Contact us | +971 4 3635663
Sponsored by   Mudabala
Middle East Business Information
 
Loading Loading ...
Tue, 06 Jan 2009 | 12:00 GMT

Rubber World signs $4m supply deal with Lanxess

Emirates Business 24/7
 
Text Size  
 
20 August 2008
Rubber World Industries (RWI), one of the leading manufacturers of closed-cell rubber insulation, said yesterday that it has signed a contract worth $4 million (Dh14.7m) for the supply of Nitrile Rubber (NBR) and speciality chemicals from Germany-based Lanxess AG, a leading company in specialty chemicals.

Dr Andreas Roos, manager for technical services, EMEA, Lanxess AG, signed the contract during a visit to Ajman. RWI is part of the Memon Group of Companies.

With a temperature range of -40ºC to +125ºC, high performance NBR can withstand most of the severe applications and is therefore used in a wide variety of application areas requiring oil, fuel and chemical resistance, such as the industrial sector, which heavily relies on this chemical. In the construction industry, it is used to seal all kinds of plumbing, air-conditioning, refrigeration and heating applications.

"Our leading position in the region is being driven by our commitment to quality, which is the most important factor we consider when manufacturing our products," said Abu Baker Shaikhani, managing director RWI and chairman of the Memon Group. "We have identified the quality of Lanxess' high performance specialty chemicals to be at par with world standards that we have set for our own products, thereby prompting us to invest heavily in their offerings. Our stance towards maintaining the superior quality of our rubber insulation products amidst rising production costs is what fuels our growth and draws in more customers who seek our top of the line products that incorporate the best raw materials in the world."

The contract with Lanxess AG is also in line with the company's Dh30m expansion plan for 2008, which is aimed at increasing its production capacity to more than 3,600 containers per year by 2013. As the largest producer of the widest range of rubber insulation pipes and sheets that meet almost 75 per cent requirements of the local and regional markets, RWI currently has 86 per cent of the rubber market share in the Middle East and is active in the international markets.

"Our success in the Middle East has led us to explore new foreign markets, which are also facing increased demand for top-grade rubber insulation products as a result of rising construction activities. We have strengthened our production capabilities to manufacture a wider range of rubber insulation products," said Shaikhani.

By Staff Writer

© Emirates Business 24/7 2008

 
 
 
Community Comments (0) - Comment on this article
The opinions of the authors expressed herein do not necessarily state or reflect Zawya. Read our Comment Policy.
 
 
 
Loading ...
 
Loading ...
close x
Zawya Comment Policy:
 
  1. Zawya encourages you to add a comment to this discussion. You agree that when you add content to this discussion your comments will not:
    1.1   Contain any material which is libelous or defamatory of any person, is obscene, offensive, hateful or inflammatory or causes damage to the reputation of any person or organisation.
    1.2   Promote sexually explicit material, violence, discrimination based on race, sex, religion, nationality, disability, sexual orientation or age or any illegal activity.
    1.3   Be made in breach of any legal duty owed to a third party, such as a contractual duty or a duty of confidence.
    1.4   Be threatening, abuse or invade another’s privacy, or cause annoyance, inconvenience or needless anxiety.
    1.5   Be used to impersonate any person, to misrepresent your identity or affiliation with any person, or be likely to deceive any person.
    1.6   Give the impression that they represent Zawya.
    1.7   Advocate, promote or assist any unlawful act such as (by way of example only) copyright infringement or computer misuse.
  2. The content posted on www.zawya.com is created by members of the public. The views expressed are theirs and unless specifically stated are not those of Zawya. Zawya reserves the right to review all comments prior to posting and edit or delete any contribution, but Zawya is not responsible for and can not be held liable for any content posted by members of the public on www.zawya.com.
  3. Zawya is not responsible for the availability or content of any third party sites that are accessible through www.zawya.com. Any links to third party websites from www.zawya.com do not amount to any endorsement of that site by Zawya and any use of that site by you is at your own risk.
  4. By submitting your comment, you hereby give Zawya the right, but not the obligation, to post, air, edit, exhibit, telecast, webcast, re-use, publish, reproduce, use, license, print, distribute or otherwise use your comments worldwide, in perpetuity.
 
 
 
Community Buzz

Stories

 

Companies

Most viewed companies by Community in the last 24 hrs
Company Name Country Industry
Qatari Diar Real Estate Investment Company Qatar Landlords and Developers
Zuhair Fayez Partnership Saudi Arabia Construction and Design
Mubadala Development Company UAE Investment Firms and Funds
ANC Holdings UAE Multi-line
Al Rajhi Investment Group Saudi Arabia Investment Firms and Funds
Nakheel UAE Landlords and Developers
International Petroleum Investment Company UAE Investment Firms and Funds
Saudi Telecom Saudi Arabia Telecommunications Services
Emaar Properties UAE Landlords and Developers
Abu Dhabi Investment Authority UAE Investment Firms and Funds
 

Projects

 

Blogs

 
 
 
 

 
 
 
 
 
Quote data provided by © TickerChart
Site is optimised for viewing at 1024 x 768 with Internet Explorer v6 and Firefox v1.5 and above.
Copyright © 2009 ABQ Zawya Ltd. All rights reserved. Please read our Membership Agreement