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FINANCIAL NEWS
Dubai ‘Masharie’ to grow aluminum production
28 Feb 2016
(MENAFN) Masharie, Dubai Investments (DI) proclaimed plans to spread its extruded aluminum production capability by more than 10,000 tons per annum.
Masharie subsidiary Emirates Extrusion (EEF) will increase the production capacity by 6,000 metric tons per annum and will start its powder coating plant.
Moreover, another Masharie subsidiary White Aluminium Extrusion (WAE) is ready to command a plant with a capacity of almost 4,800 metric tons per annum.
In addition, EEF and WAE which export 70 percent of its aluminum profiles are also aiming new markets as part of their global expansion plan.
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