New offerings expand selection for customers with conventional and specialized needs
Zamil Air Conditioners (ZAC), a business unit of Zamil Industrial and the leading international manufacturer of air conditioning systems in the Middle East, is pleased to announce the launch of two new series of Modular Condensing Units, as well as completion of the longest customized Chiller ever built in the company's 33-year history. These new product offerings are specifically designed to satisfy market demand for new HVAC solutions that provide maximum application flexibility and energy savings to the company's growing customer base.
The new CAX (60Hz)/CAL (50Hz) and CDX (60Hz)/CDL (50Hz) Series of air-cooled condensing units consists of several models ranging from 20 to 170 tons in cooling capacity. They use engineering excellence to provide comfort in air conditioning and efficiency in industrial cooling, along with a superior combination of energy savings, performance, application flexibility, ease of service and maintenance and the ability to withstand extreme ambient temperatures. These units, suitable for rooftop or ground level installation, can be combined with a wide variety of evaporator coils and blower packages to provide quiet and dependable comfort.
ZAC assures the quality, safety and comfort of these units by a range of standard features such as UL listed electrical components and low noise condenser fans with insulated motors for quiet comfort.
The new series of modular units utilize the environmentally friendly HFC-134a refrigerant, a singular compound form with proven, highly efficient thermodynamic properties. There will be no phase out or replacement costs for the life of the equipment.
ZAC recently designed and built the longest ever chiller in the company's history, with a length of 17.5 meters and 540 tons of cooling capacity. The new Chiller (ASY 540) was custom built for Saudi Aramco and tested at 52 C degrees (126 F) ambient temperature.
The custom-built duplex air-cooled screw chiller consists of two combined modules and utilizes the environmentally friendly refrigerant R134a. The massive unit offers the ultimate combination of energy saving design and superior engineering features needed to fulfill the evolving requirements of specialized and heavy-duty industrial applications. It incorporates the newest advanced microprocessor controller to monitor analog and digital inputs and achieve precise control and protective functions of the unit, ensuring efficient and reliable operation at all times.
"We are delighted to announce the addition of these two new series of modular condensing units to the ZAC product lineup. They enhance our product range in this category and make our offerings more competitive over the existing series. The ASY540 chiller represents a milestone achievement in our ongoing efforts to provide specialized equipment for heavy industrial applications," says Osama Bunyan, Executive Vice President, ZAC.
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About Zamil Air Conditioners (www.zamilac.com)
Zamil Air Conditioners (ZAC) was founded in 1974 as one of the first air conditioning business to be established in Saudi Arabia and today is a leading international manufacturer of air conditioning systems and is Number 1 in the Middle East. It designs, manufactures, tests, markets and services a comprehensive range of air conditioning products, from compact room air conditioners and mini splits to large scale central air conditioners, chillers and air handling units for highly specialized commercial and industrial applications. These products and services are marketed under various brand names - Classic, Cooline, Cool Care, Clima Tech, Kessler Clima Tech and Geoclima - depending on specific markets. ZAC's factories are located in Dammam, Saudi Arabia and Italy.
ZAC is also involved in the production of branded air conditioners for several leading international manufacturers under Original Equipment Manufacturer (OEM) agreements. It operates a joint venture between Zamil Industrial Investment Company (ZIIC) and General Electric, called Middle East Air Conditioners Ltd. (MEAC).
ZAC has been vigorously moving into newer markets, seeking strategic alliances and investing heavily in R&D.
ZAC is one of four sector businesses of Zamil Industrial Investment Company.
About Zamil Industrial Investment Company
Zamil Industrial Investment Company (ZIIC) was founded in 1998. It is headquartered in Dammam, Kingdom of Saudi Arabia, and employs more than 7,400 people in 55 countries. As an international manufacturing and fabrication group, it provides leading air conditioning, pre-engineered steel buildings, structural steel products, process equipment, transmission and telecommunications towers, open web joists and decks, architectural glass processing, aerated concrete products and fiberglass insulation solutions to meet the requirements of the global construction industry through its four sector businesses: Zamil Air Conditioners (www.zamilac.com), Zamil Steel Industries (www.zamilsteel.com), Zamil Glass Industries (www.zamilglass.com) and Arabian Fiberglass Insulation Co. Ltd. (www.afico.com.sa).
For the year ended 31 December 2006, ZIIC posted turnover of SAR 2.87 billion/USD 764.7 million, a growth of 21% over 2005, with net profit, after Zakat contribution, of SAR 191.7 million/USD 51.1 million. Post Zakat Earnings Per Share during 2006 grew to SAR 4.26/USD 1.14 from SAR 2.36/USD 0.63 representing 80.2 percent growth. Shareholders' equity grew by 26.2% to SAR 741.5 million/USD 197.7 million. Export sales accounted for SAR 1105.6 million/USD 294.8 million representing 39% of total revenues and 18.4% growth over 2005. ZIIC exports to more than 80 international markets.
ZIIC shares are actively traded on the Saudi Stock Market. More information can be found at www.ziic.com.
For more information on this press release, contact:
Said Al-Daajani
Zamil Industrial Investment Company
Corporate Communications
Tel: (966) 3 8471840Fax: (966) 3 8472574
e-mail: saidaldaajani@ziic.com
Samil Amin
Tel: +973 17 533532
Fax: +973 17 533370
e-mail: Sami.Amin@hillandknowlton.com
Press Release 2007
