Emirates Thermostone wins $3.34m deals
Dubai, July 31, 2007
Emirates Thermostone has won contracts worth Dh12.3 million ($3.34 million) from three premier developments in Dubai.
The wholly-owned subsidiary of M’sharie, the private equity arm of Dubai Investments, said the contracts were to supply Autoclaved Aerated Concrete (AAC) construction materials.
Emirates Thermostone will provide a combined 48,000 cu m of AAC blocks to The Lake Shore Tower 1 at the Jumeirah Lakes, as well as a cluster of 29 buildings at Dubai International City Phase 1, and the Marina Apartments on the Palm Jumeirah.
"It has been a little more than a year since Emirates Thermostone rolled out its initial production and yet we have attracted some of the biggest names of the industry in such a short time. That these elite projects have chosen to utilise AAC materials is a strong indication of the technology's great popularity in the UAE's construction industry. The AAC's biggest draw among developers is the tremendous value the technology adds to any project, particularly in terms of safety, cost-efficiency and practicability – all key considerations in any development," said Emirates Thermostone marketing director Khalil Abdul Baki.
“The high-performance combination of silica, sand, lime, cement, gypsum and water mixed with the expansive agent, enhances the construction properties of the material, vastly improving its structural strength, optimizing lightness and boosting fire resistance. Other popular features include its ability to resist termites, the absence of pollutants and its enhanced thermal insulation properties, which help reduce power consumption particularly in warm climates such as in the Middle East," added Baki.
AAC is a precast building stone made from natural raw materials. Its economical, environmentally friendly and lightweight characteristics have sealed its international reputation as a preferred construction material for residential, commercial and industrial buildings.
Emirates Thermostone operates one of the largest and most technologically advanced AAC production plants in the Middle East, providing the region’s premier developments with an annual supply of up to 15 million specially designed blocks, slabs and panels. –TradeArabia News Service