Sunday, May 3, 2009

RAK Ceramics resets industry standard with over 115 million square metres in annual production capacity



RAK Ceramics resets industry standard with over 115 million square metres in annual production capacity

Global sales reach USD 717 million as UAE market alone secures 29 per cent revenue increase

May 3, 2009
RAK Ceramics, the world's largest ceramic manufacturer, has recently announced that the USD 700 million global conglomerate's annual production capacity has now exceeded 115 million square metres through its 10 modern tile plants and 2 sanitaryware plants in Ras Al Khaimah, and international manufacturing subsidiaries in China, Bangladesh, Sudan, India and Iran. RAK Ceramics also revealed that it has consolidated its subsidiaries in Italy, Switzerland, Germany, Georgia, France, UK and Australia to further boost its export capacity as it now serves key markets in over 135 countries, delivering premium-quality ceramic tiles, Gres Porcellanato, and a wide range of sanitaryware models.

RAK Ceramics has further revealed that tile sales in the UAE market exceeded USD 549 million in 2008, representing a 29 per cent increase from the previous year and helping push global sales to more than USD 717 million. RAK Ceramics has a daily production rate of 225,000 square meters of tiles in its UAE plant, with the China facility producing 34,000 square meters daily; the plants in Bangladesh, Sudan and Iran producing 20,000 square meters daily, and the Indian facility producing 10,000 square meters of tiles daily.

Dr. Khater Massaad, CEO, RAK Ceramics said: "We are pleased to reach a new milestone in the ceramic industry as we continue to satisfy the demand of our growing international clientele. One of the key factors of RAK Ceramics' success is our ability to align the growth of our brand with the sustained growth of the company's global market share. We look forward to continue setting new benchmarks in quality and design in line with our strong commitment to fulfil our brand promise as an innovative trend setter in the industry."

RAK Ceramics is a USD 700 million global conglomerate in the ceramic industry that exports its products to over 135 countries, targeting architects, project developers and retail customers. The company offers a perfect blend of technical finesse and aesthetics through thousands of designs in ceramic tiles, Gres Porcellanato, and several models in sanitary ware.

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