Emaar Industries and Investments’ subsidiary, Advanced Composites announces double appointment

Published May 8th, 2008 - 08:11 GMT

Advanced Composites (AC), one of the leading producers of Fibre Glass Piping (FRP) systems for the infrastructural sector and a subsidiary of Emaar Industries & Investments, has announced the appointment of a new General Manager and a Business Development Manager.

Dr. Raed Al-Zubi has been appointed as General Manager and Mr. Murali Ranganathan joins as Business Development Manager of Advanced Composites. Since its inception in 2000, AC has attained substantial weight within the construction industry for being one of the first producers of FRP systems, which pioneer the usage of fibreglass as opposed to concrete or steel.

AC is also a member of Advanced Industries Group or AIG, a distinguished UAE-based industrial group comprising three base companies acting as leading players within the GCC’s manufacturing industry; Haseeb Rasoul, Specialized Metal Systems (SMS) and AC.

AC’s new appointments aim to drive expansion of the company’s position within the industry with a focus on organisational and business development. AC has already supplied district cooling piping systems to major projects such as Dubai Festival City for Drake & Scull and Jumeirah Lake Towers. Moreover, AC is in the final stages of the Jumeirah Village Circle and Triangle projects for Palm District Cooling (PDC).

AC is also a supplier for the prestigious Great Man-made River (GMR) project for Al Jaber Energy Services in Libya and will supply water across the country. The project, which started in 1984, already includes over 4,000 kilometres of pipeline.

Dr. Raed Al-Zubi comes to AC with over 10 years of experience in the plastics manufacturing industry. Prior to his appointment, he was Chief Operating Officer at a leading plastics extrusion and injection company in Jordan.

Meanwhile, Murali Ranganathan joins the organisation with over 20 years of experience in the FRP systems Business Development field. He spent the last nine years covering the piping industry in Oman and the region.

“Advanced Composites’ new appointments delineate a clear business strategy to grow a successful model within the unique framework of the Middle East’s construction and development industry. I am sure they will be a great addition to our team,” says Mr. Faysal Rasoul, Managing Director, AIG.

“Our solution caters to a continually growing and expanding infrastructure market. The key for our strategy is to provide value added piping solutions that give more longevity and peace of mind to the markets we serve. Also we will continue to focus on process improvement for increased operational efficiency and cost effectiveness,” says Dr. Raed Al-Zu’bi, General Manager, Advanced Composites.

“The aim is to tap into the vast potential on offer from the exceptional growth of the development and construction industry across the Middle East. Our products already provide numerous projects with efficiency in cooling and sewerage and we want to build on this success and subsequently our market share,” adds Murali Ranganathan, Business Development Manager, Advanced Composites.

Established in Al Hamriyah Freezone in 2000, Advanced Composites has already supplied leading contractors in the UAE such as Darwish, NCTC, Black & Veach and SIXCO with products for drainage and sewerage plants.

Emaar Industries & Investments (EII) is a private joint stock company aimed at capitalizing on the growth potential of the Middle East and North Africa and South Asian manufacturing sector as a strategic investor and partner.

 

About Emaar Industries & Investments:
Emaar Industries & Investments (EII), a member of Emaar Properties PJSC, is a private joint stock company established in August 2005, to capitalise on the growth prospects of the Middle East and North Africa (MENA) and South Asian manufacturing sector as a strategic investor and partner. EII strengthens industries by investing in existing businesses and establishing joint ventures with leading establishments. Since inception, the company has succeeded in creating an impressive brand that inspires confidence in investors.

EII is dedicated to investing in sustainable companies and projects that are economically beneficial and commercially sound. EII is focused on maximising its subsidiaries’ long-term value, exposing them to industrial best practices, improving corporate governance, providing a solid and flexible capital base and ensuring sustainable cash flow.

EII focuses on exploiting the potential of the fastest growing sectors in the region, including building materials, FMCG, healthcare, metals, engineering industries including equipments & machineries, electronics & electrical equipment, and chemicals & petrochemical products. For more details, visit our website: www.eii.ae

About Advanced Composites:
Advanced Industries Group or AIG is a distinguished UAE-based industrial group comprising three base companies acting as leading players within the GCC’s manufacturing industry. The decision to form AIG was a strategic one aimed at ensuring the manufacturing of products to a standard unsurpassed by any other company and becoming a model for other companies within the industry.

AIG encompasses the capacity, capability and determination to grow, expand and reach out across the world, with its pioneering products and services. Our strategic partnerships with well-established developers and our unparalleled level of services have made AIG a recognised and respected name in the region.

A joint initiative of Emaar Industries & Investments (EII), Zabeel Investments and Prime Investments, AIG signals a new dawn in manufacturing, where the focus is on pioneering products and systems, and creating niche markets.

AIG’s base companies have unique manufacturing capabilities where each of the three companies distinctively adds value to the manufacturing process involved at AIG. They are involved in different specialties that include chemical, engineering, real estate as well as general services providing clients with an array of products and services.

 


 


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