German group triples Dubai capacity and plans new plant in Saudi Arabia
Germany’s Caparol has opened a paint manufacturing plant in Dubai Industrial City through a joint venture with Dubai-based Emaar Industries.
The AED40m ($11m) plant has the capacity to produce 30,000 tonnes a year (t/y), double the size of Caparol’s existing operation in Al-Quoz, Dubai.
The plant was built to meet demand from building and infrastructure developments in the GCC, Lebanon and East Africa. The company is also planning to start up a plant in Saudi Arabia over the next two years.
A MEED Subscription...
Subscribe or upgrade your current MEED.com package to support your strategic planning with the MENA region’s best source of business information. Proceed to our online shop below to find out more about the features in each package.