Alubond A2 - New fire resistant panels to cut fire incidentsDate: 15th March 2016 Due to the growing safety concerns regarding fire incidents, especially building facade blazes across the country, aluminium cladding and supplies company Alubond USA has launched its highest grade of A2 fire resistant aluminum composite panels. The move is in line with the new code of practice being drafted by the UAE Civil Defence. Experts have pointed to the continued use of flammable aluminum composite facade panels as the reason for the fires spreading rapidly across the buildings. When it comes to exterior cladding, aluminum composite wall systems is an inevitable fixture and a symbol of the bustling landscape of the UAE. Aluminum composite panels consist of two aluminum skin coils sandwiching a central core of mineral elements. It is highly essential to ensure that the entire fire wall systems are tested, in addition to installing fire rated panels. Alubond USA is the first aluminum composite panel in the UAE market, to have tested successfully for the complete aluminum composite wall systems, according to the American test standards for NFPA285, recognised by the UAE civil defence. Citing recent research, Shaji Ul Mulk, chairman of Alubond USA, noted the primary reasons for the spread of fires in building across the UAE. The foam backer rods, he explained, are the first to ignite, followed by the polyethylene sealant and bitumen paint. The cavity caused due to sealed facades and the lack of cavity barriers creates a tunneling effect, which causes the fire to spread. Shaji Ul Mulk warned that there are over 1,000 buildings in the UAE alone with 100 per cent low-density polythene (LDPE) core aluminium composite panels cladded sealed silicon systems that are at risk of spreading fire. Speaking on the solution for the future, he revealed that there had been huge technical advancements with the advent of mineral core panels. For existing buildings that are at risk of spreading fires, Ul Mulk proposed a solution where the bitumen paint from the surface of the building would be scraped off and recoated with a water-based coating; cavity barriers should be erected every three floors; LDPE core cladding be removed; and silicon-free panels installed. Khaleej Times | Gulftoday | Construction Week
Alubond REAL Anodized Composite PanelsDate: 2th to 5th April 2013 Alubond Europe and COIL have closed an exclusive agreement for the production of continuously anodized aluminium composite panels, at MosBuild 2013. Alubond Europe is the only one in the world producing that kind of extremely durable aluminium composite panels. Coil S.A./N.V. is the world’s largest continuous anodiser, providing continuous anodising on aluminium for a wide range of architectural, industrial and decorative applications. Alubond REAL Anodized Composite Panels have, except extremely strong beauty of continuously anodized aluminum, many affirmative features as: excellent resistance to filiform corrosion, anti-graffiti and easy to clean, 30 years proven in maintaining texture and appearance, no risk of chalking, impermeable anodized layer, extremely resistant to erosion, 100% recyclable etc. Alubond REAL Anodized Composite Panels can be used for façade, exterior and interior, but also are ideal for highway sound barriers. Alubond Europe continues to innovate and constantly improving its products in order to be at the cutting edge of the building materials technology development, to follow trends in the building design and to produce sustainable products above all.
Award for the Best Newcomer of MosBuild 2013Date: 2th to 5th April 2013 MosBuild is one of the top 5 largest building exhibitions in the World. Every year, about 2500 Russian and international companies exhibit at the event and around 100,000 people visit it. Owing to its size, international status, and impact on the building and interiors industry, MosBuild enjoys the support of government agencies, public organizations and media outlets. Alubond Europe is representative, manufacturer and distributor of World’s Largest ACP Brand - Alubond U.S.A for the Russian and European market, established in February 2009. Alubond Europe entered the Russian market and had very successful first independent exhibition on MosBuild 2013. As a result we are very proud to announce that Alubond Europe won prestigious Award for the Best Newcomer of MosBuild 2013. Alubond Europe displayed Alubond U.S.A top quality products: Aluminum Composite Panels with the variety of finishes, Stainless Steel Composite Panels, Alubond U.S.A Lite and a new product – Alubond REAL Anodized Composite Panels. Alubond Europe continues to establish the highest standards in the World in the field of building materials and offers to its customers a huge range of possibilities for visual identity of building, interior, signage and infrastructure elements.
Alubond Europe - MosBuild Fenestration 2013Date: 2th to 5th April 2013 MosBuild – Launched in 1995, today MosBuild is the largest annual construction exhibition in Europe with 'UFI Approved Event' status and one of the five largest in the world. in Pavilion 75 at V.V.C., Moscow, Russia
MULK Holdings invests in African Market J.V with SGT group for African marketDate: 20th March 2013 Mulk Holdings forayed into the African Market, by announcing a joint venture agreement with Suzan General Trading JLT to establish a new company Alubond Africa LLC. Suzan General Trading JLT Group headed by chairman Mr. Kamlesh Pattni and Group Managing Director Mr. Arif Hafiz is a multinational Diversified Group with strong business interests in the African countries and established presence in Kenya, Sudan, Congo DRC, Zimbabwe and Kyrgystan. The Group is diversified into Duty Free Industry, Hospitality, Mining, Automotive Industry and Trading construction, earthmoving and port handling equipment, medical Equipment, automotive parts, Gold, Diamonds and Colored Gemstones. The joint venture company will be set up in Kenya as part of a two phased plan to initially Market and Distribute in phase one to be started immediately and set up manufacturing factories by mid to end 2013, comprising the full range of Alubond U.S.A. metal composite panels, ABTI sub structure systems, a fully equipped Aluminum coil coating line and a regional base for the Solar Energy solutions. The potential investments for the complete manufacturing set up of all the products are estimated to be over 25 million USD. The J.V Partners are also expected to visit Nigeria in October to explore opportunities in Nigeria. The MOU for the joint venture with a share holding of 55 % for Mulk Holdings and 45% for Suzan General Trading JLT Group was signed by Shaji Ul Mulk, chairman of Mulk Holdings, and Mr. Arif Hafiz, Group Managing Director of SGT group, at Mulk Holdings head office in Hamriyah Free Zone, Sharjah, in the presence of senior Partners and Managers of both the groups. Mulk Holdings is a multinational conglomerate with investments in Construction, Renewable Energy and Health care sector. Alubond U.S.A., the flagship brand of Mulk Holdings, has emerged as the world’s largest metal composite panel brand, with a production capacity of 28 million square meters worldwide operating in United Arab Emirates, Europe, United States of America, Turkey, India, Saudi Arabia and Russia with a Distributor network in more than 90 countries . Mulk Renewable, the renewable energy arm of Mulk Holdings has successfully developed in house patented solutions in concentrated solar power and photovoltaic technology, which have proved to be technical and commercially competitive in various parts of the world. It is currently, in the final stages of completing the first concentrated solar power plant in India, with a total capacity of 25 MW. Mr. Arif Hafiz quoted “The consistent African Economic growth in construction and energy coupled with abundant natural minerals and metals such as Gold, Diamond, precious gemstones and Platinum is a sign that for the next two to three decades business will be booming in Africa. Hence our decision to enter into this JV is at the right time and we are confident that Alubond Africa will prosper and grow many folds in time to come“ Mr. Hafiz also added that The Excellence Awards Foundation (EAF) registered in Ghana, has selected our Chairman Mr Pattni as the 2012 winner of the “Lifetime Africa Achievement Prize 2012” where he is honoured for outstanding “humanitarianism and equity in Africa”. Mr. Pattni is also Chairman of KENDA (Kenya National Democratic Party), and Chairman of the House of Elders of all tribes in Kenya. Shaji Ul Mulk added “I have known Mr. Arif Hafiz for a long time and his drive in establishing and managing innovative businesses in Africa is very impressive. We are very excited by the J.V Agreement signed with SGT Group and believe The Group’s strong Local presence, established operational centres in various African Countries and powerful contacts will be of strategic importance in achieving our objective of Alubond and Mulk RE Solar taking a large share of the boyuant African Market. After the successful establishment of production and Marketing bases in Turkey, Saudi Arabia, Serbia and India this year, Alubond Africa is consistent with our policy of setting up bases closer to the markets“
Mulk’s Dubai ActivityGulf Construction Feature Date: 20th March 2013 Mulk Holdings, a multinational diversified conglomerate, continues to expand and add prestigious projects to its Dubai portfolio including some of the tallest and the largest towers and shopping malls where its world-class brands of building products have been used. One such brand is the renowned Alubond U.S.A. ® for exterior facades, which has seen tremendous growth since Mulk Holdings acquired exclusive manufacturing and distribution rights to the aluminium composite panels (ACPs) in 2004. “Alubond U.S.A. ® is a key product used in the construction industry and a lot of the prestigious projects in Dubai have benefited from the product,” says a company spokesman. Brand Alubond U.S.A. ® of American Building Technologies Incorporation (ABTI) located in Rockford Illinois, US, is fully owned by Mulk Holdings. It is marketed in the UAE by Eurocon Building Industries, a subsidiary of Mulk Holdings. Alubond U.S.A. ® has, over the years, emerged as the world’s largest metal composite brand with production bases in Europe, Middle East, and India. The new production bases in Sri Lanka and Saudi Arabia have increased the company’s annual installed production capacity of metal composite panels to more than 15 million sq m and coil coating capacity to over 20,000 tonnes. These panels are currently being used in several projects in Dubai, boosting the already impressive list of projects that have benefited from the advantages of Alubond U.S.A. ®. Among such projects is The Address The Boulevard, where around 50,000 sq m of Alubond fire-rated panels are being installed. Located in the vicinity of Dubai Mall, the five-star hotel complex comprising a 200-room hotel and 542 serviced residences will be the sixth member of The Address Hotels and Resorts’ portfolio. The hotel tower, which soar 63 storeys (340 m) high, will on completion to be the second tallest building in Downtown Dubai, next to Burj Khalifa. The Address The BLVD will provide direct access to The Dubai Mall, Emaar Square and Burj Khalifa Metro Station through a new air-conditioned bridge link. Other ongoing projects where the company’s ACPs are being installed include Rashid Hospital, Dream Tower and Al Bateen Tower. For the Rashid Hospital project, located on Oud Metha Road adjacent to Dubai Creek, some 8,000 sq m of Alubond fire-rated B1 panels are being supplied. The 454-bed general medical/surgical hospital, which was built in 1973, is the city’s second oldest hospital and is currently being renovated. For the Dh1.7-billion ($462.9 million) Dream tower project, Alubond U.S.A. ® has supplied about 24,000 sq m of fire-rated panels. The 48-storey residential tower is being built over a 6,278 sq m of plot in the Dubai Marina district. Also in the Dubai Marina area, work is in progress on the Al Bateen Residence and Hotel Tower, where some 13,000 sq m of Alubond panels are being installed. The 56-floor tower is expected to be completed this year. Mulk Holdings counts among its successfully completed projects a large number of Dubai landmarks, such as the JW Marriott Marquis Dubai Hotel on Sheikh Zayed Road, the tallest hotel in the emirate. A total of 6,000 sq m of fire-rated panels have been installed at the stunning 72-storey, 355-m twin-tower skyscraper complex. Other key projects include the Burj Residence Towers in the Burj Khalifa downtown area (40,000 sq m of fire-rated ACPs); the extension to Dubai Mall, the world’s largest shopping mall (1,400 sq m of cladding band); The Dome, a 41-floor tower in the Jumeirah Lake Towers (25,000 sq m of Alubond panels); Dubai Silicon Oasis (15,000 sq m of ACPs); and Oasis Mall, where metallic silver Alubond fire-rated panels were used. Mulk Holdings, which owns and manages a group of 14 companies and enjoys an annual turnover of Dh2.8 billion ($762 million), has diversified business interests spanning primarily three sectors — construction materials, renewable energy and healthcare. This includes manufacture of ACPs and solar panels, as well as development of solar power plants and a wide network of high-end diagnostic centres with telemedicine capability. The company’s business interests in terms of exterior facades are covered by the brands of Alubond USA, Coil Cote Aluminium coil coatings and Mulk RE solar technology systems, healthcare and hospitality. Mulk Holdings’ first healthcare investment venture is the technologically-driven Global Hawk Diagnostic (GHID) centres with telemedicine capability. This unique concept offers the possibility of connecting multiple centres to a central hub of specialist doctors and allows patients in any part of the world to get quality healthcare from these doctors. GHID opened its first centre in Dubai in January 2012 with plans to open 10 such centres in the GCC and India in the next three years. The company is also committed to CSR (corporate social responsibility) with its chairman Shaji Ul Mulk taking a personal interest in this regard and associate companies like Eurocon Building Industries being regular donors to several charity programmes.
UAE-based conglomerate Mulk Holdings commissions AED 36.7 million aluminum industry in IndiaThe move is part of a Dh300 million investment by UAE conglomerate in India’s construction and renewable energy sectors Press release Date: Dubai, 20th March 2013 DUBAI: UAE-based diversified conglomerate Mulk Holdings has recently commissioned a Dh36.7 million (US$10 million) manufacturing plant for Alubond U.S.A. ® Composite Panels in Mumbai, India. Spread over a 10-acre land, the plant hosts a state-of-the-art Alubond U.S.A. ® Composite Panels manufacturing facility that will primarily serve the growing Indian construction market. The move is part of a Dh300 million expansion plan by the UAE-based conglomerate that owns the US-based Alubond U.S.A. ® brand. Once completed, these projects will create more than 2,000 jobs in India. The investment of Dh36.7 million (US$10 million) marks the development of the first phase of the plant. The manufacturing plant has a production capacity of 1 million square meters of Alubond U.S.A. ® Composite Panels. The plant, which hired 35 professionals, will also create significant job numbers in the fast growing Indian construction landscape and support a greater number of indirect employment opportunities for the local communities in the long run. The company has already established a strong brand network by seting up marketing and distribution offices in all the Indian major cities to strengthen sales of the Alubond U.S.A. ® Composite Panels. “We are pleased to commission Mulk Holdings’ latest venture in India, which reflects our strong commitment to the growing Indian market where Alubond U.S.A. ® composite panels would fulfill a major gap and meet growing demands for such products.” Nawab Shaji Ul Mulk, Chairman of Mulk Holdings said. Commissioning of the India plant is part of a larger expansion plan launched by Mulk Holdings in 2011 that will see the company spread its footprint across Asia, Europe and African continents. It has already commissioned its European manufacturing plant in November 2012. "Despite the challenging economic situation, we are still expanding our business. We are investing in seven manufacturing plants in India, Serbia, the UAE and other parts of the world, with a total investment outlay of around $210 million (Dh767 million) in the next three years,” Shaji Ul Mulk said. These expansion projects will consolidate Alubond's U.S.A. ® global position as the worlds largest aluminum composite panel brand and further strengthen the UAE-Turkey investment and economic relationship. Mulk Holdings had earlier formed a joint venture with Enpar Group in India called Mulk Enpar to expand its Indian operations. According to the agreement, Mulk Enpar plans to invest over Dh300 million in a diversified expansion programme which will result in the creation of a group of six companies strategically located in India, Sri Lanka, Europe and the UAE. This is expected to turn Mulk Enpar into a large multinational conglomerate generating consolidated annual revenue of over Dh1.5 billion in the coming years. Mulk Holdings, a Dh2.8 billion ($762 million) annual turnover company, has diversified business interests in manufacturing aluminum composite panels, solar panels, development of solar power plants as well as a wide network of high end diagnostic centers with telemedicine capability. Mulk Holdings owns exclusive manufacturing and distribution rights of US-based Alubond USA ® aluminum composite panels. Alubond USA ® has, over the years, emerged as the world’s largest metal composite brand with production bases in Europe, Middle East, and India. These developments take Alubond U.S.A ® brand and its business operations to the next level.
About Mulk Holdings:Mulk Holdings is a UAE-based diversified conglomerate with an annual turnover of Dh2.8 billion ($762 million), Mulk Holding has a global footprint in manufacturing and operations spread in key markets including the UAE, Saudi Arabia, Turkey, India, Europe, the United States, India, Sri Lanka and China. Alubond U.S.A ® has, over the years, emerged as the world’s largest metal composite brand with additional production bases in Europe, Middle East, and India. The new production bases in Sri Lanka and Saudi Arabia increased the installed capacity of metal composite panels to over 15,000,000 square metres and coil coating capacity to over 20,000 tonnes per anum. For further information Samantha Sabah PR Manager PR Squad +971 4 393 7696 firstname.lastname@example.org www.prsquad.ae And Aasim Shaikh Business Development Manager Mulk Holdings +971 6 526 2202 email@example.com www.mulkholdings.com
Alubond Europe - BAU 2013 – ImpressionsDate: 14th to 19th January 2013 BAU 2013 – World's Leading Trade Fair for Architecture, Materials, Systems 20th anniversary of BAU – Five decades of success Munich, Germany BAU, the World´s Leading Trade Fair for Architecture, Materials, Systems, is more international, classier and even more professional than ever before. That, in a nutshell, is the impression gained after six successful days at this No. 1 sector platform featuring once again packed exhibition halls and delighted exhibitors and visitors. Alubond Europe is representative, manufacturer and distributor of Word’s Largest ACP Brand - Alubond U.S.A for the European and Russian market, established in February 2009. After only 3 years from foundation, Alubond Europe had very successful first independent exhibition on BAU 2013. Thousands of visitors were attracted by our stand and were introduced with our range of products. Alubond Europe presented Alubond U.S.A top quality products: Aluminum Composite Panels, Stainless Steel Composite Panels, Alubond U.S.A Lite, Anodized Composite Panels and a new brand under Alubond U.S.A – COILCOTE, colored aluminium coils. We are proud to say that, as the only company from Serbia which exhibited at the fair, we were able to show that the quality, dedication and hard work can open doors to markets with highest demands.
Alubond Europe - BAU 2013Date: 14th to 19th January 2013 BAU 2013 – World's Leading Trade Fair for Architecture, Materials, Systems
20th anniversary of BAU – Five decades of success
Welcome to BAU 2013 >>.
New Facility Grand Opening Welcome to Serbia, Welcome to Alubond EuropeDate: 8th November 2012 Alubond Europe is proud to announce the grand opening of its Europe Headquarters at Banatski Karlovac, in the vicinity of Vršac city. As a progression to the successful start of business operations in Europe, we are confident this development will take brand Alubond U.S.A and our business operations to the next level. This also marks a key strategic investment for Alubond U.S.A in the Republic of Serbia, as a result of its thriving economic conditions and favorable business support from the regulatory authorities. This state of the art facility will serve as the production and operations base for the entire European region and all CIS countries.
15th Asian Congress of ArchitectsDate: 30th October 2012 Alubond U.S.A. sponsors the 15th Asian Congress of Architects, the most important gathering of the architect community, held biennially in Asia. The congress is organized by Ikatan Arsitek Indonesia (IAI) and will held at Nasa Dua convention centre, Bali. Thirty years since the first ACA event, this congregation will witness the coming together of more than 1000 architects, consultants, real estate professionals and students, and comprises of a conference series and an awards ceremony for the design professionals. Team Alubond U.S.A. will be present at booth number B3 near the Nasa Dua Hall, and our product will be presented in the NASA DUA hall on 30th October, 1-2 pm. For further details, please log on to ARCASIA Bali2012.
Middle East Architect Awards 2012Date: 23rd October 2012 Alubond U.S.A. is the proud sponsor of the Middle East Architect Awards 2012, to recognize the best architect talent and the best projects of the year in the entire GCC region. Middle East Architect Awards 2012, in its fifth edition, is the most prestigious annual awards ceremony for the architect community in middle east and invites more than 250 prominent architects, consultants and real estate professionals. It attracts nominations in thirteen categories throughout the middle east region from Kuwait to Oman, From Libya to Abu Dhabi. For further details and participation, please log on to Architect Awards 2012.
TURKEYBUILD IZMIR - Building, Construction Materials and Technologies Trade ExhibitionDate: 11th to 14th October 2012 Alubond USA is proud to participate as an exhibitor in the 18th edition of Turkeybuild Izmir 2012, to be held in Izmir International Fair Area. Please visit Alubond U.S.A. at Booth No. 543 in Hall 2. Turkeybuild Izmir 2012 is the region’s largest building materials exhibition and Turkey’s second biggest exhibition, after YAPI – Turkeybuild Istanbul. It attracts more than 350- exhibitors consisting of established local manufacturers and global brands, with more than 30000 visitors every year from the region. For further details, please visit YAPI FUARI - TURKEYBUILD.
Alubond Europe - BALTIC BUILD 2012Date: 12th to 14th September 2012 BalticBuild, the 16th International Building and Interiors Exhibition, 5th “A.City” International Forum for City planning, Architecture and Design will be held from 12 to 14 September 2012 in St.Petersburg, Russia. It is well-known in Russia and abroad exhibition project. Prior to 2002 the Exhibition was known as Batimat. Welcome to BalticBuild Exhibition »
Turkish Building Industry’s and Region’s Biggest Gathering35th. TURKEYBUILD İSTANBUL 2012 Date:
2th to 6th May 2012 International Turkeybuild İstanbul 2012 is the 35th. building, construction materials and Technologies exhibition will be held between the dates of 2-6 May at Tüyap-İstanbul on an exhibition space of 81.000 sqm. With over 1.000 exhibitors, over 15.000 products from 80 countries will be exhibited in 12 Halls along with outdoor exhibitors. It gives oppurtunity to enter the growing markets of Turkey, Eurasian and Middle East Region which take a prominent place at construction industry. Exhibiton gathers international buyers, producers, architects, civil engineers and world brand manufacturers. Please visit us.
Mulk Holding's Alubond U.S.A Signs new J.V. In Turkey
11th January 2012
Mulk Holdings which announced in December the acquisition of a new facility in Europe has embarked on yet another expansion program in Turkey.
In a glittering ceremony held in Burj Al Arab on Jan 11th attended by Who is Who of U.A.E and international Guests, The Signing ceremony between Mulk Holdings chairman Shaji Ul Mulk and Aldom Partners Muzaffer Boynudelik and Erald Pauw at the Al Falak Ballroom of Burj Al Arab was in the presence of Dignitaries like H.E Sheikh Majid Al Nuaimi, H.E Sheikh Khalid Al Hamed, His Excellency. Abdullah Bin Ahmed Al Saleh - Undersecretary Ministry of Foreign Trade in UAE, Dr. Rashid Alleem Director General Sharjah Hamriya Free zone, ports and Customs, H. E M.K. Lokesh Ambassador of India, Mr.Serdar F. Kumbaraci - the Commercial attaché of Consulate General of the Republic of Turkey in Dubai, Col. Hamdan Al Raisi Acting Director General of Dubai Civil Defense and high ranking Government officials and prominent members of VIP Business community from U.A.E, Europe and Turkey.
The Joint Venture agreement with Aldom Group Turkey is for setting up a base to manufacture Alubond u.s.a Fire Rated Building Façade Panels and Aluminum Coil Coatings. Under the terms of this Agreement, Mulk Holdings will own 70% shareholding and Aldom Group 30%. The Factory will be located in Istanbul on the existing facility of Aldom Group and have a production capacity of 3 million m2. The anticipated total investment will be over 28 Million USD taking Alubond ‘s capacity to over 6 million m2 in Europe with the Serbia Plant.
This facility will be one of The Largest overseas manufacturing bases of Mulk Holdings. Alubond u.s.a is the core product of Mulk Holdings and has achieved The World’s Largest Composite Panel brand status with existing bases in U.S.A, Europe, U.A.E and India. This new expansion will consolidate Alubond’s global position of leading the Façade Industry and further strengthening The U.A.E – TURKEY Investment and Business relationship.
Chairman Shaji Ul Mulk stated “We are extremely delighted at this joint venture agreement and establishing a partnership with Aldom group who brings us strategic advantage in their local market knowledge and expertise. Decision to manufacture in Turkey is in line with our market strategy of being inside key metal composite markets".
Erald Pau and Muzzafer Boynudelik Managing Partners added “Aldom have a history of being the largest Aluminium composite Panel Distributors in Turkey. We were Distributors for many years for Japanese brand Alpolic. We switched over to Alubond u.s.a brand mainly due to the superior quality and the largest product range of having A1, A2, B1 and B Fire Rated composite Panels plus their aggressive pricing policy. We are delighted that our relationship as a Distributor is now changing into partnership. Alubond has been present in the Turkish market for the last 7 years and we have no doubt that within two years we will have a major share of Turkish Market".
The new capacity of another 3 million m2 takes Alubond Global Capacity to 18 million M2 making it by far The Largest Composite Panel Brand in The World!
Mulk Holdings Invest 20 Million USD in Europe
5th January 2012Mulk Holdings The Diversified Multi National Group has acquired a large 10 Acre Asset in Serbia and announced an investment of 20 million USD toward the establishment of a new production facility in Europe. This strategic move is in line with the company’s continued expansion program of establishing manufacturing plants close to demand markets.The Facility Situated in the Nemanjina Street, Banatski Karlovac, Serbia, 60km from Belgrade (capital of Serbia) will have a state-of-the art production facility with a 3,000 square meters office and showroom space and 10,000 square meters of production Area which will be build in several phases. The facility will be equipped with a fully automated three coat coating line and a High Speed Double Extruder Composite Panel production Line. The New Factory will have a capacity of 3 million m2 of Fire rated Metal Composite Panels and 10,000 tons of Color coated coils.
New Alubond and Coil Coating Production Facility Established
Mr. Shaji Ul Mulk, Chairman of Mulk Holdings International said: “Our Investment in Europe started last year with the establishment of Alubond Europe in Pancevo, Serbia in a leased facility. We made this investment in Europe during acute Global Recession and surprised many by this aggressive move. I am lucky to have able leaders like Sanja Uzelac and Violeta Svilokos who have shown exemplary commitment and drive to make Alubond Europe a success story. We are now encouraged to invest further by acquiring this new asset and increasing our capabilities in Europe.
Our new Expansion will create employment opportunities and further investment to assist the government in its aims to promote international investment and improve the economic standards of the local Municipality. We would like to thank the Municipality of Alibunar (Banatski Karlovac), Serbia for their assistance and giving us this opportunity to grow our business in Europe. We look forward to a successful relationship in the years to come".
Sanja Uzelac - Director European Operations commented “Our Product range of Fire Rated Metal Composites and Coil Coatings are getting increasingly popular in Europe due to our ability to provide the highest quality product with the ALUBOND U.S.A brand label of being The World’s Largest Composite Panel and competively priced. We thank Our Parent Company Mulk Holdings for their unflinching support and their confidence in us for this new expansion. This investment is also extremely important for growth and improvement of Serbian economy.
Violeta Svilokosn - Sales Manager Europe added “. Our Facility based in Serbia gives us many strategic Sales and Marketing advantages as Serbia has Free Trade Agreements with European Union, Turkey, Russia and many others nearby markets giving us competitive edge in these key markets. We have a great team here and very excited to be moving into our own facility.