Dubai, UAE, April 20, 2016: Manufacturing in the UAE accounts for 11% of the UAE GDP and the government has a vision to increase this to 25% by 2025. Considering the positive momentum in the Middle East’s manufacturing industry led by revived confidence in the building and construction sector, Hira Industries LLC launched a new manufacturing facility in Ras Al Khaimah, United Arab Emirates. The state-of-the-art facility launched in Al Ghail, Ras Al Khaimah, is spread over 125,000 sq feet and employs 150 skilled and highly trained staff. The one-of-a-kind manufacturing facility will produce and export Aerofoam technical foam worldwide. Technical foams used for insulation is over a US$ 300 million industry in the Middle East where Aerofoam will soon play a major role after the expansion. Due to the region’s sustained growth, particular in the UAE, the company was driven to expand its production capabilities culminating with the launch of the new facility. “With the wealth of construction projects carried out in the region, the demand for Aerofoam product is tremendous and we are seeing rapid growth year on year. Events such as Dubai’s Expo 2020 and the 2022 FIFA World Cup Qatar have further driven the industry. As such our move to set up a new facility is strategically planned,” said Mr. Manish Hira, Managing Director of Hira Industries. With emerging new technologies, there is an impact on reduction of energy consumption. The outlook towards the environmental, social and economic concerns has encouraged leading manufacturers to develop and manufacture energy efficient products. Hira Industries has been a part of this change. The company has been rewarded recently ‘Climate Control Award, HVAC – accessories supplier of the year’ due to its quality of the products and services. Hira Industries is the region's leading manufacturer of technical foam insulation for the building and construction sector. It has created a niche in the market for its thermal insulation products catering to commercial and residential properties, shopping malls, hospitals, schools, offices, museums, hotels and industrial facilities among others. Established in 1980, Hira Industries LLC manages 8 factories in three different countries, occupying two million square feet and employing over 1000 employees to sustain with the high growth planned. The company plans to increase number of products as well as number of application that Aerofoam insulation can cover such as proofing materials or roof insulation. Developing this kind of vision would not be possible without two type of materials: cross linked polyolefin foam and NBR rubber. That makes company stronger and more flexible in the region. Currently, Hira Industries is also involved in manufacturing air conditioning products, fixing systems, rubber products, adhesive tapes and of course technical insulation products. With offices and factories set up in Middle-East, India, Australia, Sri Lanka and Southeast Asia, Hira is driving fast into becoming a major global supplier into the construction projects in the high growth construction sectors.