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RAK Ceramics

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RAK Ceramics P.J.S.C
Company typePublic
Abu Dhabi Stock Exchange (ADX) RAKCEC
IndustryCeramics Manufacturing
Founded1989
FounderSaud Bin Saqr Al Qasimi
Headquarters
Ras Al Khaimah
,
United Arab Emirates
Area served
Asia, Europe and Africa
Key people
Abdallah Massaad
(CEO)
ProductsCeramic tiles, sanitaryware, taps and kitchen fittings, tableware, tile adhesives, interior ancillary products
Websitewww.rakceramics.com

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]

History

[edit]

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]

Ownership

[edit]

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]

Affiliates abroad

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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.

Materials and technology

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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.

Products

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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]

Employees

[edit]

Across global operations RAK Ceramics employs approximately 12,000 staff from more than 40 nationalities.

References

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  1. ^ "How clay shapes industry in the UAE". BBC News. Retrieved 2022-06-07.
  2. ^ a b c d e "Home".
  3. ^ root (2019-10-23). "RAK Ceramics : In Pursuit of Excellence". CEO Monthly. Retrieved 2023-12-17.
  4. ^ "Novaro's glass factory reaffirms RAK's growing stature as a favorite destination of global investors". 7 December 2011.
  5. ^ a b "Home".
  6. ^ https://fcsc.gov.ae/en-us/Lists/D_Reports/Attachments/30/Issue%207%20-%20RAK%20Ceramics.pdf [bare URL PDF]
  7. ^ "Maximus Mega Slabs - Big Slabs for Big Ideas". RAK Ceramics. 2019-05-30. Retrieved 2023-12-17.
  8. ^ "ELIE SAAB collaborates with RAK Ceramics to launch an exquisite bathroom and surface collection". Design Middle East. 2021-11-10. Retrieved 2023-12-17.
  9. ^ "Investor relations – RAK Ceramics". 25 August 2016.
  10. ^ "A Guide to Engineered Materials - Tests, Techniques, and Properties". www.brighthubengineering.com. 2011-10-17. Retrieved 2021-07-10.
  11. ^ Rak Ceramics Upgrades Sustainably its sanitaryware manufacturing model (28 February 2023) corporate.rakceramics.com
  12. ^ "About KLUDI - Kludi GmbH & Co. KG". www.kludi.com. Retrieved 2023-12-17.

3. Ceramic industry make to double turnover by 2021 [1]

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