department of Trade and Industry. For more information about the Philippines' second participation to The Big 5 Show, visit www.citem.com.ph/big5.
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© Press Release 2007
