Dubai Investments Expands Float Glass Capacity
Dubai Investments accelerates growth with a new float line facility in Abu Dhabi, positioning itself as a regional leader in glass manufacturing.
Summary
Dubai Investments is constructing a second float line at Emirates Float Glass, marking a significant expansion in the GCC's glass manufacturing sector.
Dubai Investments PJSC, a stalwart in the diversified investment landscape of the UAE, has embarked on a transformative expansion journey with the commencement of a second production line at Emirates Float Glass (EFG) in the Khalifa Economic Zones Abu Dhabi (KEZAD). This strategic move not only reinforces Dubai Investments' commitment to industrial innovation but also positions EFG as the only manufacturer in the GCC with dual float line capabilities.
The inauguration of this project was graced by the presence of Khalid Bin Kalban, Vice Chairman and CEO of Dubai Investments, alongside Mohammed Ghareeb, Chief Experience Officer of KEZAD Group, and other distinguished officials. This expansion, requiring an investment of over AED 600 million, is set to significantly enhance EFG's production capabilities, thereby solidifying its status as a regional leader in float-glass manufacturing.
A key highlight of this project is the introduction of an Ultra Clear Glass production line, a pioneering initiative in the GCC and the broader Middle East. This line, coupled with EFG's magnetron sputtering coater, promises to deliver a comprehensive range of high-transmission, low-emissivity coatings. Such advancements are set to meet the burgeoning demand for premium architectural, solar, and industrial glass applications across the region.
Moreover, EFG's inclusion in the Golden List of the Abu Dhabi Economic Department as the only ICV-certified glass manufacturer underscores its dedication to local value creation and sustainable practices. The construction of the second float line is expected to be completed by late 2027 to early 2028, promising unmatched production capacity and technological innovation.
From an investment perspective, Dubai Investments' strategic expansion into the glass manufacturing sector reflects its broader vision of economic diversification and sustainable growth. The introduction of advanced manufacturing capabilities not only enhances its product offerings but also strengthens its competitive edge in the regional market. Given these developments, investors might find Dubai Investments an attractive proposition. The company's commitment to innovation and expansion suggests a promising future, making it a potential buy for those looking to capitalize on growth in the GCC's industrial manufacturing sector.
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Summary
Dubai Investments has started constructing a second production line for Emirates Float Glass (EFG) at the Khalifa Economic Zones Abu Dhabi, making it the only dual float line facility in the GCC. This expansion involves an investment of over AED 600 million and aims to enhance production capabilities and product offerings, including the introduction of Ultra Clear Glass. The project, attended by key officials and partners, highlights Dubai Investments' focus on industrial innovation and economic diversification. The second float line is expected to be operational by late 2027 or early 2028, reinforcing EFG's position as a leader in float-glass manufacturing in the region.
