Roots Steel acquires two Bank of Sharjah subsidiaries

Author: 
ARAB NEWS
Publication Date: 
Tue, 2011-03-22 00:20

Roots Steel Group, established in 2008, is an ISO 9001:2008
certified organization that has grown significantly since the founding of its
first plant in Syria in 2009.
“Roots Steel Group aims to be the leading global player in
metal building systems and structural steel industries in the region,” said
Mahmoud Mustapha, managing director of the group.
Ginco Steel LLC, established in 1975, has an ISO 9001:2008
certified by SGS Switzerland in 2003. Its core activities include design,
production, sales and erection of steel structures for high-end oil and gas,
infrastructure, industrial, commercial and other projects.
Polyco Ltd Co., established in 1982 and also similarly
certified by SGS Switzerland in 2004, operates mainly in design, production,
sales and erection of conveying systems for the mining, industrial and food
industries. Polyco also manufactures and supplies various types of oil field
cabins.
Among the latest expansion initiatives of Roots Steel Group
is the establishment of a new plant in Egypt, which will be inaugurated by May
2011. Another new plant facility in Bahra near Jeddah is expected to be
operational by mid-2012.
The group is targeting a combined production capacity of
300,000MT per year from all its plants, covering the Middle East, Africa and
Asia, Mustapha said.
“Through remarkable business expansion, staff dedication and
zest for growth, Roots Steel Group aims to serve its customers better and reach
production levels that surpass local and international demands for steel,”
Mustapha said.

Taxonomy upgrade extras: