23/08/2016 05:38 AST

Dubai-based Danube Group, a leading materials supplier in the UAE, celebrated the opening of the first aluminum composite panel (ACP) factory in the Middle East, in conjugation with Alucopanel USA.

The facility, part of Alucopanel Middle East and located in Dubai’s Technopark, is solely dedicated to the production of non-combustible ACPs and related materials, said a statement from the company.

The factory, inaugurated earlier today (August 22), has begun the production of A2 composite panels. The facility has an expected capacity of 4 million sq m annually, making it the largest production facility in the region.

Rizwan Sajan, founder and chairman, Danube Group, said: “The opening is a strong testimonial that our company is leading transformation in the building material’s industry.”

“We have been able to successfully set up this facility with the support the UAE government and I have extremely happy to be the first and only company to make available the non-combustible ACP,” he said.

“Being an active participant in the real estate industry in the UAE, the introduction of the new law by the UAE Civil Defense, to use A2 materials is a new need to ensure customer safety and eliminate loss of life due to fire,” he added.

Spanning an area of over 50,000 sq ft, the new manufacturing facility involved an investment of Dh100 million ($27.22 million). The factory will make available over 15 metallic finishes as well as 15 solid/plane finishes in more than 10,000 colours that can be customised to suit the requirements of a wide array of developers across the region.

All products under the Alucopanel Middle East portfolio adhere to the highest standards and have received international certifications including the Exova Warrington fire-UK, Thomas Bell-Wright International Consultants- UAE and BM Trada UK, it said.

Zohaib Rahman, division head, Alucopanel Middle East, said: “Being the first organisation in the Middle East to operate a full- fledged non-combustible ACP is a huge achievement for us and I am proud to be part of the team.”

“Panels produced by our company do not allow the diffusion of flames and restricts smoke, which discourages the spread of fire in an upward motion,” he said.

“The application of the non-combustible from our company in development projects in and around the region will definitely elevate fire safety in the region, representing a new era in building materials,” he added.

Plans to open another facility in the UAE are currently in the pipeline and will be announced early next year. Having been present in the UAE for over 20 years, Danube Group boasts a diverse portfolio of Building materials and related supplies. The UAE-based Group has offices in Saudi Arabia, Oman, Bahrain, Qatar and India, among others, it stated.


Trade Arabia

Ticker Price Volume
SABIC 114.77 5,915,941
SAMBA 26.98 1,138,683
STC 83.41 257,644
DARALARKAN 13.47 74,648,349
(In US Dollar) Change Change(%)
Gold 1,332.2 -8.6 -0.64
Silver 16.4 -0.21 -1.23
Platinum 923 -9 -0.97
Palladium 929 -3 -0.32
Gold gains as dollar dips, US-China trade tensions escalate

05/04/2018

Gold rose nearly 1 per cent on Wednesday as the dollar dipped and share markets faltered after China retaliated in kind to a US move to slap tariffs on $50 billion (Dh183.5 billion) worth of its impo

Gulf News

Gold forges best run since 2011 as stars align for bullion bulls

01/04/2018

Gold bulls are finding 2018 offers plenty of reasons to be cheerful. Bullion’s wrapping up a third quarterly gain, a feat not seen since 2011, and exchange-traded fund holdings are near the highest

Gulf News

Gold steadies after hitting two-week high

23/03/2018

Gold steadied on Thursday below a two-week high hit in the previous session as the dollar slid after the US Federal Reserve showed a less hawkish stance on rates than expected.

The Fed ra

The Gulf Today

Aluminium hits 3-month low as stocks ramp up, tariffs loom

16/03/2018

Aluminium slid to a three-month low on Thursday, hurt by a rise in stocks, the prospect of looming US import tariffs, and expectations that supply from China will rise as its winter pollution control

Gulf News

Gold edges lower, seen vulnerable ahead of U.S. inflation data

14/03/2018

Gold slipped on Tuesday, pressured by a firmer dollar and concern that US inflation data later in the day will be robust, strengthening the case for more US interest rate hikes.

Analysts po

Gulf News