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The leading German manufacturer of flexible insulation foams Armacell on Sunday has made an announcement on its strategy to set up a new production plant in the Kingdom of Bahrain, which is likely to generate over 100 job opportunities.
Armacell, which serves the equipment-insulation market, plans to develop its new manufacturing site at the Bahrain International Investment Park in Hidd.
The proposed plant will make elastomeric rubber insulation for the $3 billion (Approx.) worth of GCC market for heating, ventilating and air conditioning products.
Armacell s move emerges after an official business team from Germany, including Armacell International Holding MD Dr Karl Paetz Lauter, made a trip to the kingdom. The German state North-Rhine...