Raccortubi has opened a 20,000-sq-ft warehouse within Hamriyah Free Zone Authority (HFZA) in Sharjah as part of its regional expansion strategy.
A subsidiary of Italian multinational Commerciale Tubi Acciaio, Raccortubi has been operating in the UAE since 2013. It is a global player in the production of pipes and fittings in stainless steel, duplex, super duplex, Ni alloy, and titanium.
The new AED 25M (USD 6.8M) facility is set to support oil and gas projects in the region, thus leveraging its advanced infrastructure and strategic location to reach a global market.
The warehouse and its state-of-the-art logistics operations and advanced transportation equipment are designed to optimise efficiency in the storage and distribution of the company’s products.
This showcases the diversity of foreign investments that Hamriyah Free Zone actively seeks to attract with the integrated package of services along with its strategic location and comprehensive logistics.
