Ras Al Khaimah Economic Zone (RAKEZ) has welcomed H.B. Fuller, one of the world’s largest pureplay adhesives companies, marking a significant milestone in its global expansion goals.
The move was cemented by acquiring a 15,000 square meters facility of an adhesives manufacturer based in Al Hamra Industrial Zone – XCHEM International.
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.
Mr. Ramy Jallad, Group CEO of RAKEZ, and Mr. Boz Malik, Senior Vice President, Global Construction Adhesives of H.B. Fuller, marked the facility launch during a recent lease signing ceremony.
“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.”
Mr. Malik said that “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 capitalize on our investments and increase regional capabilities.”
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