Emirates Central Cooling Systems Corporation PJSC

Emirates Central Cooling Systems Corporation PJSC

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Empower Expands ELIPS Across Gulf Markets

Summary

Empower's ELIPS expands into Gulf markets, enhancing its presence with innovative thermal solutions and sustainable practices.
Empower Insulated Pipe Systems (ELIPS), a subsidiary of Emirates Central Cooling Systems Corporation PJSC, expands its footprint across the Gulf and Middle East.

Empower Insulated Pipe Systems (ELIPS), a fully owned subsidiary of Emirates Central Cooling Systems Corporation PJSC, has announced a significant expansion into the Gulf and Middle East markets. This move marks a strategic step in strengthening its presence beyond the UAE, reaching countries like Saudi Arabia, Bahrain, Oman, Qatar, Kuwait, and Egypt.

Over the past 16 years, ELIPS has produced and supplied over 880 kilometers of insulated pipe systems, with a remarkable 40% increase in production over the last five years. The company now serves more than 300 clients and has completed over 240 projects across various markets.

H.E. Ahmad bin Shafar, Chairman of ELIPS, emphasized the company’s strategic expansion plans, which have been implemented successfully since its inception. This growth trajectory is driven by the delivery of highly competitive products powered by cutting-edge technologies and advanced solutions in energy and manufacturing.

ELIPS is committed to supporting economic development in the UAE and globally, with a focus on producing insulated pipes with exceptional efficiency and zero production defects. This commitment has solidified the company's reputation as a trusted brand, primarily serving district cooling projects.

The company is poised to become a leading supplier to district cooling companies and those operating in the oil and gas sectors in the region. Its emphasis on manufacturing processes free from carbon-emitting materials underscores its commitment to environmental protection and sustainability.

Located in Dubai’s Jebel Ali Industrial Zone, the ELIPS factory is the largest of its kind in the UAE, spanning nearly one million square feet and equipped with state-of-the-art robotics-driven technology.

Given the company's strategic expansion, innovative solutions, and commitment to sustainability, investors might consider a buy recommendation. ELIPS's growth potential in the Gulf and Middle East markets, coupled with its technological advancements, positions it as a promising investment opportunity.

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