Al-Dobowi opens 200 million dirham battery plant
Eternity Technologies FZ LLC plant, owned by the Al Dobowi Group, has been launched with an investment of 200 million dirhams ($54.6million). According to the company, it is the Gulf region’s largest industrial battery plant and will design and develop batteries for use in electric fork lift trucks, industrial cleaning machines, access platforms and personnel transport. The plant will be situated in the Ras Al Khaimah Investment Authority (RAKIA) Industrial Park in Al Jazeera Al Hamra and will have the capacity to produce one million 2-volt cells. The company plans to export 85 per cent of its output to global markets including US, Europe and Asia, apart from servicing the UAE and GCC countries.