Danube to invest AED 50 million into the aluminium and glass sector by 2009
Press Release Content
Aluminium production in the UAE to hit 2.5 million metric tons by 2010.
Danube Building Materials, a leader in the construction, building materials and shop fitting industry, has announced its plans to invest AED 50 million towards aluminium and glass manufacturing by 2009.
The move is in line with the extensive growth witnessed in the aluminium market, with recent studies predicting that aluminium production in the UAE will cross 2.5 million metric tons by 2010. In addition, the investment aims to capitalize on the steadily rising price of aluminium, which rose by 23 per cent in the first quarter of 2008 in Dubai compared to the same period last year.
As a distributor of leading international brands for aluminium composite panels, aluminium profiles and aluminium sheets, Danube currently plays a vital role in the trading of these products, carrying world-renowned names such as Alubond, Balesco, Arabian Extrusions, Emirates Extrusions, Jindal and Al Jabbar Extrusions.
The company is also supplying a formidable range of architectural glass products, including Saint-Gobain, Guardian and Glaverbel. In line with its growth strategy for the region, the leading manufacturer is continuously investing in its glass processing units, including tempering, double glazing, edge-processing, sand-blasting, drilling and notching, and decorative glass processing in a bid to raise the quality standards of its glass products.
”Since we started our aluminium and glass division in April 2007, we have supplied high quality building materials to large and premium projects in the UAE, Oman, Bahrain and Qatar,” said Rizwan Sajan, Chairman, Danube Building Materials. “In our analysis of the present situation, we are confident that our investment in this market will result in more business prospects for us, which will further strengthen our position in the regional market.”
Recent studies have shown that the Middle East contributes five per cent to the global volume of aluminium production; however this figure is expected to increase based on the 42 per cent growth in regional aluminium production between 2002 and 2007. Danube’s aim is to focus on supplying the best products in response to the high demand created by the construction industry, whilst also offering customers real value for money.
”The booming construction and real estate industry continues to fuel our high expectations for the regional building materials market. We are directing our focus to address the massive demand in the market by providing a steady supply of high grade glass and aluminium products from Belgium, France, Germany, USA, India, Indonesia, Taiwan, China and Bahrain. Through this strategy, we aim to establish Danube as a prominent and trusted partner for developers and contractors across the region,” concluded Sajan.
Danube is one of the largest building suppliers in the UAE and the region with an extensive portfolio of 10,000 selections ranging from MDF, plywood, timber, laminates, veneers to sanitary fittings, hardware, ironmongery, aluminium and glass among others.
In 2004, the company began its operations in Jebel Ali with a 19,000-square metre warehouse cum office, which serves as its regional hub and caters to booming markets in UAE, Oman, Bahrain and India.
Notes and contacts
About Danube Building Materials FZCO
Danube Building Materials FZCO was established in Dubai 15 years ago. The company started out as a small trading firm in 1993 and has grown to comprise of 10 branches in the UAE, 2 in Oman, 1 in Bahrain, 2 in China and 1 in India. It stocks more than 10,000 products and offers value-added in-house services.
It operates its head offices in a 17,550 square metre facility in JAFZA north and a 50,000 square metre area in JAFZA south, which includes warehouses, logistics, kiln drying unit and a factory. Danube has a team of over 700 people working from strategic locations.
LATEST PRESS RELEASES
Finance & Insurance: read more »
Electronics / Electrical: read more »
Real Estate: read more »
Aviation: read more »
Dentsu Aegis Network MENA strengthens its presence in North Africa and Levant with the appointment of a new COOPosted on Monday, 14 April 2014
Communications: read more »