Qemtex Chemical Holding, the UAE’s multinational industrial group, has opened a new powder coatings plant to attract global markets.
The manufacturing facility, located in the Umm Al Quwain Free Trade Zone, will offer a wide range of products, such as architectural, industrial, and specialized powder coatings. The new plant aims to develop eco-friendly solutions to cater the needs of clients.
The expansion of production capacity will be carried out in two stages: the initial output of 5,000 tons per year will be increased to 10,000 tons during the second stage. Qemtex intends to allocate at least 30 percent of its production to the UAE domestic market, while the remaining 70 percent for exporting to GCC, MENA, EU, and US markets.
Alexandr Glukhov, Group CEO of Qemtex Chemical Holding, commented that, “We’ve assembled a strong international team of experts with up to 30 years of industry experience from a dozen countries. This allows us to develop innovative, environmentally friendly solutions for clients from all around the world.”
“With the growing global demand for powder coatings, our new UAE plant is just the first step in Qemtex’s international strategic development program to become one of the top 10 global producers,” added Zhandos Temirgali, Chairman of the Board of Directors.
Qemtex invested $16 million in production facilities and a state-of-the-art R&D center. This center is designed to emerge as one of the top three powder coatings research facilities in the region. Experts predict that the global powder coatings market will increase by 5.5 percent annually through 2029, which will create favorable conditions for the company’s ambitious plans.
