Already a supplier of technical foam insulation, its Aerofoam product from the new RAK plant will give it a greater competitive edge in the construction industry
Hira Industries has opened a technical foam manufacturing facility with an eye on exporting much of the volume coming off the lines.
The company is active as a supplier of products to the construction sector and the new plant in the emirate of Ras Al Khaimah, UAE, signals an intensification of its role within the sector.
The state-of-the-art facility in the Al Ghail area is spread over 125,000 sq ft and employs 150 skilled staff, said a statement from the company.
It will produce and export Aerofoam worldwide. The market for technical foam used for insulation is worth more than $300 million in the Middle East, and Aerofoam will soon play a major role in the market for that kind of foam after the expansion. Due to the region’s sustained growth, particularly in the UAE, the company was driven to expand its production capabilities, culminating with the launch of the new facility, the statement added.
Hira Industries is a leading manufacturer of technical foam insulation for the building and construction sector in the region, and has created a niche in the market for its thermal insulation products catering to commercial and residential properties, shopping malls, hospitals, schools, offices, museums, hotels and industrial facilities among other establishments.
Manish Hira, managing director of Hira Industries, said: “With the wealth of construction projects carried out in the region, demand for Aerofoam is tremendous and we are seeing rapid growth year on year.”
“Events such as Dubai’s Expo 2020 and the 2022 Fifa World Cup Qatar have further driven the industry. As such, our move to set up a new facility is strategically planned,” he added.
Currently, Hira Industries is also involved in manufacturing air-conditioning products, fixing systems, rubber products, adhesive tapes and technical insulation products. With offices and factories set up in the Middle East, India, Australia, Sri Lanka and South East Asia, Hira is moving quickly towards becoming a major global supplier to projects in the high-growth construction sectors, the company said.