Glass LLC Coating Division Wins Orders worth AED280 million during H1 2015Source: www.export-egypt.com 8/25/2015, Location: Middle East |
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Glass LLC, the first glass holding company in the Middle East and a wholly-owned subsidiary of Dubai Investments, DI, has announced that its coating lines, comprising subsidiaries Emirates Glass LLC, EGL, and Saudi American Glass, SAG, have won projects exceeding AED280 million in the first six months of 2015.
The coating projects come in the midst of an increase in the number of infrastructure contracts across the GCC. During the first half of the year, the new orders include multiple projects worth AED150 million in the United Arab Emirates, AED75 million in the Kingdom of Saudi Arabia and AED45 million in Qatar, Bahrain, Oman and Kuwait. Rizwanulla Khan, Executive President for Emirates Glass, Lumiglass Industries and Saudi American Glass, said, "The order books of our glass subsidiaries are strong this year, in line with the increasing demand for our high-quality, energy-efficient products. Our portfolio of ongoing projects in strategic markets across GCC has cemented our credibility and position as a trusted supplier of glass products for iconic real estate projects." He added, "It's not just tall towers that we are known for today, but we are also the supplier of choice to many of the major residential developments currently in construction throughout the region. Glass LLC also provides premium quality glass solutions to the construction, automotive, security and defence industries and is eyeing growth across the region and into newer markets in order to realise our envisioned growth." |
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