Free press releases distribution network?

Agency / Source: Orient Planet PR & Marketing

Check Ads Availability|e-mail Article


Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!



High Credibility Investors from GCC Countries to Share Equity in Emirates Float Glass - “Emirates Float Glass is poised to play a crucial role in effectively catering to the growing demand for glass products, not only in the UAE but also across the GCC region.
High Credibility Investors from GCC Countries to Share Equity in Emirates Float Glass

 

PRZOOM - /newswire/ - Dubai, UAE, United Arab Emirates, 2006/07/02 - “Emirates Float Glass is poised to play a crucial role in effectively catering to the growing demand for glass products, not only in the UAE but also across the GCC region..

   
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Manufacturing/Robotics Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Emirates Float Glass (EFG) LLC, founded by Dubai Investments PJSC has announced that a host of highly credible investors drawn from different countries of the GCC region will participate in the total equity of EFG, with overall sharing ratio of 30 percent by GCC investors and 70 percent by UAE investors.

“The tremendous interest and response from investors in the GCC region encouraged Emirates Float Glass to opt for the strategic long term partners to be stakeholders in this ambitious project. We will now have an interesting representation of strategic investors for Emirates Float Glass from the GCC region which is our primary target market,” said Khalid Kalban, Managing Director and CEO of Dubai Investments PJSC.

“The fact that so many highly reputed investors from the region have shown their keen willingness to invest in this multi million dollar project is proof of the strategic importance of EFG in the Middle East, especially in the wake of the region’s ever growing construction industry,” he added.

EFG’s float glass production plant envisaged at the Industrial City of Abu Dhabi is planned to be constructed at a cost of US$ 193 million, and will have an annual capacity of about 160,000 tons of various glass products. The plant will have a daily production capacity of 600 tons of glass per day with the product mix matching the contemporary needs of different market segments.

The design and process engineering of the plant, incorporating the contemporary technology adopted by PPG has been completed by the turnkey contractor for the project – IANUA of Italy which has been involved since 1975 in designing, building plant and machinery, commissioning and plant startup used in glass process transformation around the world. Emirates Float Glass has entered into a complete technology supply arrangement and has signed agreement with PPG Industries, a global supplier of glass, coatings, fiberglass and chemicals with about 50 production facilities in the United States and about 108 worldwide. Recently EFG signed an agreement with Mott MacDonald, one of UK’s top engineering and development consultancies to provide project management services to the facility.

“Emirates Float Glass is poised to play a crucial role in effectively catering to the growing demand for glass products, not only in the UAE but also across the GCC region. Our unmatched production capacity and quality of products will be the driving factors for us to consolidate our market position in the coming months,” added Kalban.

 
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Manufacturing/Robotics Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Agency / Source: Orient Planet PR & Marketing

 
 

Availability: All Regions (Including Int'l)

 

Traffic Booster: [/] Quick PRZOOM - Press & Newswire Visibility Checker

 

Distribution / Indexing: [+]

 
 
# # #
 
 
  Your Banner Ad showing on ALL
Manufacturing/Robotics articles,
CATCH Visitors via Your Competitors Announcements!


High Credibility Investors from GCC Countries to Share Equity in Emirates Float Glass

Company website links NOT available to basic submissions
It is OK to republish and/or LINK any newswire for any legitimate media purpose as long as you name PRZOOM - Press & Newswire and LINK as the source.
 
  For more information, please visit:
Is this your article? Activate ALL web links by Upgrading to Press Release PREMIUM Plan Now!
|
Contact: Press Office - OrientPlanet.com 
+971 4 3988901 info[.]orientplanet.com
 
PRZOOM / PRTODAY - Newswire Today disclaims any content contained in this article. If you need/wish to contact the company who published the current release, you will need to contact them - NOT us. Issuers of articles are solely responsible for the accuracy of their content. Our complete disclaimer appears here.
IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any Orient Planet PR & Marketing securities in any jurisdiction including any other companies listed or named in this release.

Manufacturing/Robotics via RSSAdd NewswireToday - PRZOOM Headline News to FeedBurner
Find who RetweetFollow @NewswireTODAY



Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!




Read Latest Press Releases From Orient Planet PR & Marketing / Company Profile


Read Manufacturing/Robotics Most Recent Related Press Releases:

BASF Expands Automotive Refinish Coatings Manufacturing to Asia Pacific
Alstom’s South African JV Gibela Successfully Handed Over to PRASA The First X’Trapolis Mega
Neptune Lines Reduces Fuel Consumption and Emissions with Hempaguard
BASF Launches Ucrete MF40AS Industrial Flooring System on the European Market
Raritan Unveils Intelligent Cabinet Concept in Collaboration with Legrand Data Communications At Gartner Conference
Beretta Continues Global Celebration of its 490th Anniversary with Unveiling of One-of-a-Kind Shotgun in New York City
LANXESS Virkon S Proven to Kill Highly Pathogenic Avian Influenza Strains
BASF to Offer Tailor-made Product Innovation At European Coatings Show
Nexans to Drive Sustainable Transportation At its Annual Technical Conference
Tripp Lite Introduces A New Series of Pre-assembled 40 Gb to 10 Gb Breakout Fiber Patch Panels

Boost Your Social Network
& Crowdfunding Campaigns


LIFETIME SOCIAL MEDIA WALL
 
NewswireToday Celebrates 10 Years in Business
Find business coaching, life coaching, executive coaching and corporate coaching, best selling coaching books, ...



PREMIUM Members


Visit  La Bella Bakery Artisan Bakery Arizona

Visit  JobsWare.com

Visit  Triggr & Bloom







 
  ©2016 PRZOOM — Limelon Advertising, Co.
Home | About PRZOOM | Advertise/Pricing | Contact | Investors | Privacy/TOS | Sitemap | FRANCAIS
newswire, PR free press releases distribution service magazines engine news alert newsroom press room breaking news public relations articles company news alerts newswiredistribution ezine bizentrepreneur biznewstoday digital business report market search pr firms agencies reports distri-bution today investor relation successful internet entrepreneur newswire distribution prtoday.com freenewswiredistribution asianewstoday bizwiretoday USA pr UK today