Ras Al Khaimah, United Arab Emirates
H.B. Fuller, one of the world’s largest pureplay adhesives companies, chose Ras Al Khaimah as its strategic regional business centre, marking a significant milestone in its global expansion goals. The move was cemented with the acquisition of a 15,000 m2 facility of an adhesives manufacturer based in Al Hamra Industrial Zone – XCHEM International LLC.
Ramy Jallad, Group CEO of RAKEZ and Boz Malik, Senior Vice President, Global Construction Adhesives, H.B Fuller marked the facility launch during a recent lease signing ceremony.
H.B. Fuller Senior Vice President, Construction Adhesives, Boz Malik said, “This strategic investment in the UAE aligns with our vision of global expansion and growth, and supports our long-term plan of diversifying H.B. Fuller’s construction adhesives business outside the US. The continuous governmental support, easy business practices, and high market potential for adhesives make the UAE a preferred location to capitalise on our investments and increase regional capabilities.” He also emphasised the company’s commitment towards attracting and retaining the best talent in the region, “We are pleased to embark on this journey with the support of RAKEZ.”
With its latest set-up in Ras Al Khaimah, the company joins a thriving business community of over 18,000 businesses, including around 400 American companies and numerous manufacturing giants based in the economic zone.
RAKEZ Group CEO Ramy Jallad said, “We are thrilled to welcome H.B. Fuller to the RAKEZ business community. Their decision to choose the UAE as a business hub for the MENA region reinforces the international recognition of our country’s dynamic and robust economic environment. Our vibrant construction market which readily embraces innovative and progressive solutions, coupled with our commitment to business-friendly practices, provides the perfect platform for H.B. Fuller to realise their long-term growth plans.” More than a century-old global giant, the USD 3.75 billion company H.B. Fuller is actively expanding the regional presence of its global adhesives portfolio. Offering a wide range of speciality adhesives and coatings, H.B. Fuller serves industrial and infrastructure applications, particularly in the fast-growing construction markets of the MENA region, with customers in more than 140 countries globally. The company’s latest Ras Al Khaimah set-up adds broadens its product range of highly specified applications for flooring, roofing, and infrastructure-oriented markets. This would help further expand H.B. Fuller’s business network, product development, technical service, and supply chain in the region