Dubai Industrial City, the region’s leading manufacturing and logistics destination and a member of TECOM Investments, today announced it has signed a project development agreement with Gulf Eternit Industries (GEI), a member of Future Pipe Industries Group (FPI), to establish a fiberglass pipe factory.
The new factory will replace its current operations in Um Al Ramool that was set up in 1972 and consolidate Gulf Eternit’s growing role as a leading supplier of fiberglass pipes to local and regional clients including Dubai Municipality, DEWA, Dubai Transport Authority, SEWA, FEWA, ADWEA, Abu Dhabi Municipality, ADNOC Group of Companies, and Borouge.
Established in Dubai in 1984, Future Pipe Industries Group has evolved from a local manufacturer to a global leader in the large diameter fiberglass pipe industry. Currently, the company develops, manufactures and supplies pipe systems to more than 300 major customers in over 50 countries across the power, oil and gas, petrochemical, infrastructural, municipal, desalination and marine market segments.
Abdullah Belhoul, Managing Director, Dubai Industrial City, said: “Dubai Industrial City welcomes not only a world-class leader that is a prominent technology developer and manufacturer of advanced fiberglass pipe systems, but also.a homegrown company that has not only made its mark in the global marketplace but also stands testimony to the progress achieved by Dubai’s industrial sector.”
Fiberglass pipes are gaining increasing market share over counterparts made with commodity materials such as iron and concrete. In addition to being environmentally friendly, fiberglass pipes have a high strength-to-weight ratio, which results in lower transportation and installation costs. Additionally, fiberglass is non-corrosive, highly resilient to harsh climactic conditions, and offers a lifespan of over five decades that translate to lower replacement needs.
