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RMD Boards to strengthen Dhs43bn shuttering market in the Gulf

United Arab Emirates: Tuesday, November 06 - 2012 @ 11:34

The company, which in September 2011 commissioned a Dhs300m composite polypropylene board manufacturing plant – RMD Board – in Jebel Ali, has unveiled the products at the Big-5 Show.

“The launch of the new shuttering products comes as part of our commitment to offer the best innovations in the market so that the region’s growing economies benefit from the best technological developments in the world before others,” Anupam Lunavat, Managing Director of JRD International, said.

“These game-changing and environmentally friendly products will change the way people carry out shuttering activities at a construction site. Our products are durable, more than 200 times reusable and offer the best value for money. With our cost-effective products, the cost of construction will decline significantly and help the industry to maximize gains from our products,” Anupam added.

Currently, the UAE market for shuttering materials is estimated at $3.5bn (Dhs12.8bn).

“Polypropylene Boards in the shuttering services market attracted significant interest amongst the prospective customers due to its appealing reusability,” GRMC, a market research firm, said in its latest report.

RMD Boards’ range of new products will change the way contractors carry out shuttering activities at the construction sites. The market currently uses plywood for shuttering purposes, which could be re-used between 4 to 8 times, and other very expensive composite panels.

The company has announced a Dhs1.5bn ($400m) investment in seven manufacturing plants of polypropylene boards involving 70 production lines in seven countries within the next four years.

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 one of the best innovations to the region. As we commercially launch these products, we also want to spread them globally,” Lunavat says.

“RMD Board is the realization of our dream for the future and we want to transform it into an organization with a global footprint. 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 company’s existing production facility will have the capacity to process 110,000 metric tonnes of composite polypropylene boards per annum. The plant, 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.

Water and alkaline cement mix have no detrimental effects on RMD Shuttering panels. They are designed to counter sagging from multiple usages and can be cut in any shape or size easily. RMD Shuttering Panels provide substantial cost savings due to lower transportation and labour costs. Thus overall costs associated with each usage vis-a-vis other materials are also lower. Moreover, the additional advantage of a mirror finish is provided which eliminates the need for further painting and plastering.

“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 as many as 200 times,” Mr. Lunavat says.

“We are very upbeat about RMD Board’s prospects in the market as it is a ‘Made in UAE’ product,” Mr. Lunavat said. “We have worked tirelessly for the last five years to realize this dream to give the market what it deserves – a ground breaking product with a rare blend of aesthetics and functionality; one that will save labor and transport costs and time all the while offering a wide variety of designs to fit into different moods and environment.”

Site Fencing

Majority of the GCC governments have called upon building contractors to observe the state building regulations set for the use of temporary fencing around construction sites. The GCC site fencing market is estimated at $25.8m in 2010 and is expected to reach $27.7m in 2015, according to the research firm GRMC.

“Saudi Arabia and the UAE together comprise 55 per cent of the total GCC site fencing market,” GRMC says.

With the RMD Boards, site fencing is expected to become easy to use and much more cost-effective than the conventional site fencing products. The users will enjoy savings as these products are very resilient and all weather proof and thus can be re-used various times. Furthermore, these site-fencings offer branding opportunities for its users as they can be printed on with ease.

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Tuesday, November 6- 2012 @ 11:34 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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