Rubber World Industries in $29m deal from Arabtec
Firm to supply rubber insulated building materials for Arabian Ranches
Rubber World Industries LLC (RWI), a manufacturer of closed-cell rubber insulation 'Gulf-O-Flex', has been awarded a AED107m ($29m) contract from Abratec to supply rubber insulated building materials for the Arabian Ranches Development project in Dubai.
The project covers 95 villas/townhomes in Arabian Ranches Development District 2, Alma 2 and La Avenida 2.
Under the terms of the agreement, Rubber World Industries will supply ‘Gulf-O-Flex’ closed cell elastomeric rubber tube insulation, sheet roll insulation and adhesives that will be used for refrigerant copper pipes and AC drain/refrigerant pipe insulation purposes.
According to Rubber World Industries executives, the recent award demonstrates the strong confidence that contractors like Arabtec Construction have placed in Rubber World Industries’ diverse product portfolio of rubber insulated materials.
In addition to Rubber World Industries, the company has also awarded a contract to Emirates Falcon Electromechanical Co. (EFECO), to facilitate the mechanical, electrical and plumbing (MEP) requirements of the Arabian Ranches project. Aside from the Arabian Ranches project, the company has also revealed being awarded a contract to provide rubber insulated building materials for the Baniyas Residential Development project in Abu Dhabi, which covers the construction of 411 villas.
“We are very proud to have been awarded this contract from Arabtec Construction, which demonstrates the continued trust and confidence given to us by contractors in the region today. Using our diverse portfolio of products, particularly the ‘Gulf-O-Flex’ line, will definitely add merit to the Arabian Ranches project, giving both developers and future homeowners the confidence and security that world class and highly durable materials were used for the project," said Rizwan Shaikhani, managing director, Rubber World Industries.