Empower Expands ELIPS Across Gulf Markets
Empower Insulated Pipe Systems (ELIPS), a subsidiary of Emirates Central Cooling Systems Corporation PJSC, expands its footprint across the Gulf and Middle East.
Summary
Empower's ELIPS expands into Gulf markets, enhancing its presence with innovative thermal solutions and sustainable practices.
Empower Insulated Pipe Systems (ELIPS), a fully owned subsidiary of Emirates Central Cooling Systems Corporation PJSC, has announced a significant expansion into the Gulf and Middle East markets. This move marks a strategic step in strengthening its presence beyond the UAE, reaching countries like Saudi Arabia, Bahrain, Oman, Qatar, Kuwait, and Egypt.
Over the past 16 years, ELIPS has produced and supplied over 880 kilometers of insulated pipe systems, with a remarkable 40% increase in production over the last five years. The company now serves more than 300 clients and has completed over 240 projects across various markets.
H.E. Ahmad bin Shafar, Chairman of ELIPS, emphasized the company’s strategic expansion plans, which have been implemented successfully since its inception. This growth trajectory is driven by the delivery of highly competitive products powered by cutting-edge technologies and advanced solutions in energy and manufacturing.
ELIPS is committed to supporting economic development in the UAE and globally, with a focus on producing insulated pipes with exceptional efficiency and zero production defects. This commitment has solidified the company's reputation as a trusted brand, primarily serving district cooling projects.
The company is poised to become a leading supplier to district cooling companies and those operating in the oil and gas sectors in the region. Its emphasis on manufacturing processes free from carbon-emitting materials underscores its commitment to environmental protection and sustainability.
Located in Dubai’s Jebel Ali Industrial Zone, the ELIPS factory is the largest of its kind in the UAE, spanning nearly one million square feet and equipped with state-of-the-art robotics-driven technology.
Given the company's strategic expansion, innovative solutions, and commitment to sustainability, investors might consider a buy recommendation. ELIPS's growth potential in the Gulf and Middle East markets, coupled with its technological advancements, positions it as a promising investment opportunity.
Source
Summary
Empower Insulated Pipe Systems (ELIPS), a subsidiary of Emirates Central Cooling Systems Corporation, has expanded its market presence in the Gulf and Middle East, now operating in Saudi Arabia, Bahrain, Oman, Qatar, Kuwait, and Egypt, alongside its existing UAE operations. Over the past 16 years, ELIPS has produced over 880 kilometers of insulated pipe systems, with a 40% production increase in the last five years, serving more than 300 clients and completing over 240 projects. Chairman Ahmad bin Shafar noted the company's strategic expansion into global markets, emphasizing its use of competitive, advanced technologies to meet diverse market needs. ELIPS aims to become the leading supplier for district cooling and oil and gas sectors, focusing on sustainability and manufacturing without carbon-emitting materials. Its Dubai-based factory is the largest in the UAE, featuring advanced robotics technology.
