Universal Carton Industries to Invests US$ 15mn to expand production
Universal Carton Industries (UCI), a top UAE leading corrugated cardboard box manufacturing companies located in Ras Al Khaimah Economic Zone (RAKEZ), is investing US$ 15mn (AED 55mn) to expand its production volume to meet the growing demand for sustainable packaging solutions in the UAE and overseas.
This expansion will increase UCI’s production capacity by threefold to 100,000 tons per annum, a press communique indicated.
The new state-of-the-art facility totalling 375,000sqft is scheduled to be completed in 2023. The company, which initially began operations in 2014 at Al Ghail Industrial Zone, is aiming to increase its manpower to 300 employees.
“With the extension of our European food grade corrugation plant in Ras Al Khaimah, modern equipment and innovative technologies, we will have achieved an unparalleled production capacity,” noted Arsalan Pirani, Managing Director, UCI.
“The economic zone has been our guide since the very beginning, providing us with tremendous support in our setting up phase in the UAE,” remarked Saleem Vohra, COO, UCI.
Want to stay updated on the latest industry news and trends? Subscribe today to receive your monthly news highlights directly in your inbox!