Date: 30 September 2009
The state-of-the-art manufacturing complex will be set up by Obëikan Glass Co; the plant design and the supply of the main process equipment entrusted to the specialized engineering company Fives Stein.
The start-up of the facility is scheduled for the beginning of April 2010.
Obëikan Glass Co is setting up a fully integrated state-of-the-art float glass plant in a region which has been experiencing an unprecedented boom in the construction industry. Growth in construction means growth in building products (which account for 80-85 per cent of the float glass market) magnified by an architectural and engineering trend towards greater use of glass in building façades, for reasons involving not only design trends but also environmental protection.
Yanbu harbor, close to the Suez Canal and on the major East-West shipping route provides easy access to the European and far-east markets for its products. The city is connected to the oil and gas pipelines conveying crude oil and liquid natural gas to support the development of a large industrial base.
The plant is to produce 800 tons per day of clear and tinted glass feature which will let it be the largest in the region. With provisions for on-line coatings, it will be the most modern of its kind in the Gulf countries thanks to Fives Stein technology.
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