Block Tech to up output by million units

Block Tech of the UAE, a subsidiary of Tech Group, hopes to increase its production base by almost a million units/month with the launch of its third concrete manufacturing plant, which cost AED 60 million (€14.85 million/US$16.34 million). The new factory will serve the growing demand for blocks, interlock and other concrete products in the eastern region
July 9, 2015 Read time: 1 min

Block Tech of the UAE, a subsidiary of Tech Group, hopes to increase its production base by almost a million units/month with the launch of its third concrete manufacturing plant, which cost AED 60 million (€14.85 million/US$16.34 million).

The new factory will serve the growing demand for blocks, interlock and other concrete products in the eastern region

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The company, which last month merged with South Africa’s Lafarge subsidiary, also enjoyed a 12% increase in revenue for the first six months of 2014. Revenue rose to N55.35 billion ($341 million) from N49.48 billion ($305 million) in the preceding year.

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