The Jebel Ali Cement Factory has embarked on a strategic expansion plan to be carried out over five years, the first phase of which will have a new plant to be built at a cost of Dh120 million reports Gulf News. The company has signed a Dh38-million deal with Enexco Teknologies India Ltd, Larson & Toubro and FLS Denmark to supply plant and machinery for installation in the new state-of-the-art cement plant. After 11 years in the cement industry, the Jebel Ali Cement Factory, the second largest cement producer in Dubai, is setting up its plant in the Jebel Ali Industrial Area which will be ready by January 2006, and it will have a capacity to produce 2300tpd of cement.
"As Dubai’s construction sector is growing, we have undertaken a strategic new project to support the ever increasing demand of cement required to spur the development of the real estate sector," said Sharafuddin Al Sayed Mohammad Hussain Sharaf, the proprietor of the Jebel Ali Cement Factory. He said the company has extended invitations to interested people and institutions from the private sector to join this venture. "The new Jebel Ali Cement Factory will have the most advanced grinding unit with ball mill, multi compartment silo, bulk loading and packing plant including jumbo bag packing facilities," said Sharaf.
The issue of soaring cement prices, which came to a head last May when prices rose by 200 per cent in response to the rising demand and a severe shortfall in supply, was softened by the Ministry of Commerce’s decision to waive the five per cent import duty on a range of building materials.