Quotes: MENA   Enter Symbol: NewsLetter: Search: advanced

Gulf Extrusions reveals surge in revenues and production attributed to massive expansion drive  Join our daily free Newsletter

MENAFN Press - 24/03/2014
No. of Ratings : 0
Add to Mixx!



(MENAFN Press) Gulf Extrusions (Gulfex), a leading global manufacturer of extruded aluminium products, has announced that the year has ended with a surge in market share. The company registered an increase in revenues as well as production volume, which is highly attributed to its expansion initiatives-expanding into new sectors and winning new projects. The Middle East and the USA are the two most significant markets for Gulfex. Both markets have reported the largest shares of aluminium sales, while the GCC and European regions have also shown a significant increase in demand



It is part of Gulfex's business strategy to determine new growth paths and follow them with an aim to diversify its line of production by targeting different industry sectors. As a result, the company has been able to successfully penetrate different sectors such as marine and aviation and offer a huge variety of aluminium products that comply with market demands. This success has also enabled Gulfex to enter fresh markets and target new industry divisions



Modar Al Mekdad, General Manager, Gulf Extrusions, said: "The excellent performance we received in 2013 has affirmed that we are moving in the right direction--having achieved what we had set out for the year. We now have a unified factory that adheres to global standards through which we are able to respond to market needs as well as produce a diversified range of aluminium products. All these factors have resulted in a strong portfolio for the company, enabling us to gain a competitive advantage as well as a core competency to venture into unexplored markets and address new industries."




Gulf Extrusions, a metal industries company and a member of the Al Ghurair Group, produces aluminium-extruded profiles ranging from architectural, industrial and automotive sections to components for windows, furniture, marine applications, transportation, and customized products. It also extrudes aluminium for several European customers and companies. Gulf Extrusions was the first extrusion company in the GCC to receive the Emirates Quality Mark certification from the Emirates Authority for Standardization and Metrology as well as a Certificate of Appreciation from the Dubai Quality Group.



About Gulf Extrusions
Gulf Extrusions

 


MENAFN Press




  MENA News Headlines
 Sep 27 2016 - UAE- Court reopens case against Neymar for Barcelona transferKhaleej Times
(MENAFN - Khaleej Times) A case into alleged irregularities regarding the transfer of Brazil striker Neymar to Spanish club Barcelona has been reopened, a Madrid court said Friday. The ruling came ...

 Sep 27 2016 - UAE- Guardiola thinks he's 'God', snipes Toure's agentKhaleej Times
(MENAFN - Khaleej Times) Four-time African Player of the Year Yaya Toure's chances of ever playing for Manchester City again diminished further Friday after his fiery agent launched another ...

 Sep 27 2016 - UAE- United win without Rooney as City maintain perfect startKhaleej Times
(MENAFN - Khaleej Times) Manchester United thrashed defending Premier League champions Leicester City 4-1 as they vindicated manager Jose Mourinho's decision to drop Wayne Rooney while Manchester ...

 Sep 27 2016 - UAE- Guardiola wants Aguero to get even better for CityKhaleej Times
(MENAFN - Khaleej Times) Manchester City manager Pep Guardiola has vowed to make Sergio Aguero an even better player. The Argentine striker scored two goals on his return to City colours as the ...

 Sep 27 2016 - UAE- Tuchel still wary of Ronaldo despite slow start to seasonKhaleej Times
(MENAFN - Khaleej Times) Borussia Dortmund coach Thomas Tuchel is not convinced Cristiano Ronaldo is out of form saying he expected the Real Madrid talisman to cause his side plenty of problems in ...

 Sep 27 2016 - UAE- Sampaoli counts on Nasri talent for European runKhaleej Times
(MENAFN - Khaleej Times) Sevilla coach Jorge Sampaoli believes Manchester City loanee Samir Nasri has the talent to help his side to the latter stages of the Champions League ahead of Tuesday's ...

 Sep 27 2016 - UAE- Wide-eyed Leicester face Champions League home bowKhaleej Times
(MENAFN - Khaleej Times) Four months on from their astonishing 5,000-1 Premier League triumph, the stardust returns to Leicester City's King Power Stadium in Tuesday's first ever Champions League ...

 Sep 27 2016 - UAE- CSKA play down fan fears at Tottenham clashKhaleej Times
(MENAFN - Khaleej Times) CSKA Moscow coach Leonid Slutsky insisted there would be no repeat of the Euro 2016 fan violence when the Russian champions host Tottenham Hotspur in the Champions League. ...

 Sep 27 2016 - UAE- Mubadala to acquire 20% take in InvestcorpKhaleej Times
(MENAFN - Khaleej Times) Mubadala, Abu Dhabi state investment fund, will acquire a 20 per cent stake in Investcorp, a Bahrain-based alternative investment firm. Under the terms of the two-step ...

 Sep 27 2016 - UAE- Oil to stabilise in 2017: EIAKhaleej Times
(MENAFN - Khaleej Times) abu dhabi - Brent crude oil prices are expected to average $42 a barrel in 2016 and will rise up to $52 a barrel in 2017, a latest report shows. The short-term energy ...

more...


 





Google

 
 

Middle East North Africa - Financial Network

MENAFN News Market Data Countries Tools Section  
 

Middle East North Africa - Financial Network
Arabic MENAFN

Main News
News By Industry
News By Country

Islamic Finance News
Private Equity News

How-To Guides
Technology Section

Travel Section

Search News

Market Indices
Quotes & Charts

Global Indices
Arab Indices

Commodoties

Oil & Energy

Currencies Cross Rates
Currencies Updates
Currency Converter

USA Stocks
Arab Stocks
 

Algeria 
Bahrain 
Egypt 
Iraq
Jordan 
Kuwait 
Lebanon
Morocco 
Oman 
Palestine
Qatar 
Saudi Arabia 
Syria
Tunisia 
UAE 
Yemen

Weather
Economic Calendar
Financial Glossary


Financial Calculators

RSS Feeds [XML]

Corporate Monitor

Events

Real Estate
Submit Your Property

Arab Research
Buy a Research

Press Releases
Submit your PR

Join Newsletters


 
© 2014 menafn.com All Rights Reserved.  Terms of Service | Privacy Policy | Contact Us | Advertise | About MENAFN | Career Opportunities | Feedback | Help