GulfBase Live Support
Leave a message and our representative will contact you soon
01/07/2015 03:32 AST
Oman-based National Aluminium Products Company (Napco) said its expansion plan to double capacity is on track with equipment beginning to arrive in the sultanate ahead of schedule.
The premier extruder of aluminium profiles in the GCC is planning to launch new products and services, in a bid to broaden its regional and international market reach.
Napco has ordered two fully automated extrusion presses from Spain's Tecalex and a vertical powder coating line from Trasmetal, Italy, to double its current capacity of 18,000 tonnes per year.
The company is now receiving the commissioned machinery components which will continue to arrive until October, said a statement from the company.
The teams from Tecalex and Trasmetal will be present for assembling the machines, while local suppliers will provide services for fabrication, erection and other mechanical works to build the fully functional plant, it stated.
While the first press will be operational by September 2015, the second will be on stream by December, with the powder coating line to be ready by October, Napco said in its statement.
On the expansion plan, CEO Robert Holtkamp said: "It is progressing as planned, with Phase One work to be completed soon even as the new extrusion press and powder coating line become fully operational by October 2015."
"Phase Two is scheduled to be completed by early next year," he added.
While doubling capacity, its extrusion presses will enable production of different profiles to better serve new markets, Napco said.
Furthermore, the new vertical powder coating line will extend capacity from 7,000 tonnes to 27,000 tonnes, it added.
"Our current strategy is driven by our commitment to serve our customers better and complements our vision to provide high-quality extrusions to Oman and the rest of the GCC and beyond," stated Holtkamp. "Over the medium term, we aim to become one of the top five extruders in the GCC," he added.
Napco has been part of several landmark projects in Oman and the rest of the region. Its current portfolio in Dubai, UAE, includes Citywalk, an upcoming retail destination on the junction of Al Wasl and Safa Roads; Onyx Tower, a three-tower commercial project close to Emaar Business Park on Sheikh Zayed Road; Dubai Design District (d3), an ambitious and innovative purpose-built destination for creatives.
It is also working on Abu Dhabi Plaza, a mixed-use development in Astana, Kazakhstan.
Napco's long list of developments include the Supreme Court in Muscat and Salalah Airport (Oman); and the Dubai International Airport expansion, the Burj Khalifa, and the Al Rayyan Complex (UAE).
Trade Arabia
05/04/2016
National Aluminium Products Company (Napco), a leading extruder of aluminium profiles in the GCC, has registered revenues of RO24.8 million ($64.1 million) last year, as compared to RO19.4 million, r
Trade Arabia
09/03/2016
National Aluminium Products Company is expanding its production capacity by installing two additional extrusions presses in a phased manner and a vertical powder coating plant. While the expansion in
Oman Daily Observer
09/06/2015
National Aluminium Products Company SAOG (NAPCO), one of the leading extruders of aluminium profiles in the GCC, has announced a strong performance for 2014, posting net profits of RO 701,000 with re
Oman Daily Observer
| Ticker | Price | Volume |
|---|
| Ticker | Price | Change |
|---|---|---|
| ALPHADHABI | 9.39 | 0.03 (0.32 |
| IQCD | 12.06 | -0.03 (-0.25 |
| MODON | 3.40 | 0.03 (0.89 |
| ADNOCLS | 5.75 | 0.05 (0.87 |
| ADPORTS | 4.49 | -0.01 (-0.23 |
06/02/2026
Over three days at the Kuwait Oil & Gas Show and Conference (KOGS 2026), National Bank of Kuwait took part in dynamic networking activities, expert-led discussions, and targeted knowledge-sharing eng
Kuwait Times
06/02/2026
AD Ports Group, a leading global enabler of integrated trade, industry and logistics solutions, on Thursday signed a 30-year concession agreement with Aqaba Development Corporation (ADC) to manage an
Trade Arabia
06/02/2026
NMDC Group, a global leader in engineering, procurement, construction and marine dredging, today announced a strong set of financial results for 2025, reporting revenues of AED28.8 billion ($7.84 bil
Trade Arabia
05/02/2026
Invest Qatar, the Investment Promotion Agency of Qatar, and Doha Bank have announced a strategic partnership aimed at further enhancing the ease of doing business for foreign investors entering the Q
Gulf Times
05/02/2026
In celebration of Kuwait's national holidays, in which the country commemorates its beautiful history and achievements, National Bank of Kuwait announced a limited-edition issuance of KWD Visa Prepai
Kuwait Times