By Gavin Davids
Building material firm plans to export to wider Middle East, anticipates demand from chemical, construction sectors
Arkan Building Materials, the UAE conglomerate, plans to build the Gulf’s first lime plant in Al Ain in a bid to tap into the region’s growing demand for industrial lime.
The AED200m ($54.4m) plant, will have a production capacity of 1,000 tonnes per day, is scheduled to begin operations in 2012 with a view to exporting to the Middle East.
The company declined to specify the plant’s value or when construction would begin.
“With a capacity of nearly 1,000 tonnes, products manufactured at our new lime facility will not only be distributed locally, but also exported to other countries in the wider region,” said Abdellatif Al Sfaxi, chief executive officer of Arkan, in an emailed statement.
Suhail Mubarak Al Ameri, chairman of Arkan, said lime demand is expected to increase in response to demand from the region’s construction and chemical industries.
In November, Arkan began work on its first dry mortar plant in the UAE. The AED100m ($27.2m) plant is scheduled to be fully operational by the fourth quarter of 2011 and will have a production capacity of 1,000 tonnes a day.