PHOTO
Company targets growth across the GCC states, Middle East and Africa
Dubai - Lumiglass Industries LLC, a component of Glass LLC, leading processors of laminated safety glass in the Middle East and a subsidiary of Dubai Investments PJSC, has announced plans to diversify its product offering into architectural Bullet Resistant Glass sector in line with rising industry demand amidst rampant construction in the region.
The company aims to reinforce its market presence in countries across the region, including the GCC states, other Middle East countries, Asia and possible expansion into new markets across the African continent. Lumiglass is currently operating in Egypt.
Lumiglasshas already expanded its bullet-resistant glass production capacity by 50 per cent per year by adding newand advanced technology of automotive glass bending furnaces.
The global bulletproof glass market has witnessed a massive growth trajectory in the past decade, and is expected to report a compounded annual growth rate of over 18 per cent in the period 2012-2016, driven by fast-paced growth in the automotiveindustry and expanding scope of usage in the constructionsector.
Rizwanullah Khan, Executive President of Lumiglass, said: "The growing demand of bullet-resistant glass and laminated safety glass in the region is spearheading the expansion plans of Lumiglass Industries. The company is eyeing strong growth in its portfolio and geographical presence in the coming two years, with a strong focus on innovation."
He added: "Since its inception in 2003, Lumiglass has maintained high standards of quality and this, coupled with its constant upgrade of new furnacesallows Lumiglass to produce and supply a wide selection of high-performance laminated glass to customers around the region and beyond."
The company is studying plans to introduce new products in line with market demands, which include maximizing the laminated safety glass offerings to meet the most complex safety and designrequirements at various performance levels.
Lumiglass Industries has successfully attained all relevant quality certifications such as the CE Mark and label certification, in accordance with EN14449-2, as well as other internationally-recognized armor glass certifications for ballistic protection.
-Ends-
About Lumiglass Industries LLC
Established in 2003, Lumiglass Industries LLC, a subsidiary of Glass LLC which is wholly owned by Dubai Investments PJSC, is one of the leading producers of safety and security laminated glass with wide automotive and architectural applications throughout the defence, security and construction industries. Investing in state-of-the-art technology and quality expertise to meet the highest codes of safety, Lumiglass Industries is a leader in the production of bullet resistant glass.
For media inquiries, please contact:
Venkat Iyer | Public Relations & Media Assistant Manager
DUBAI INVESTMENTS
PO Box 28171, Dubai, UAE
.T: +97148122400
.D: +97148122426
.F: +9714 8122424
.Mob: +971507187383
www.dubaiinvestments.com
© Press Release 2015
