Firstpress says revenues rose 49% in 2009

Jafza-based Firstpress Middle East, a manufacturer of quality blow moulded plastic containers and wholly owned subsidiary of the United Kingdom-based Firstpress, reported more than Dh10 million total revenue at the end of 2009, a 49 per cent growth on its 2008 revenues (Dh6.75m).

The company attributed its growth last year to an increase in local and regional demand, its strategic location, innovation and its recent addition of two more machines, which led to 50 per cent increase in its production capacity. Spread on an area of 7,000 square metres, Firstpress Middle East's 3,000 sq mt blow moulding facility in the Jebel Ali Free Zone has a current capacity of 90,000 units per day.

The company is currently producing 1.8 to five litre jerry cans.

 

Keep up with the latest business news from the region with the Emirates Business 24|7 daily newsletter. To subscribe to the newsletter, please click here.

 

Comments

Comments