Middle East’s Top 10 Manufacturing Companies to Watch in 2024 February2024

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V Anandkumar, Subrato Saha Co-Promoter & Director AquaChemie
The manufacturing process is really just a series of small decisions that when put together can make a big impact.
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Company Name

Al Ghurair GroupGulf Extrusions alghurair.com

AquaChemie aquachemie.com

Featuring

Subrato Saha & V Anandkumar Co-Promoter & Director

DiNovA Israel dnamedtech.com

Haama Group haama.com

Tamir Nahmias Head of Business Development

Tal Wolmark Markeng Execuve

Hempel A/S hempel.com

Chris Sharkey Sales Director

Julphar julphar.net

Basel Ziyadeh CEO

Kansai Paint kps.sg

Kuwait Saudi Pharmaceucals Industries Company kspico.com

Medtechnica medtechnica.co.il

United Foods Company(PJSC) unitedfoods.ae

Nmezi Jagaz CEO

Rashed Khazal Chairman and Managing Director

Boaz Yehezkel CEO Fethi Khiari CEO

Descripon

Dubai-based Al Ghurair Group is a diversified family-owned conglomerate with interests in manufacturing, real estate and financial investments and an expanding global presence.

AquaChemie is a leader in the chemical manufacturing, sales, and services domain with a penchant for excellence that’s championed by proven domain knowledge and outstanding thought leadership.

DiNovA Israel Incubator was founded in April 2020, to promote cung-edge medtech technologies, especially digital health innovaons, by bridging the Israeli medtech engineering talent with the China market.

With vast experience and cung-edge technology, Haama Group is the go-to desnaon for Texle and Insulaon businesses seeking a truly comprehensive soluon.

Hempel is a global company with strong values, working with customers in the decorave, marine, infrastructure and energy industries. Hempel factories, R&D centres and stock points are established in every region.

The Julphar story is one of innovaon and leadership. Since the journey began in 1980, the goal has remained the same –to bring beer healthcare and a brighter future to families across the globe.

Kansai Paint is a leading Japanese paint manufacturers. They offer a wide range of high-quality paint products for various purposes such as interior, exterior, and automove paint.

Kuwait Saudi Pharmaceucals Industries Company is a leading pharmaceucal company specializing in the development, manufacture and markeng of pharmaceucal products.

Founded in 1953, Medtechnica brings breakthrough and innovave medical technologies to improve people’s quality of life.

United Foods Company became a pioneer by inaugurang the first refinery for edible oils and fats in the GCC countries.

In2024,theMiddleEast’smanufacturingsectorwill continuetobeahubofinnovationandgrowth,with severalstandoutcompaniesleadingthecharge.This editorialnotehighlightstheMiddleEast’sTop10 ManufacturingCompaniestoWatchin2024inthe regionthatarepoisedtomakesignificantstridesinthe comingyear

Middle

Thesecompaniesrepresentadiverserangeof industries,includingautomotive,aerospace, pharmaceuticals,andconsumergoods. Fromcutting-edgetechnologyto sustainablepractices,eachcompany demonstratesexcellenceintheir respectivefieldsanda commitmenttodriving positivechange.

Eastern M an u f a c gnirut

pihsredaeL

Astheglobaleconomy evolvesandnewchallenges emerge,thesecompanies areattheforefrontof shapingthefutureof manufacturingintheMiddle East.Whetherthrough groundbreakingresearchand development,strategic partnerships,orinvestmentin talentandinfrastructure,theyare drivinginnovation,creatingjobs, andcontributingtoeconomicgrowth intheregion.

Fromestablishedgiantstoup-and-coming startups,theMiddleEast’smanufacturinglandscapeis dynamicandevolvingrapidly

Thiseditorialnoteservesasaspotlightonthecompanies thataremakingwavesandsettingnewstandardsof excellenceintheindustry.Keepaneyeonthesetop10 manufacturingcompaniesastheycontinuetomake headlinesandinspirethenextgenerationofinnovators intheMiddleEast.

AquaChemie

Transforming the Chemical Industry through Excellence, Expertise, and Innovation

The Rise of the Machines

How Automation is Changing the Face of Manufacturing

The Future of Manufacturing

How Technology is Transforming the Industry

ON
Coverstory
38.
26.

NTENTS

Gulf Extrusions

Extracting Amenities for Multi-National Growth

DiNovA Healthcare

Disrupting MedTech with Cutting-edge Technologies

Haama Group

Shaping the Landscape of Sustainable and Fashionable Products

Driving Growth through Sustainable Innovation in Paint Manufacturing

Hempel A/S
United Foods Company (PJSC) Delivering Premium Quality Food Products Since
1976
V Anandkumar, Subrato Saha Co-Promoter & Director AquaChemie
Success is not how high you have climbed, but how you make a positive difference to the world.
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February, 2024 www.insightssuccess.com 16 Middle East’s Top 10 Manufacturing Companies to Watch in 2024
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Leadership is the capacity to translate vision into reality.
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DiNovA Healthcare

Disrupting MedTech with Cutting-edge Technologies

TheadvancementsinMedTechtechnologiesholdthe promiseofmoreaccuratediagnosticsandimproved patientengagement.Intheeraofhealthcare transformation,cutting-edgeMedTechtechnologyisthe keytounlockingafuturewherehealthcareisnotonlymore effectivebutalsomoreaccessibleandpatient-centric.

DiNovAHealthcareisamedicaldeviceholding corporationthataimstobealeadingplayerintheMedtech industry.Dinovawasestablishedin2009inHangzhou, China,bytwoentrepreneurs,MichaelZhaoandEricZi; eachoneofthemhasarichbackground;theyestablished Lifetechandtookitpublic.

TamirNahmias,theHeadofBusinessDevelopmentat Dinova,assumesanessentialroleinthecompany’sgrowth andstrategicinitiatives.TaskedwithexpandingDinova’s networkandcultivatingnewopportunities,Tamirfocuses onmarketdevelopmentinEuropeandIsrael.Inadditionto spearheadingexpansionefforts,heworkscloselywith emergingportfoliocompanies,guidingthemintheefficient productionoftheirproductswhilemanagingcosts effectively Tamirbringsawealthofexperienceand expertisetohisrole,playingakeypartinshapingDinova’s successintheglobalmarketplace.

LeveragingtheEcosystem

DinovaisfocusingonCardiovasculartreatmentswith companieslikeValgen,VenusMedTech( and 2500.HK), morecardiovascularcompanies.Inrecentyears,therehave beenmoreareasofinterestforDinova,suchaslung diseases,withcompanieslikeBroncusHoldings(HKG: 2216)

Through our initiatives, we continue to reinforce our position as a leader in the manufacturing landscape, both domestically and on the global stage.

Ultimately,Dinovareachestalentsfromallovertheworld toeventuallyfindthebestdesignsandinventionsandlet themleveragetheecosystemitcreatedinChinaforfaster andmoreefficientdevelopmentandmarketaccess.

Dinovaadoptsaproactiveapproachtotechnologyadoption. Thecompanyisstrategicallypositionedtointroducenew technologiesinChinaconcurrentlywithorevenbeforethe initiationofapprovalprocessesinotherterritories.

AStrategicHubOfferingDiverseBenefits

Recognizingtheuniqueadvantagesofmedicaldevice manufacturing,Dinovaenvisionsapromisingfutureforthis industryintheMiddleEast.Theintricatenatureofmedical deviceproductiondemandsarobustecosystemcapableof meetingbothfacilityandproceduraldemands.TheMiddle East,comprisingcountriesincloseproximity,emergesasa strategichubofferingdiversebenefits.

Inthislandscape,Israelstandsoutforitsleadershipinthe designandconceptualstagesofmedicaldevice

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development.Demonstratingaprowessforsolving complexproblemsthroughcutting-edgetechnologies,Israel positionsitselfasafrontrunnerininnovation.However, challengesariseinthescalingphase,attributedtohighcosts associatedwithlandandsalaries.Despiteitsexcellencein conceptualization,theregionfaceslimitationsin maximizingscalingopportunitiesduetothesefinancial constraints.

Dinovaremainsattentivetothedynamiclandscapeof medicalmanufacturing,recognizingthepotentialof leveragingadvantagesacrossvariousMiddleEastern countriestodriveinnovation,scalability,andeconomic viabilityintheevolvingglobalmarket.

PioneerinCutting-edgeProductionCapabilities

Thecompanystrategicallyleveragesitsexpertiseininhousemanufacturing.Dinova’sportfoliocompaniesbased inChinaboaststate-of-the-artmachineryforbraidingand catheterization,positioningitattheforefrontofcuttingedgeproductioncapabilities.Thisstrategicadvantagenot onlyreflectsDinova’scommitmenttoqualitybutalso highlightsitsdedicationtostayingattheforefrontof technologicaladvancementsinthefield.Throughthese initiatives,Dinovacontinuestoreinforceitspositionasa leaderinthemanufacturinglandscape,bothdomestically andontheglobalstage.

Thecompanyoperateswithinahighlyadvancedregulatory framework,particularlyintermsofenvironmental responsibility.Giventhenatureofitsproducts,whichare designedforusewithinhumanbloodvessels,thecompany adherestostringentstandardsthroughoutitsoperations.

Dinovaisaccustomedtonavigatingandcomplyingwith comprehensiveregulationsthatextendacrossvariousfacets ofitsoperations.Theseencompassrigorousguidelines coveringeverythingfromthedisposalofwastetothe handlingofchemicals,aswellastheconductofits employees.Thecompanyhasestablishedaculturethat prioritizesadherencetothesestrictenvironmental standards,recognizingtheimportanceofmaintainingthe highestlevelofsafety,quality,andethicalpracticesintheir industry

BringingNewestInnovations

Intheyear2023,amidsttheaftermathofatwo-yearbattle withtheCOVID-19pandemicandnearlyoneyearpostpandemic,Dinova,undertheleadershipofHeadof

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Dinova

BusinessDevelopmentTamirNahmias,isstrategically shiftingitsfocustowardsthemarketlaunchofitslatest products.Themedicaldeviceindustry,knownforitslongterminvestmentcycles,demandssubstantialfinancial commitmentwithaprolongedgestationperiodof6-8years beforeproductscanbebroughttomarket.

Withakeenunderstandingofthisindustrydynamic, Dinovaischannelingitseffortsintobringingitsnewest innovationstomarketfollowingtheattainmentof regulatoryapproval.Thisstrategicmoveispivotalnotonly forgeneratingrevenuebutalsoforfacilitatingcontinued researchanddevelopmentforthenextgenerationof medicaldevices.Bycapitalizingonthecurrentmarket opportunities,Dinovapositionsitselftosecurethe resourcesnecessarytofuelongoingadvancementsin medicaltechnology.

Themanagementofdiverseportfoliocompaniesposesa uniquechallengeduetotheirdistinctrequirementsinthe

realmofsupplychainlogistics.Eachcompanyunderthe Dinovaumbrellahasspecificneeds,necessitatingatailored approachtounitethesediversedemandswithinacohesive system.

FosteringaRobustSupplyChainEcosystem

Recognizingthecomplexityinherentinthesupplychain, Dinovahasimplementedastrategythatreliesonlocal suppliers,supplementedbyasecondarysource,toensure resilience.Aforward-thinkingapproachinvolvesstrategic planning,withaproactivestanceonsecuringcomponents wellinadvance,particularlyforthosewithoutexpiration dates.Thismeticulouspreparationminimizespotential disruptionsandfostersarobustsupplychainecosystem acrossthediverseportfolio.

WithinDinova,acommitmenttohighemployment standards,safety,andconduciveworkingenvironmentsfor manufacturingpersonnelisevidentacrosstheportfolio companiesinChina.Dinovastandsoutasanexemplary workplace,providingitsworkforcewithprofessional trainingandampleopportunitiesforcareeradvancement.

ExpandingCollaborationandUnlockingOpportunities

Notably,Dinovahasestablishedaninnovationcenterin Israel,whichisindicativeofthecompany’sstrategicvision fortheregion.Thecompanyrecognizesthepotentialfor regionalcollaboration,envisioningjointdevelopment projectsoraninnovationhubthatspansmultiplecountries. Thisforward-thinkingapproachaimstoleveragetheunique strengthsandadvantageseachcountryintheregionoffers. Onapersonallevel,TamirNahmiasseestheMiddleEastas areservoirofimmensepotential.Heenvisionsexpanding collaboration,unlockingopportunitiesforjointventures, andestablishinganinnovationhubthatharnessesthe strengthsofvariouscountriesintheregion.Israel,inhis view,canplayapivotalroleasthegatewaytoinnovation, servingasacentralforceindrivingregionalprogress.

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Leadership is not about being in charge, Its about taking care of those in your charge.
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How Automation is Changing the Face of Manufacturing

Automationisrevolutionizing themanufacturingindustry, reshapingtraditional productionmethods,anddriving unprecedentedlevelsofefficiency, productivity,andinnovation.From roboticarmsassemblingproductson thefactoryfloortoAI-powered systemsoptimizingsupplychains,the riseofautomationistransformingthe waygoodsaremade.

In this article, we delve into the various ways automation is changing the face of manufacturing and explore the implications of this technological shift!

TheEvolutionofAutomation

Automationinmanufacturinghasa longhistory,datingbacktothe IndustrialRevolutionwiththeadvent ofsteam-poweredmachinery.Overthe years,advancesintechnologyhaveled tothedevelopmentofincreasingly sophisticatedautomationsystems,from mechanicalconveyorbeltsto computer-controlledmachines.Today, automationencompassesawiderange oftechnologies,includingrobotics, artificialintelligence,machine learning,andtheInternetofThings (IoT).

RoboticsinManufacturing

Roboticautomationisperhapsthe mostvisibleandwidelyadoptedform ofautomationinmanufacturing. Industrialrobotsareprogrammable machinesdesignedtoperformtasks withspeed,precision,andreliability. Theserobotsareusedforavarietyof applications,includingassembly, welding,painting,palletizing,and packaging.

Oneofthekeyadvantagesofrobotic automationisitsabilitytohandle repetitive,dangerous,orphysically demandingtasks,freeinguphuman workerstofocusonmoreskilledand creativeactivities.Collaborative robots,orcobots,arearecent innovationthatcanworksafely alongsidehumans,enablingcloser human-robotcollaborationand flexibilityinproductionprocesses.

AdvancementsinArtificial Intelligence

Artificialintelligence(AI)isplaying anincreasinglyimportantrolein manufacturing,enablingmachinesto performcognitivetaskstraditionally reservedforhumans.AIalgorithmscan analyzevastamountsofdata,identify

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The Rise of the Machines February, 2024 www.insightssuccess.com 27

patterns,andmakeintelligentdecisions tooptimizeproductionprocesses.For example,AI-poweredsystemscan optimizeproductionschedules,predict equipmentfailures,anddetectquality defectswithgreateraccuracyand efficiencythanhumanoperators.

Machinelearning,asubsetofAI, enablesmachinestolearnfrom experienceandimprovetheir performanceovertime.Thisallows manufacturingsystemstoadaptto changingconditions,optimize parameters,andcontinuouslyimprove productivityandquality.AsAI technologycontinuestoadvance,we canexpecttoseefurtherintegrationof intelligentautomationsystemsacross themanufacturingvaluechain.

TheInternetofThings(IoT)in Manufacturing

TheInternetofThings(IoT)connects machines,sensors,anddevicesinthe manufacturingenvironment,enabling real-timemonitoring,control,and optimizationofproductionprocesses. IoT-enableddevicesgatherdataon equipmentperformance,energy consumption,andproductquality, providingvaluableinsightsintothe operationofmanufacturingsystems.

ByleveragingIoTtechnology, manufacturerscanachievegreater visibility,efficiency,and responsivenessintheiroperations.For example,predictivemaintenance systemsuseIoTdatatoanticipate equipmentfailuresbeforetheyoccur, enablingproactivemaintenanceand minimizingdowntime.Similarly,IoTenabledsupplychainmanagement systemscantrackinventorylevels, optimizelogistics,andenhance demandforecasting,leadingto improvedefficiencyandcostsavings.

ImplicationsfortheWorkforce

Whileautomationoffersnumerous benefitsintermsofefficiencyand productivity,italsoraisesconcerns aboutitsimpactontheworkforce. Criticsarguethatautomationcould leadtojobdisplacement,asmachines replacehumanworkersincertaintasks. However,proponentsofautomation arguethatitcanalsocreatenewjob opportunitiesandenhancetheskills andcapabilitiesoftheworkforce.

Moreover,automationcanimprove workingconditionsbyeliminating dangerousorphysicallydemanding tasksreducingtheriskofworkplace injuriesandaccidents.Byfreeingup humanworkerstofocusonmore creativeandvalue-addedactivities, automationcanalsoleadtohigherjob satisfactionandemployeeengagement.

In conclusion, Theriseofautomation istransformingthefaceof manufacturing,drivingunprecedented levelsofefficiency,productivity,and innovation.Fromroboticarmsonthe factoryfloortoAI-poweredsystems optimizingsupplychains,automation isrevolutionizingthewaygoodsare made.Whileautomationpresents challengesintermsofworkforce displacementandskillrequirements,it alsoofferssignificantopportunitiesfor economicgrowth,jobcreation,and improvedworkingconditions. Embracingautomationwillbecrucial formanufacturerstostaycompetitive inanincreasinglydigitaland interconnectedworld.

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Success consists of going from failure to failure without loss of enthusiasm. - Winston Churchill

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February, 2024 www.insightssuccess.com 30 Middle East’s Top 10 Manufacturing Companies to Watch in 2024

Themanufacturingindustryisresource-intensive, oftenrelyingonlargequantitiesofrawmaterials, energy,andwater.Byadoptingsustainable practices,companiescancontributetoglobalconservation, ensuringthatthesevaluableresourcesareusedefficiently andresponsiblytominimizeenvironmentalimpact.

Establishedin1964,HaamaGroupstandsasapioneering forceintherealmofsustainableproductdevelopment, particularlyastheonlyOne-stopshopcompanyinitsarea. Thecompany’sjourneytoexcellencehasbeenmarkedby thecollaborationofthecompany’screativeand professionalteamwithEuropeanexperts,contributingto theacquisitionofinvaluableknow-howandcutting-edge productionequipment.

HaamaGroupisdedicatedtothecreationofinnovative, sustainableproductsforadiverseclientele.This commitmentisreflectedintheircooperativeeffortswith renownedbrands,aimingtodeliveroptimalsolutionsthat seamlesslyblendsustainabilitywithfashion.

FacilitatingSeamlessCollaboration

AttheheartofHaamaGroup’sethosisitsdedicationto incorporatingrecycledmaterialsacrossalldevelopments, beitinthetextileorbuildingmaterialssectors.Leveraging itsextensiveexpertiseingarmentproduction,thecompany consistentlygeneratesfreshideas,bothtechnicaland fashionable,toensurethesuccessofitsesteemed customers.

Recognizingtheimperativeforbothcreativityand sustainability,HaamaGroupactivelyengagesinthe developmentoffullytraceableproducts,fosteringasense oftrustthatresonateswitheverybrandandcustomer PositionedinproximitytoEuropeandfortifiedbyenduring agreementswiththeUSAandCanada,thecompanyensures duty-freebenefits,facilitatingseamlesscollaborationforall stakeholders.

Inalignmentwithitscommitmenttosustainability,Haama Groupcollaboratescloselywithsuppliers,mandatingthe inclusionofonlycertifiedsustainablematerialsand chemicalsmeticulouslyverifiedbyofficiallaboratories.The companyisattheforefrontofinnovation,engagingin ongoingdiscussionswithglobalpioneerstospearheadthe creationofcutting-edge,eco-friendlyalternativeswithinits specializeddomain.

PursuitofaSustainableandResponsibleFuture

HaamaGroupremainsvigilant,activelyaddressingthe imperativetousemostoftheenergyneededforits productionfromthesun,reduceenergyconsumption,avoid wastage,andconservewaterresourcesinresponsetothe criticalchallengesposedbyclimatechange.These considerationsareintegraltothestrategicplanningofthe company’sforward-thinkinginitiatives,ensuringaholistic approachthatnotonlymeetsthedemandsofthepresentbut alsocontributestoasustainableandresponsiblefuture.

HaamaGroupplacesapremiumonsustainability,utilizing predominantlyrecycledmaterialsandexclusively employingeco-friendlychemicalsinthemeticulous engineeringoftheircollections.Thecompany’sethos revolvesaroundadedicationtotransparencyand innovation,underscoringthebenefitsofitsproducts throughcomprehensiveexposure.

PrioritizingInnovation

HaamaGroupactivelyengageswithcustomerstofacilitate collaborationandstrengthenpartnerships,recognizingthe intrinsicvalueofexperttechnicalsupport.Thecompany operateswithinaframeworkthatnotonlyshowcasesits innovationsbutalsofosterscreativitywithinitsteam,a synergythatismutuallyrecognizedandappreciatedbyits esteemedbusinesspartners.

TheGroupworksintandemwithmanufacturersand brands,ensuringaharmoniousflowofoperations.The collaborativeapproachextendstotheexchangeofforecasts, allowingformeticulousplanningthatminimizesthe likelihoodofgapsorshortages.Proactively,HaamaGroup communicatesforeseeablechangesorpotentialshortagesto customers,empoweringthemtoanticipateandfind effectivesolutionswellinadvance.Thisproactiveand collaborativeethosunderscoresthecompany’scommitment todeliveringvalueandreliabilitythroughoutits engagementswithmanufacturers,brands,andcustomers alike.

SettingtheHighestBenchmarksofExcellence

OperatingundertheISOandOekoTexcertificatesWRAP safetyprotocol,andaswellasprovidingtraceabilityofthe products,HaamaGroupmaintainsrigorousquality standards,ensuringthatallaspectsofproductionadhereto thehighestbenchmarksofexcellence.

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Equippedwithanon-sitelaboratory,thecompanyconducts thoroughtestingtoguaranteethequalityofitsproducts.

AtHaamaGroup,acultureofopencommunicationand collaborationthrives,asemployeesareactivelyencouraged toexpresstheirideasacrossvariousdomains,fosteringa senseofinclusivityandinnovation.Thecompany recognizesthatcreativityknowsnobounds,valuingeven thesmallestcontributionsthatcanenhanceprocessesor inspirenovelsolutions.

FosteringaCollaborativeEnvironment

Havingfullcontroloveritsprocesses,HaamaGroup facilitatesdirectdiscussionswithinallmanagementteams ateveryorganizationaltier Thisensuresthatinsights,ideas, andfeedbackareintegratedatalllevels,contributingtoa dynamicandresponsiveorganizationalstructurethat leveragesthecollectiveexpertiseofitsworkforce.This

holisticapproachtomanagementunderscoresHaama Group’scommitmenttoquality,innovation,andemployee engagement.

Thegrouphaslatelyestablishedastate-of-the-artknitting fabricsfactory,whichisevidenceofitsdedicationto innovationandgrowth.Concurrently,significant investmentsarebeingmadeincutting-edgeequipmentfor diverseproductionlines,underscoringthecompany’s commitmenttostayingattheforefrontofindustry advancements.

Inaforward-thinkingapproach,HaamaGroupengagesin dynamiconlinediscussionswithitspartners,fosteringa collaborativeenvironmenttoexchangeandimplementnew ideas.Thiscommitmenttoopencommunicationensures thatthecollectiveintelligenceofthecompanyandits partnersisharnessedformutualsuccess.

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The future of manufacturing is digital, and it's happening now. ,, www.insightssuccess.com
February, 2024 www.insightssuccess.com 34 Middle East’s Top 10 Manufacturing Companies to Watch in 2024

Inresponsetotheincreasingglobalawarenessof environmentalimpact,paintmanufacturersare adoptingsustainablepractices.Throughouttheentire productionprocess,fromthesourcingofrawmaterialsto thefinalproduct,theindustryisactivelyengagedinefforts tominimizeitsecologicalfootprint.Thiscommitment underscoresacollectivededicationtoenvironmentally responsiblepracticeswithinthepaintmanufacturingsector.

HempelA/Sisarenownedcompanythatiscommittedto sustainabilityinitsinnovativeproductsandinitiatives;with abroadportfolioofproductsthatcontributetothe protectionandlongevityofassets,thecompany’s dedicationtoinnovationpositionsitasasignificantplayer intheglobalmarket.

Hempelholdsauniquepositionintheindustrywitharich historydatingbacktoitsfoundingin1915.Operatinginthe Marine,Energy,Infrastructure,andDecorativesegments, thecompanyhasasignificantpresenceintheMiddleEast. AstheSalesDirectorfortheInfrastructuresegmentinthe region,ChrisSharkeyleadsadedicatedteamfocusedon achievingsalestargetsandmarketgrowth.

ChrisisHempel’ssalesdirectorintheMiddleEastforthe Infrastructuresegment.Heisresponsibleforbuilding, training,andleadingateamofsalesmanagersandsales executivesaroundtheMiddleEasttodeliverontheirsales targets.Alargepartofhisroleisdevelopingsalesstrategies andimplementingthesestrategiestogrowHempel’sshare ofthemarketandmarginintheInfrastructuresegmentin theMiddleEast.ChrishasbeenwithHempelfor15 yearsnowandhasenjoyedgrowingwiththe companyoverthistime.

OmnipresenceofHempel

HempelGroupisapaintmanufacturer withauniqueownershipstructure. Hempelwasfoundedin1915bythe entrepreneurJCHempelin Copenhagenandservedthemarine industryinDenmark.Asthemarine industrygrewandbecameglobal, Hempelgrewaroundtheworld. HempelGroupoperatesgloballyinthe Marine,Energy,Infrastructure,and Decorativesalessegments.

HempelGroupisownedbytheHempel Foundation.TheHempelFoundationisa

commercialfoundationdedicatedtomakingadifference. TheFoundationisthesoleshareholderoftheHempel Group–aworld-leadingsupplierofcoatingsforman-made structures–andacommittedphilanthropistwithinthefields ofeducation,sustainablecoatingstechnology,sustaining biodiversity,andrealizinggreatinitiativesthatbringabout positivechange.

In2020Hempeldevelopedthedoubleimpactstrategy, whichstatesthatitwilldoubleitsturnoverby2025to3bn Euro.Thecompanyaimstodothisbyfocusingon4key pillars:SegmentLeadership,TrustedPartner,Sustainability Leader,andScalableOperations.Hempelselectedthese pillarstoreflectitscorevaluesandfeedbackprovidedby customers.Inparticular,sustainabilityintheMiddleEastis becomingmoreandmoreimportanttocustomersinall segments.Thereisamarketshiftfromwhatwasapassive interestinsustainabilitytosustainabilitybeingatthecore ofmanyofitscustomers’operations.

KeepingSustainabilityandInnovationattheHeart

HempelGroupisconstantlyinnovatingandseekingnew technologiestomovetheindustryforward.Aspartofthis, HempelFoundationfundsseveralresearchprojectsat universitiesinDenmarkandaroundtheworld.Thishelpsto ensureHempelremainsatthecuttingedgeoftechnology advancementsandhasgivenrisetoHempelholdingseveral

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patentsfornoveltechnologyassociatedwithpaintsand coatings.AcoupleofexamplesofthisareAvantguardactivatedzinc-richepoxytechnologyandsmartpaint,a coatingsystemthattellsassetownerswhenandwhere corrosionmaybeaffectingasteelstructure.

Anchoringsustainabilityasoneofthe4pillarsinHempel’s strategyhelpstoensureitisattheheartofwhatthe companydoes.Hempelfirmlybelievesthatitwillsucceed asabusinessonlyifitplacessustainabilityatitsheart.Not onlyisittherightthingtodo,butitwillalsostrengthen Hempel’scompetitiveposition,makeitmoreresilient,and reduceitsrisk.

Hempel’ssustainabilitystrategyiscalledFutureproof.

FutureproofistheframeworkthroughwhichHempelwill deliveritsstrategicgoalofsustainabilityleadership. Buildingonitsprogresstodate,thecompanyhasstarted withitsstrategicaljourney

Hempel’sambitionistoradicallyadvanceenvironmental andsocialperformancesothatthecompany,customers,and employeesthrivenowandinthefuture.Hempelaimsto keepworkinguntilsustainabilityisattheheartof everythingitdoes.

StrivingforGreaterProjectReach

SegmentleadershipisattheheartofHempel’sstrategy, whichisunderpinnedbyacoreproductassortmentwith best-in-classmaterials.Thecompanyhaschosentoengage withcustomersatalllevelsofthevaluechain,including buyingandnon-buyingaccounts.Thishelpsinmakingall stakeholdersawareofHempel’suniqueproductsand services.Ithasdeveloped,patented,andisselling ®Avantguard activatedzinc-richepoxyandHempaguardX7 andX8,whichareallmarket-leadingsolutions.Hempel alsohasacomprehensiveglobalpassivefireprotection offer,whichcomplementsitsexistingcoatingsoffer, openingnewopportunitiesforgreaterprojectreach. Sustainabilityisagrowingfocusinthebuildingand constructionsegment,andHempel’swaterborneandGreen BuildingSchemesolutionsaddvaluetoitscustomersin reachingtheirsustainabilitygoals.

Hempel’ssupplychainismanagedasaglobalconcept.Its ERPsoftwareisalignedgloballyandensuresfull transparencythroughouttheorganization.Hempelhastaken theviewthatfactoriesarenecessaryinmostcountriesinthe GCC.Thishelpstoensureitsmaterialsareeasytoaccess forcustomersandhas(overtheyearsofconsistent,reliable supply)ledtocustomershavinggreatconfidencein Hempel’sabilitytosupplytheirprojectsintheMiddleEast. Hempeloperateswithhundredsofapprovedmaterialsand considerssuppliersaspartners,notsimplysuppliers.

Thisensuresthecompanygetsthebestcommercialterms andoptimizedprioritizationwhenrawmaterialssupplies arepressured.Hempeloperatesconceptslikeafiveboxanalysisoffailuresinitssystemstoensureit learnswhenthingsdon’tgotoplan.Thecompany alsooperatesconceptslike6Stoensureits factoriesandofficesarecleanandtidyand optimizedforefficiency.Continuous improvementisatthecoreofalloperationsin Hempel,whichhelpsingettingthebestoutof peopleandprocesses.

MaintainingInternationalStandards

Hempelhasarobustqualitymanagement systemandqualitycontrolprocesses.This processisanchoredintheRegional Managementteam,andregularreviewsare conductedtoensurethedocumentedprocessesare rd beingfollowed.Hempelemploys3 party certificationbodiestocertifyitsfactoriesandprocesses

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forquality,safety,andenvironmentalimpact.It usestheseorganizationstotestandvalidatethe productstoperformtointernationalstandardsand,as such,willperformasitscustomersexpectthemto.

“Hempel has an expert people and culture team with competencies to support its teams.”

ThereisanannualcycleofcommunicationwithP&Cin whichallemployeesinHempelmustparticipate.Thewheel involvesaformal1-2-1withmanagers,talentreviews wherehigh-potentialtalentisidentified,andanannual salaryreview.Inadditiontothis,allemployeesaresurveyed eachyeartounderstandhowtheyfeelaboutHempeland theirmanager Actionsaretakenbasedonthefindingsof thissurvey,whichallocatesanetpromotorscoretoevery teaminHempel.

NavigatingChallengeswithaGrowthMindset

Havingalargeanddiverseoperationalfootprinthasbeen highlybeneficialtoHempelovertheyears.Forexample, whenthediplomaticcrisisbetweenUAE,Saudi,Egypt,and Qataroccurredin2017,theimpactonHempelwas minimizedbyhavingfactoriesinKuwait,Saudi,Bahrain, Qatar,Oman,andUAE.Adiverseselectionofrawmaterial supplierswasonhandtoensurematerialscouldreachall Hempelfactoriesinspiteofcertainkeybordersclosing

withoutwarning.Hempelhasapositive‘growth’ mindset/culturethatunderpinsitsapproachtochallenges.

SustainabilityremainsadefiningpillarofwhoHempelis. Thecompanycontinuestosatisfyitscustomers,partners, andthemarket’sneedsformoresustainablesolutions–for example,throughitsAvantguard®anti-corrosion technology,aswellasthroughGreenBuildingschemesand certifications.

Customersremainatthecoreofitsinspirationand motivation.Hempelcontinuestoworktodevelopaposition asthebestsupplieracrossallindustriesinwhichitoperates throughtrustedpartnershipsandthelaunchofnewproducts andtechnologies.

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TH Technology is Transforming the Industry

hemanufacturingindustryis undergoingaprofound transformationdrivenby advancementsintechnology.From automationandroboticstoartificial intelligenceandtheInternetofThings (IoT),theseinnovationsarereshaping thewaygoodsareproduced,making processesmoreefficient,flexible,and sustainable.Further,wedelveintothe variouswaystechnologyis revolutionizingmanufacturingand explorethefuturelandscapeofthe industry.

AutomationandRobotics

Oneofthemostprominenttrendsin manufacturingisthewidespread adoptionofautomationandrobotics. Thesetechnologiesarestreamlining productionprocesses,reducinglabor costs,andimprovingproductivity. Robotsareincreasinglybeingusedfor tasksthatarerepetitive,dangerous,or requireahighdegreeofprecision. Withadvancementsinmachine learningandcomputervision,robots arebecomingmoreintelligentand capableofperformingcomplextasks alongsidehumanworkers.

Collaborativerobots,orcobots,are anotherinnovationthatisgaining

tractioninmanufacturing.Theserobots canworksafelyalongsidehumans, enhancingefficiencyandsafetyinthe workplace.Byautomatingroutine tasks,manufacturerscanfreeup humanworkerstofocusonmore value-addedactivities,suchas problem-solvingandinnovation.

AdditiveManufacturing

Additivemanufacturing,alsoknownas 3Dprinting,isrevolutionizingtheway productsaredesignedandproduced. Unliketraditionalmanufacturing methods,whichinvolvesubtracting materialfromasolidblock,additive manufacturingbuildsobjectslayerby layerfromdigitaldesigns.Thisenables manufacturerstocreatecomplex geometriesandcustomizedproducts withunprecedentedspeedand precision.

Theapplicationsofadditive manufacturingarediverse,ranging fromrapidprototypingandtoolingto theproductionofend-usepartsacross variousindustries.Byeliminatingthe needformoldsandtooling,3D printingcansignificantlyreducelead timesandcosts,makingitanattractive optionforsmall-batchandon-demand manufacturing.

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Asthetechnologycontinuesto advance,wecanexpecttoseefurther improvementsinmaterials,processes, andscalability,unlockingnew possibilitiesforinnovationin manufacturing.

ArtificialIntelligence

Artificialintelligence(AI)isplaying anincreasinglyimportantrolein manufacturing,enablingpredictive maintenance,qualitycontrol,and processoptimization.Byanalyzing vastamountsofdatainrealtime,AI algorithmscanidentifypatterns,detect anomalies,andmakedata-driven decisionstooptimizeproduction processes.

Predictivemaintenance,forexample, usesAI-poweredalgorithmsto anticipateequipmentfailuresbefore theyoccur,allowingmanufacturersto schedulemaintenanceproactivelyand minimizedowntime.Similarly,AIbasedqualitycontrolsystemscan inspectproductswithgreateraccuracy andefficiencythanhumaninspectors, ensuringconsistentqualitystandards.

Furthermore,AIisdrivingadvancesin predictiveanalyticsanddemand forecasting,enablingmanufacturersto anticipatemarkettrends,optimize inventorymanagement,andrespond quicklytochangingcustomerneeds.

InternetofThings(IoT)

TheInternetofThings(IoT)is connectingmachines,sensors,and devicesacrossthemanufacturing environment,creatinganetworked ecosystemknownastheIndustrial InternetofThings(IIoT).Bygathering real-timedatafromequipmentand processes,IIoTsystemsenable manufacturerstomonitorperformance, optimizeefficiency,andimprove decision-making.

Forexample,sensorsembeddedin machinescancollectdataon temperature,vibration,andenergy consumption,providinginsightsinto equipmenthealthandperformance.By analyzingthisdata,manufacturerscan identifyinefficiencies,prevent breakdowns,andoptimizemaintenance schedules.

Furthermore,IIoTplatformscanenable seamlesscommunicationand collaborationacrosstheentiresupply chain,fromsuppliersand manufacturerstodistributorsand customers.Thisfacilitatesreal-time visibility,traceability,and responsiveness,drivinggreateragility andresilienceinmanufacturing operations.

AugmentedRealityandVirtual Reality

Augmentedreality(AR)andvirtual reality(VR)technologiesare transformingmanufacturingby enhancingtraining,design,and maintenanceprocesses.ARoverlays digitalinformationontothephysical world,enablingworkerstovisualize instructions,schematics,anddatain realtime.VR,ontheotherhand, createsimmersivesimulated environmentsthatcanbeusedfor training,designvalidation,andremote collaboration.

Inmanufacturing,ARandVRare beingusedfortaskssuchasassembly instructions,equipmentmaintenance, andremoteassistance.Byproviding interactiveguidanceandvisualization tools,thesetechnologiescanimprove accuracy,efficiency,andsafetyinthe workplace.Moreover,ARandVRcan facilitatevirtualdesignreviews, enablingengineerstovisualizeand validateproductdesignsbeforethey arephysicallyprototyped.

Conclusion

Thefutureofmanufacturingisbeing shapedbytechnology,with innovationssuchasautomation, additivemanufacturing,artificial intelligence,IoT,andAR/VRdriving unprecedentedlevelsofefficiency, flexibility,andsustainability Asthese technologiescontinuetoevolve,we canexpecttoseefurtheradvancements inareassuchaspredictiveanalytics, digitaltwins,andautonomoussystems, usheringinaneweraofsmart, connected,andagilemanufacturing. Embracingthesetechnologieswillbe crucialformanufacturerstostay competitiveinanincreasinglydigital andinterconnectedworld.

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Manufacturing is more than just putting parts together. It's coming up with ideas, testing principles, and perfecting the engineering, as well as nal assembly.

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February, 2024 www.insightssuccess.com 42 Middle East’s Top 10 Manufacturing Companies to Watch in 2024
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