RAK Ceramics closes its best first quarter since 2016, with total revenues up by 22%, total gross profit margin at 35% and net profit over pre-pandemic levels.
LB is implementing a new body preparation plant at RAK Ceramics' facility in Ras Al Khaimah, UAE.
The recovery started in June, as borders reopened and economies restarted. Strong increase of orders from Saudi Arabia. New marketing tools and product innovation are supporting growth.
Mohawk Industries, SCG and Lamosa lead once again the rankings. Victoria PLC is the new entry among the big names. For most of the big groups the outlook for 2020 is not overly pessimistic, with declines below -10% and even some players anticipating growth.
The latest order was from RAK Ceramics, which installed the new continuous modular mill in the large ceramic tile production plant equipped with the Continua+ line.
LB will install the Divario press feeder in the RAK Ceramics group’s factory in Gazipur, its first ever order in Bangladesh.
The plant commissioned from Manfredini & Schianchi is used for the production of single-fired tiles in sizes up to 60x120 cm.
A Speed-Dry dry squaring and chamfering line for large-size ceramic tiles has been installed at the RAK Ceramics facility in Tehran.
Circle Wood and Country Brick named best ceramic floor and wall tile.
The multinational announced during Cersaie the launch of its new brand and the merger of all its subsidiaries worldwide.
With the new eight DHD digital printers currently installed, there are now 14 Sacmi-Intesa digital machines working at the RAK’s plants. Making the difference is the Crono 3.0 colour management software.
Sacmi’s new robotized glazing station for sanitaryware has been tested and started up.