This article contains content that is written like an advertisement .(June 2017) |
Company type | Public |
---|---|
Abu Dhabi Stock Exchange (ADX) RAKCEC | |
Industry | Ceramics Manufacturing |
Founded | 1989 |
Founder | Saud Bin Saqr Al Qasimi |
Headquarters | , |
Area served | Asia, Europe and Africa |
Key people | Abdallah Massaad (CEO) |
Products | Ceramic tiles, sanitaryware, taps and kitchen fittings, tableware, tile adhesives, interior ancillary products |
Website | www |
RAK Ceramics P.J.S.C [1] Founded in 1989 and headquartered in the United Arab Emirates, RAK Ceramics serves clients in more than 150 countries through a network of operational hubs in Middle East, Europe, Africa, Asia, North and South America and Australia.
RAK Ceramics has an annual production capacity of 118 million square metres of tiles, 5.7 million pieces of sanitaryware, 26 million pieces of porcelain tableware and 2.6 million pieces of faucets. Across global operations the company employs approximately 12,000 staff from more than 40 nationalities.
RAK Ceramics specializes in ceramic and gres porcelain wall and floor tiles, sanitaryware, faucets and tableware.
RAK Ceramics has 23 state-of-the-art plants across the United Arab Emirates, India, Bangladesh and Europe. [2]
RAK Ceramics is a publicly listed company on the Abu Dhabi Securities Exchange in the United Arab Emirates and on the Dhaka Stock Exchange in Bangladesh as a group, the company has an annual turnover of approximately US$1 billion.[ citation needed ]
RAK Ceramics was established in Ras Al Khaimah in 1989 by H.H. Sheikh Saud Bin Saqr Al Qasimi, member of the Supreme Council and Ruler of Ras Al Khaimah, who aspired to have the best machinery with the latest technology to produce the best products possible for sale in the world.
In 1991 RAK Ceramics first tile plant began operating with an annual output of 1,825,000 square meters of tiles. [3]
In 1993 RAK Ceramics opened its first sanitaryware plant in Ras Al Khaimah with an annual output of 350,000 pieces of sanitaryware.
By the year 2000, the company had opened its first overseas plant in Bangladesh.
From 2000 to 2004, RAK Ceramics invested heavily, expanding the company, and exporting to almost 120 countries by 2004.
In 2004, RAK Luminous, ability to glow in the dark & RAK Slim, a thickness of just 4.5mm are introduced. [4]
In 2006, RAK Ceramics opened its 10th UAE tile plant with an annual output of 16,425,000 square meters of tiles. [2]
In 2007, RAK Ceramics entered into a joint venture with the KLUDI Group and Kludi RAK was established, producing exquisite designer and water saving faucets. [5]
In 2010, RAK Ceramics becomes the world's largest ceramics manufacturer. [6] By 2012, RAK Ceramics had supplied 1 billion square metres of tiles to projects around the world since the company began. [2]
In 2013, RAK Ceramics Launched Maximus Mega Slab, a super-sized slab. [7]
In 2021, RAK Ceramics collaborates with international fashion brand ELIE SAAB to launch five luxurious bathroom and surface collections. [8]
In 2022, RAK Ceramics inks 100% KLUDI acquisition deal, a German showering system manufacturer, which included 49% of the KLUDI RAK Joint Venture which totaled 39 million euros. [5]
The largest shareholder of RAK Ceramics is now Falcon Investments with a 20.4% stake in the business. Other shareholders include Al Rajhi Partners LLC; the Government of Ras Al Khaimah; etc. [9]
In addition to its production facilities in Ras Al Khaimah, RAK Ceramics operates plants in Bangladesh, India and Iran. In August 2015 the company acquired the remaining 20% minority share of its Iran facility, making RAK Iran a wholly-owned subsidiary of RAK Ceramics. In October 2015 the company acquired the remaining 8% minority share of its India facility, making RAK India a wholly-owned subsidiary of RAK Ceramics.
In 2015 RAK Ceramics focused on acquisitions aimed at strengthening the control of the Group over its subsidiaries, acquiring 100% of its subsidiaries in Iran and India, and in early, 2016 RAK Ceramics acquired the remaining shares in its subsidiaries in the UK, Italy, Germany and Australia.
Raw materials are sourced locally (sand, quartz and feldspar) as well as from all over the world (kaolin, ball clay and feldspar). [10]
A wide range of technologies are used at the company's plants some of which include digital printing technology, continua+, chroma, slim, anti-microbial, glow in the dark, double charge, roll feed and other technologies.
Tiles
RAK Ceramics offers one of the largest collections of ceramic wall and floor tiles, gres porcelain and super-sized slabs in the industry. Offering more than 6,000 production models, tiles are manufactured in various sizes, from the smallest 10x10cm up to the largest in the region at 135x305cm, the widest range offered in the ceramics field.
Today RAK Ceramics is one of the largest Ceramics’ manufacturers in the world with a global production capacity of 118 million square meters of tiles, 5.7 million pieces of sanitaryware, 26 million pieces of porcelain tableware and 2.6 million pieces of faucets per year. [2]
Sanitaryware
RAK Ceramics is internationally recognised for the high quality of its sanitaryware. This quality comes from carefully selected premium raw materials that ensure a perfect finish of the products. 15,616 Sanitaryware pieces produced every day globally. It takes 100 days from initial design to a finished model.
On 28 February 2023, RAK Ceramics announced that it will invest US$14 million to improve its sanitaryware production line to incorporate to create savings in energy consumption and carbon emissions. [11]
Faucets
RAK Ceramics acquired and consolidated KLUDI, in 2022. KLUDI is a nearly 100-years old brand engaged in manufacturing of high quality kitchen and bathroom faucets and showering system through its manufacturing footprint across Germany, Austria, Hungary and the UAE. [12]
Tableware
RAK Ceramics offers a wide selection of high-quality porcelain tableware through its sister company RAK Porcelain. Their products are now supplied to more than 40,000 star rated hotels, international airlines, premium cruise liners, convention centers, stadiums who proudly endorse them in various segments of the HORECA industry, across more than 165 countries. Red Dot award winner for product design in 2019. 40,000+ customers in the HORECA industry. 95+ types of tableware ranges are produce. 71,200+ number of pieces produced each day. [2]
Across global operations RAK Ceramics employs approximately 12,000 staff from more than 40 nationalities.
Porcelain is a ceramic material made by heating raw materials, generally including kaolinite, in a kiln to temperatures between 1,200 and 1,400 °C. The greater strength and translucence of porcelain, relative to other types of pottery, arise mainly from vitrification and the formation of the mineral mullite within the body at these high temperatures. End applications include tableware, decorative ware such as figurines, and products in technology and industry such as electrical insulators and laboratory ware.
Ras Al Khaimah is the northernmost of the seven emirates that make up the United Arab Emirates. The city of Ras Al Khaimah, abbreviated to RAK or RAK City, is the capital of the emirate and home to most of the emirate's residents. It is linked to the Islamic trading port of Julfar. Its name in English means "headland of the tent". The emirate borders Oman's exclave of Musandam, and occupies part of the same peninsula. It covers an area of 2,486 km2 (960 sq mi) and has 64 km (40 mi) of beach coastline. As of 2023, the emirate had a population of about 400,000.
Slip casting, or slipcasting, is a ceramic forming technique, and is widely used in industry and by craft potters to make ceramic forms. This technique typically used to form complicated shapes like figurative ceramics that would be difficult to be reproduced by hand or other forming techniques. The technique involves a clay body slip, usually prepared in a blunger, being poured into plaster moulds and allowed to form a layer, the cast, on the internal walls of the mould.
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Khor Khwair is an industrial zone located next to Saqr Port in the city of Ras Al Khaimah, United Arab Emirates (UAE). Located some 25km north of the city, the zone contains marble and concrete manufacturing facilities as well as LPG processing and other industrial enterprises. Saqr Port was inaugurated on 17 September 1977 by the then-Ruler of Ras Al Khaimah, Sheikh Saqr bin Mohammed Al Qasimi - the day after, he attended a ceremony to mark the export of the first five million tons of rock from Ras Al Khaimah.
CoorsTek, Inc. is a privately owned manufacturer of technical ceramics for aerospace, automotive, chemical, electronics, medical, metallurgical, oil and gas, semiconductor and many other industries. CoorsTek headquarters and primary factories are located in Golden, Colorado, US. The company is wholly owned by Keystone Holdings LLC, a trust of the Coors family. John K. Coors, a great-grandson of founder and brewing magnate Adolph Coors Sr., and the fifth and youngest son of longtime chairman and president Joseph Coors, retired as president and chairman in January 2020 after 22 years at the helm.
Duravit AG, founded in 1817 and headquartered in Hornberg, Germany, is primarily a manufacturer of porcelain bathroom fittings. In recent years, the company has diversified its scope to include other products.
RAKBANK is the trading name of the National Bank of Ras Al-Khaimah PJSC, a public joint-stock company headquartered in the Emirate of Ras Al Khaimah, in the United Arab Emirates. It is listed on the Abu Dhabi Securities Exchange (ADX).
Porcelanosa Group is a Spanish manufacturer, distributor and retailer of ceramic tiles. Products include ceramic, porcelain fittings, wall tiles, floor tiles, wood parquet, hardwood, natural stone, mosaics, kitchens, sanitary ware, brassware, bathtubs, shower trays, hydro massage cabins and columns, bathrooms, accessories, and bedroom furniture.
Samena Capital is an Asia, India and MENA-focused alternative investments group, co-established in 2008 by Shirish Saraf and key partners from a cross section of industries and regions. This name was chosen due to the markets that Samena invests in. These are the Indian Subcontinent, Asia, Middle East and North Africa – a region collectively known as SAMENA. Also in ancient Buddhist script, Samena means "together" or "collective", which reflects the collective investment model the company is based on. The company and its subsidiaries employ 26 people in 3 locations worldwide, and has 48 shareholders.
Sheikh Saud bin Saqr Al Qasimi is the current ruler of the Emirate of Ras Al Khaimah, one of the seven emirates of the United Arab Emirates. He became the chief of the ruler’s Emiri court in 1979, the head of the Municipal Council in 1986, and the Crown Prince and Deputy Ruler of the Emirate in June 2003. Then, he officially became the ruler of the Emirate of Ras Al Khaimah in 2010 after his father’s death.
Ras Al Khaimah Investment Authority (RAKIA) is a United Arab Emirates investment authority in the Emirate of Ras Al Khaimah. It issues licenses to operate within RAKIA owned special economic zones, provides business facilities and warehouses and provides investment funding.
The ceramics industry is a growing manufacturing sector in Bangladesh. The industry started in the late 1950s when the first ceramic industrial plants were established. The industry mainly produces tableware, sanitaryware and tiles. As of 2011, there were 21 ceramic industrial units throughout Bangladesh, employing about 500,000 people. In the first nine months of the 2013-14 fiscal year, Bangladesh exported about US$36 million worth of goods after meeting 80% of the domestic demand. The main export destinations are the EU, the US and the Middle East.
Ceramic art is art made from ceramic materials, including clay. It may take varied forms, including artistic pottery, including tableware, tiles, figurines and other sculpture. As one of the plastic arts, ceramic art is a visual art. While some ceramics are considered fine art, such as pottery or sculpture, most are considered to be decorative, industrial or applied art objects. Ceramic art can be created by one person or by a group, in a pottery or a ceramic factory with a group designing and manufacturing the artware.
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Ras Al Khaimah, often referred to its initials RAK and historically known as Julfar, is the largest city and capital of the Emirate of Ras Al Khaimah in the United Arab Emirates (UAE). The city had a population of 400,000 in 2023, and is the sixth-most populous city in UAE after Dubai, Abu Dhabi, Sharjah, Al Ain and Ajman. The city is divided by a creek into two parts: old town in the west and Al Nakheel in the east.
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