10 MAY 2011www.alu.com.cn
Aluminium extrusion firms to benefit from GCC railway
Edited by : AL CIRCLE
1 min read
Dubai: The GCC railway project has the region's aluminium extrusion companies rubbing their hands in glee at the thought of the lucrative business potentially coming their way, given the relatively infant downstream industry in the Gulf, industry insiders said.
"The main body of train wagons and stations is made of aluminium… a single train compartment is made of seven tonnes of aluminium," according to Madar Al Mekdad, General Manager of Gulf Extrusions.
"We will be involved with GCC rail and dealing with the train manufacturers... They should insist on using local companies," he added.
Political unrest in the region, a natural disaster in Japan and construction sector weakness in Dubai have taken their toll on the Gulf's aluminium industry, he said. "Demand for aluminium extrusions will grow but only 2 to 3 per cent a year. Projects in Qatar for the World Cup will boost the aluminum industry."
"The main body of train wagons and stations is made of aluminium… a single train compartment is made of seven tonnes of aluminium," according to Madar Al Mekdad, General Manager of Gulf Extrusions.
"We will be involved with GCC rail and dealing with the train manufacturers... They should insist on using local companies," he added.
Political unrest in the region, a natural disaster in Japan and construction sector weakness in Dubai have taken their toll on the Gulf's aluminium industry, he said. "Demand for aluminium extrusions will grow but only 2 to 3 per cent a year. Projects in Qatar for the World Cup will boost the aluminum industry."
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