UAE's Rubber World Industry launches AED 90m new company

UAE - Mubasher: Rubber World Industry, a manufacturer and supplier of the heating, ventilation, and air conditioning (HVAC) products in the UAE, has established United Air-Conditioning Company at a total value of AED 90 million ($25 million).

Located in Al Jurf industrial area in Ajman, the new company is an eco-friendly HVAC and mechanical, electrical, and plumbing (MEP) production unit, according to a press release on Sunday.

Spanning over 10,000 square metres, the company aims to support the rising demand for Rubber World Industry’s cooling, heating, and coronavirus related products, with a focus on health and environment-related products.

With two units in UAE and Sri Lanka, the company plans to launch six new production facilities in South Asia and the Middle East in the next three years to meet the needs of its growing customer base.

The Managing Director of Rubber World Industry, Muzammil Shaikhani, said: "Our R&D quickly responded to the new demand for health-related products that people and businesses need to maintain health, safety and contain the spread of coronavirus and its variants and started manufacturing this line, which helped doubled our growth and created the need for a specialized production line."

Mubasher Contribution Time: 21-Mar-2021 10:30 (GMT)
Mubasher Last Update Time: 21-Mar-2021 10:30 (GMT)