Emirates Float Glass (EFG), a subsidiary of Dubai Investments group company Glass, has embarked on Phase II of its expansion project by launching a second facility with an additional capacity of 600 tonnes per day.
Emirates Float Glass phase one is set to commence operations in the latter half of 2008. The company will manufacture products that will cater to the needs of architectural, automotive and other segments in glass business. “The construction of the second manufacturing plant will take EFG’s total per day production capacity to 1,200 tonnes, and will considerably enhance the company’s operational performance by delivering unparalleled scalability and flexibility,” Khalid Kalban, Chairman of the Board of Directors of EFG and the MD and CEO of Dubai Investments, said in a statement.
The shareholders of EFG recently approved the implementation of a second float line, following a review of the construction and commissioning activities of the first plant, which is set to commence operations in the second half of 2008, and of the company’s strategic plans for the future.
The shareholders, comprising high-profile investors from the GCC, expressed satisfaction with the overall progress of the project and were upbeat about the future initiatives of EFG.
“This expansion will boost EFG’s business readiness and enable the company to emerge as a world-class player in the regional glass solutions,” Kalban added.