The boats have been converted to fibreglass
ones of similar sizes, and therefore have no negative effect on fish stock in the country, as every fishing permit holder is committed to using approved fishing gear, which is registered on their fishing licence.
Annually more than 15,000 tonnes of reinforced fibreglass will be produced here and sold to customers in the transportation, recreational and alternative energy industries in the Middle East, US, Europe, Asia and to developing markets including Brazil.
The recently established Abahsain Company Fibreglass manufacturing plant at the BIIP will be a potential supplier of raw material to Ilium.
In March of this year, Dr Fakhro announced another new investment at the BIIP in the fibreglass sector from Saudi Arabian Amiantit Company based in Dammam.
Chinas fibreglass industry boasts high industry bulwark and the government has issued the admission conditions of the industry.
1 Fibreglass - the Most Widely Used Composite Material
Competition Status of the Present Global Fibreglass Industry
1 Advantage in Cost Enabling China to be A Giant in the Global Fibreglass Industry
2 Advantage in Cost Determining the Global Fibreglass Industry's Transferring to China
3 Three New Chinese Tycoons Appearing in the Global Fibreglass Industry