FINANCIAL NEWS

Dubai’s EEP to open new production line

06 Apr 2014

(MENAFN) Emirates Extruded Polystyrene (EEP), a subsidiary of Dubai Investments, said it will expand its production capacity to 2.4 million square meters annually over the coming two years, according to Arab News.

The company reported a strong demand in extruded polystyrene on the back of the growing construction activity in the UAE and the GCC.

EEP enjoys a 30 percent market share in the extruded polystyrene sheets sector across the region.

The company will work on opening a new production line to expand its production capacity within Dubai Investments Park.

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