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JRD International announces ambitious Dhs1.5bn investment in 70 manufacturing lines in seven countries in four years

United Arab Emirates: Monday, November 05 - 2012 @ 11:44

“Our expansion plan is part of our vision to offer the best innovation of our times in the building construction industry and interior decoration sector,” Anupam Lunavat, Managing Director of JRD International, said during the inauguration of JRD International’s stand at the Big 5 Construction Show, where it is showcasing these products.

With the ambitious expansion plan, the company aims to reach global production of half a million metric tonnes per annum by 2016.

“These game-changing products are the results of our five-year efforts to bring the best innovation to the region. As we commercially launch these products, we also want to spread them globally through this patented technology,” Lunavat says.

“RMD Board is the realization of our dream for the future and we want to transform it into a global company. Within the next four years, we will set up similar plants in emerging economies such as the BRIC nations and Turkey and North America,” he said.

The move comes a few weeks after the Jebel Ali-based company commissioned a Dhs300m ($80m) RMD Board division manufacturing composite polypropylene boards that are changing, among other things, construction systems and the way people dress-up interiors – both office and residences.

The company’s existing production facility, built at a 40,000 square meters plot of land within the Jebel Ali Free Zone, has created 700 job opportunities and is going to support thousands of indirect employment through the strengthening of its supply chain. This plant will service the GCC region as well as Africa and CIS.

By next year, the plant will reach 110,000 metric tonnes per annum processing capacity of composite polypropylene board. That will make it the largest single-site manufacturing plant of rigid extrusion of composite polypropylene board in the world.

The many offerings by RMD Board are all water proof, termite resistant, fire retardant, highly durable, light-weight and 100% recyclable. The use of composite polypropylene boards in these engineered products replaces the use of wood thus reducing carbon foot print.

These properties make them suitable for both interior and exterior applications such as shuttering, wall paneling, false ceiling and wall covering and site-fencing, flooring, and outdoor advertising, billboards, etc.

RMD Board’s wall panels and false ceilings – which currently come in 600 different designs and textures – will soon be available in over a thousand designs. RMD Boards will eliminate a lot of complicated decorative boards and conventional materials that are being used presently. Easy to use, residents could install these wall panels in their homes and offices with adhesives and in a very short possible time.

RMD wall panels could also replace the imported wall panels available in the market. According to the GRMC Advisory Services, the GCC wall-paneling market is poised to reach $5.28bn in 2015. RMD wall panels could eliminate the entire range of foreign imported goods in the next few years, if local interiors fit-out companies utilize the locally manufactured RMD wall panels and false ceilings.

The plant uses energy efficient patented technology that creates honeycomb-like structures that gives these fire-rated boards excellent strength to weight ratio.

The strength of these boards is so great, that they could be used in civil engineering and construction industry especially new-age RMD Shuttering Panels which offer value-for-money as they are lightweight, reusable with an almost-zero attrition rate. Their ease of installation and removal is un-rivalled vis-à-vis traditional materials.

The shuttering services market in the GCC was estimated at $8.68bn in 2010, which is expected to grow to $9.32bn in 2015, according to GRMC Advisory Services, a global research organization.

“Our RMD Board has the perfect solution for the shuttering market – that will save the contractors a lot of money as RMD Shuttering has unparalleled shelf life and can be re-used over 200 times,” Mr. Lunavat added.

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Monday, November 5- 2012 @ 11:44 UAE local time (GMT+4) Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of Mediaquest FZ LLC.

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