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Dignitaries at the official opening of the Refco plant

Dignitaries at the official opening of the Refco plant



Refco plant officially opens

01 December 2013

ROYAL Engineering Fabrication Company (Refco) LLC, a fully-owned subsidiary of the Al Ghurair Group that supplies fabricated components to the automotive, non-automotive and architectural sectors, officially opened its new aluminium downstream plant at Jebel Ali, Dubai. The UAE’s largest aluminium producers including Dubal, Emal and Gulf Extrusions will be the chief suppliers for the state-of-the-art facility.

The opening was attended by Saeed Mohammed Al Tayer, CEO and managing director of Dubai Electricity and Water Authority (Dewa), Majid Al Ghurair, CEO of Al Ghurair Group, Modar Al Mekdad, general manager of Gulf Extrusions, Matthew Webb, general manager of Refco, and representatives of Emal and Dubal. The ceremony was followed by a tour of the Refco facilities.

An announcement on the inauguration was made on the same day at the 17th Arab International Aluminium Conference (Arabal), the premier trade event of the Middle East’s aluminium industry. Several delegates from this event also took the time out to visit the plant.

Al Ghurair Group chief executive Al Ghurair said the opening was a reflection of the group’s commitment to building a truly world-class downstream supplier within the UAE to support its long-term industrial strategy. “The new plant, while adopting the latest advanced technologies and the highest standards in sustainability and environmental conservation, will propel our country’s economy by boosting its aluminium products export, particularly for the automotive sector,” he stated.

Webb remarked: “This is a major step towards enhancing our footprint and reputation within the Tier 1, automotive, non-automotive, aerospace and architectural business portfolios. With increased production capacity, we are now better positioned to capitalise on the region’s abundant supply of aluminium to ensure customer advantages on three key aspects, namely quality, cost and delivery. It will improve not just Refco’s competitive advantage, but the UAE’s as well in the global market.”

 

OUTPUT PROJECTIONS

In 2013, Refco will produce over 1.3 million parts for premium vehicle manufactures, while its growth forecast for the next year is 1.9 million parts. Besides, creating value within the downstream aluminium sector, the company will also play a big role in encouraging local industries to generate 100 per cent UAE-made products.

Refco is the first organisation of its kind in the region and has been established in Dubai as a global leader of value-added fabricated extrusion. It provides finished, pressed, machined and formed parts for the global automotive sector, supplying on time through an infrastructure of local distribution points into Eastern Europe, Germany, France, Italy, the UK and Mexico. It is considered as a grade A supplier of automotive parts, while as an extruded alloy fabrication and surface treatment specialist, Refco supplies world-class finished alloy product to its customers.




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