[Bahrain] Alyusuf Group Says Downturn Has "No Impact"

The Alysuf Group, one of Bahrain's leading glass processors, says the financial crisis has had no impact on business and its processing factory is currently running at maximum capacity. The Group's MD, Bassim Alyusuf said they were signing new bookings every week and have secured business up until the first quarter of 2010. "In the first quarter of 2008, our factory was doing a shift and a half per day; by the end of 2008, we were running two shifts; now we are running 24/tpd, that's 2000m2 of glass per day," he told Construction Week. Apparently 70% of their production is catering for exterior facades on large projects, which is one reason why they have avoided the downturn. "Only the projects that are underway require glass and you don't reach that stage unless your are over halfway through a project. Maybe that is why we are not affected," he said.

Author
Un-named
Origin
Unknown
Journal Title
Asian Glass June-July 2009 8
Sector
Flat glass
Class
F 2722

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[Bahrain] Alyusuf Group Says Downturn Has "No Impact"
Asian Glass June-July 2009 8
F 2722
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