Mapei closes 2015 with 30 percent revenues growth

Sunday 14 February 2016
Stefano Iannacone, Managing Director of Mapei Construction Chemicals LLC

Dubai - MENA Herald: Mapei, the world leader in the manufacturing of adhesives and chemical products for the building industry, enjoyed yet another year of remarkable growth, closing 2015 with revenues up by 30% versus 2014.
Over the past few years, Mapei Construction Chemicals LLC has recorded constant sales growth, confirming the success of its business model and proving that its products and services are enthusiastically accepted by the market.
Stefano Iannacone, Managing Director of Mapei Construction Chemicals LLC offers a snapshot of last year’s achievements and the projects in the GCC for 2016: “In 2015, our business was extremely healthy. We managed to grow by 30% vs. 2014. In the GCC, we are strategically positioned to respond to local demands. We see growth opportunities in the construction of infrastructures, schools, hospitals, and affordable housing, in addition to the growing regional hospitality industry.
In 2016, we will focus on strengthening our market presence in KSA, Kuwait and Oman by enhancing our existing sales channels and by reinforcing the ties we already have with the major regional players.
We also plan to expand our warehouse and production facilities by adding an additional warehouse, and we will begin the construction of a Regional Head Office. Both investments will be carried out at our Dubai Investment Park DIP facility.”
From its Dubai facility, Mapei serves the entire GCC, Pakistan and selected countries in East Africa.
In Saudi Arabia, the company is currently working on a project involving the waterproofing of Riyadh’s new underground Line 3, the longest line of the giant underground project of the Saudi Arabian capital.

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