Thursday, May 7, 2009

Gulf Extrusions signs USD 3.5 million deal to supply aluminium profiles for world’s most expensive home



Gulf Extrusions signs USD 3.5 million deal to supply aluminium profiles for world’s most expensive home

Company to supply total of 460 MT of unitized system for ‘Antilia Residence’ owned by Reliance Industries Chairman in Mumbai

May 07, 2009
Gulf Extrusions, one of the largest aluminium extrusion plants in the Gulf, has announced the signing of a USD 3.5 million contract with India’s Reliance Engineering Associates for the supply of 460 MT (metric tons) of unitized system, which will be used in the USD 1 billion plus ‘Antilia Residence’ project in Mumbai. Expected to be the world’s most expensive home, the 27-storied residence with six floors of parking, belongs to the Chairman of Reliance Industries, Mukesh Ambani.

The ‘Antilia Residence’ is designed as the largest and tallest ‘living wall’ in the world – a seamless, vertical garden that encompasses all walls of the building. The residence – which upon completion mid next year will scale a height of 173 meters – will feature an entertainment floor; a health floor with a swimming pool and health club; a helipad; six floors of apartments for the Ambani family and their guests; and terrace gardens.

Robert Holtkamp, Director of Sales and Marketing, Gulf Extrusions, said, “Being chosen to supply aluminium profiles for such a prestigious project in India is a reflection of the excellent reputation Gulf Extrusions has built over the years. Moreover, this project will also strategically complement our plans to expand our presence in the high potential Indian markets.”

Gulf Extrusions, which is part of the Al Ghurair Group of Companies, produces profiles ranging from architectural sections to components for household items, AC grills and customised products. The company also extrudes products of several European suppliers and companies under agreement. Nearly 70 per cent of Gulf Extrusions' production is supplied to the domestic market to support the enormous construction projects in the UAE. The rest are exported to South East Asia, other GCC countries, Europe and Canada.

About Gulf Extrusions:
Gulf Extrusions is the largest extrusion plants in the Gulf with a 30 year history of top quality production. Located at Jebel Ali, it is minutes away from one of the busiest sea ports in the Gulf. The plant is designed to produce aluminum sections in mill finish, silver, bronze, gold and color anodized, and powder coated finishes. The modem processing equipment and techniques permit the company to produce a range of over 7,000 profiles. These vary from architectural sections to components for household items, AC grills and customized products. Nearly 60% of the output generated by Gulf Extrusions is used in the local market to support the building and construction projects. Gulf Extrusions also exports to various markets in GCC and Middle East countries, as well as markets in Europe, West Africa, Asia and Canada.

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