*** ----> Armacell breaks ground for manufacturing facility | THE DAILY TRIBUNE | KINGDOM OF BAHRAIN

Armacell breaks ground for manufacturing facility

ManamaArmacell has broken grounds for the construction of its manufacturing facility in the Bahrain International Investment Park, which is expected to create around 100 jobs within the first three years of its operation. 

The company, a global leader in flexible foam for the equipment insulation market and a leading provider of engineered foams, plans to start production in 2018, according to a statement released yesterday. 

The Armacell Group, through Armacell Middle East Company S.P.C., will manufacture a comprehensive range of products for the GCC, including high-density materials and elastomeric insulation for heating, ventilation and air-conditioning (HVAC) systems at the new plant. 

Commenting on the launch, Patrick Mathieu, President & CEO of Armacell International S.A., commented: “We are excited to begin our operations early next year, benefiting from Bahrain’s modern business environment, central location and world-class infrastructure.”

The groundbreaking was attended by senior representatives from Armacell in the presence of Zayed bin Rashid Al Zayani, Minister of Industry, Commerce & Tourism and Khalid Al Rumaihi, Chief Executive of the Bahrain Economic Development Board (EDB).

Speaking on the occasion, Al Zayani said that the Kingdom is looking forward to supporting Armacell here in Bahrain and in the wider GCC. 

In this regard, Khalid Al Rumaihi pointed out that investment from companies such as Armacell creates high quality jobs and plays an important role in supporting the Kingdom’s diversification efforts. Manufacturing sector is one of the key sectors in the Kingdom’s economy.  It accounts for around 15 per cent of real GDP and has grown by 20pc over the past 5 years and is the second largest contributor to Bahrain’s non-oil sector. 

Thanking the support provided by EDB, Guillerme Huguen, Vice President EMEA, added: “The construction of our own production site in Bahrain is the logical next step to serve the continuously growing domestic demand in the Gulf Region.”

Armacell has been active in the Gulf Region for a decade and is led by Neville D’Souza, General Manager of Armacell Middle East Company S.P.C.