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

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. - Jamie Gerdsen

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Creds Editor-in-chief Merry D'Souza Managing Editor Preston Bannister Executive Editor Eva Miller Visualizer Michael Warner Art & Design Head Donna Claus Co-designer Yasmin Nasser Business Development Manager Sherin Rodricks Marketing Manager Jenny Jordan Business Development Executives Reem Almasoud, Sheldon Miller Digital Marketing Manager Isabel Barnes Technical Head Phil Simon Research Analyst Helena Smith Circulation Manager Finn Wilson sales@insightssuccess.com February, 2024 Corporate Ofce Insights Success Media Tech LLC 555 Metro Place North, Suite 100, Dublin, OH 43017, United States Phone - (614)-859-2600 Email: info@insightssuccess.com For Subscription: www.insightssuccess.com www.twitter.com/insightssuccess Follow us on : www.facebook.com/insightssuccess/ We are also available on : RNI No.: MAHENG/2018/75953 Copyright © 2024 Insights Success Media and Technology Pvt. Ltd., All rights reserved. The content and images used in this magazine should not be reproduced or transmitted in any form or by any means, electronic, mechanical, photocopying, recording or otherwise, without prior permission from Insights Success. Reprint rights remain solely with Insights Success.

Company Name Featuring Descrip?on Al Ghurair Group - Dubai-based Al Ghurair Group is a diversified family-owned Chris?an Witsch Gulf Extrusions conglomerate with interests in manufacturing, real estate and CEO financial investments and an expanding global presence. alghurair.com AquaChemie is a leader in the chemical manufacturing, sales, Subrato Saha & AquaChemie and services domain with a penchant for excellence that’s V Anandkumar aquachemie.com championed by proven domain knowledge and outstanding Co-Promoter & thought leadership. Director DiNovA Israel Incubator was founded in April 2020, to promote Tamir Nahmias cu?ng-edge medtech technologies, especially digital health DiNovA Israel Head of Business innova?ons, by bridging the Israeli medtech engineering talent dnamedtech.com Development with the China market. With vast experience and cu?ng-edge technology, Haama Tal Wolmark Haama Group Group is the go-to des?na?on for Tex?le and Insula?on Marke?ng Execu?ve haama.com businesses seeking a truly comprehensive solu?on. Hempel is a global company with strong values, working with Hempel A/S Chris Sharkey customers in the decora?ve, marine, infrastructure and energy hempel.com Sales Director industries. Hempel factories, R&D centres and stock points are established in every region. The Julphar story is one of innova?on and leadership. Since Julphar the journey began in 1980, the goal has remained the same – Basel Ziyadeh julphar.net to bring be?er healthcare and a brighter future to families CEO across the globe. Kansai Paint is a leading Japanese paint manufacturers. They Kansai Paint Nmezi Jagaz offer a wide range of high-quality paint products for various kps.sg CEO purposes such as interior, exterior, and automo?ve paint. Kuwait Saudi Kuwait Saudi Pharmaceu?cals Industries Company is a leading Rashed Khazal Pharmaceu?cals pharmaceu?cal company specializing in the development, Chairman and Industries Company manufacture and marke?ng of pharmaceu?cal products. Managing Director kspico.com Founded in 1953, Medtechnica brings breakthrough and Medtechnica Boaz Yehezkel innova?ve medical technologies to improve people’s quality medtechnica.co.il CEO of life. United Foods United Foods Company became a pioneer by inaugura?ng the Fethi Khiari Company(PJSC) first refinery for edible oils and fats in the GCC countries. CEO unitedfoods.ae

n 2024, the Middle East’s manufacturing sector will continue to be a hub of innovation and growth, with I several standout companies leading the charge. This editorial note highlights the Middle East’s Top 10 Manufacturing Companies to Watch in 2024 in the region that are poised to make significant strides in the coming year. These companies represent a diverse range of MiddleEasternManufacturingLeadership industries, including automotive, aerospace, pharmaceuticals, and consumer goods. From cutting-edge technology to sustainable practices, each company demonstrates excellence in their respective fields and a commitment to driving positive change. As the global economy evolves and new challenges emerge, these companies are at the forefront of shaping the future of manufacturing in the Middle East. Whether through groundbreaking research and development, strategic partnerships, or investment in talent and infrastructure, they are driving innovation, creating jobs, and contributing to economic growth in the region. From established giants to up-and-coming startups, the Middle East’s manufacturing landscape is dynamic and evolving rapidly. This editorial note serves as a spotlight on the companies that are making waves and setting new standards of excellence in the industry. Keep an eye on these top 10 manufacturing companies as they continue to make headlines and inspire the next generation of innovators in the Middle East.

ON Cover story AquaChemie Transforming the Chemical Industry through Excellence, Expertise, and Innovation 26. The Rise of the Machines How Automation is Changing the Face of Manufacturing 38. The Future of Manufacturing How Technology is Transforming the Industry

NTENTS Gulf Extrusions DiNovA Healthcare Extracting Amenities for Disrupting MedTech with Multi-National Growth Cutting-edge Technologies Hempel A/S Haama Group Shaping the Landscape Driving Growth through of Sustainable and Sustainable Innovation in Fashionable Products Paint Manufacturing United Foods Company (PJSC) Delivering Premium Quality Food Products Since 1976

V Anandkumar, Subrato Saha Co-Promoter & Director AquaChemie

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Middle East’s Top 10 Manufacturing Companies to Watch in 2024 16 February, 2024 www.insightssuccess.com

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Middle East’s Top 10 Manufacturing Companies to Watch in 2024 DiNovA Healthcare Disrupting MedTech with Cutting-edge Technologies he advancements in MedTech technologies hold the , , promise of more accurate diagnostics and improved T patient engagement. In the era of healthcare Through our initiatives, we transformation, cutting-edge MedTech technology is the continue to reinforce our position key to unlocking a future where healthcare is not only more effective but also more accessible and patient-centric. as a leader in the manufacturing landscape, both domestically and DiNovA Healthcare is a medical device holding corporation that aims to be a leading player in the Medtech on the global stage. industry. Dinova was established in 2009 in Hangzhou, , , China, by two entrepreneurs, Michael Zhao and Eric Zi; each one of them has a rich background; they established Lifetech and took it public. Ultimately, Dinova reaches talents from all over the world to eventually find the best designs and inventions and let Tamir Nahmias, the Head of Business Development at them leverage the ecosystem it created in China for faster Dinova, assumes an essential role in the company’s growth and more efficient development and market access. and strategic initiatives. Tasked with expanding Dinova’s network and cultivating new opportunities, Tamir focuses Dinova adopts a proactive approach to technology adoption. on market development in Europe and Israel. In addition to The company is strategically positioned to introduce new spearheading expansion efforts, he works closely with technologies in China concurrently with or even before the emerging portfolio companies, guiding them in the efficient initiation of approval processes in other territories. production of their products while managing costs effectively. Tamir brings a wealth of experience and A Strategic Hub Offering Diverse Benefits expertise to his role, playing a key part in shaping Dinova’s success in the global marketplace. Recognizing the unique advantages of medical device manufacturing, Dinova envisions a promising future for this Leveraging the Ecosystem industry in the Middle East. The intricate nature of medical device production demands a robust ecosystem capable of Dinova is focusing on Cardiovascular treatments with meeting both facility and procedural demands. The Middle companies like Valgen, Venus MedTech ( 2500. HK), and East, comprising countries in close proximity, emerges as a more cardiovascular companies. In recent years, there have strategic hub offering diverse benefits. been more areas of interest for Dinova, such as lung diseases, with companies like Broncus Holdings (HKG: In this landscape, Israel stands out for its leadership in the 2216) design and conceptual stages of medical device 22 February, 2024 www.insightssuccess.com

development. Demonstrating a prowess for solving complex problems through cutting-edge technologies, Israel positions itself as a frontrunner in innovation. However, challenges arise in the scaling phase, attributed to high costs associated with land and salaries. Despite its excellence in conceptualization, the region faces limitations in maximizing scaling opportunities due to these financial constraints. Dinova remains attentive to the dynamic landscape of medical manufacturing, recognizing the potential of leveraging advantages across various Middle Eastern countries to drive innovation, scalability, and economic viability in the evolving global market. Pioneer in Cutting-edge Production Capabilities The company strategically leverages its expertise in in- house manufacturing. Dinova’s portfolio companies based in China boast state-of-the-art machinery for braiding and catheterization, positioning it at the forefront of cutting- edge production capabilities. This strategic advantage not only reflects Dinova’s commitment to quality but also highlights its dedication to staying at the forefront of technological advancements in the field. Through these initiatives, Dinova continues to reinforce its position as a leader in the manufacturing landscape, both domestically and on the global stage. The company operates within a highly advanced regulatory framework, particularly in terms of environmental responsibility. Given the nature of its products, which are designed for use within human blood vessels, the company adheres to stringent standards throughout its operations. Dinova is accustomed to navigating and complying with comprehensive regulations that extend across various facets of its operations. These encompass rigorous guidelines covering everything from the disposal of waste to the handling of chemicals, as well as the conduct of its employees. The company has established a culture that prioritizes adherence to these strict environmental standards, recognizing the importance of maintaining the highest level of safety, quality, and ethical practices in their industry. Tamir Nahmias Head of Business Development Bringing Newest Innovations Dinova Healthcare In the year 2023, amidst the aftermath of a two-year battle with the COVID-19 pandemic and nearly one year post- pandemic, Dinova, under the leadership of Head of 23 February, 2024 www.insightssuccess.com

realm of supply chain logistics. Each company under the Dinova umbrella has specific needs, necessitating a tailored approach to unite these diverse demands within a cohesive system. Fostering a Robust Supply Chain Ecosystem Recognizing the complexity inherent in the supply chain, Dinova has implemented a strategy that relies on local suppliers, supplemented by a secondary source, to ensure resilience. A forward-thinking approach involves strategic planning, with a proactive stance on securing components well in advance, particularly for those without expiration dates. This meticulous preparation minimizes potential disruptions and fosters a robust supply chain ecosystem across the diverse portfolio. Within Dinova, a commitment to high employment standards, safety, and conducive working environments for manufacturing personnel is evident across the portfolio companies in China. Dinova stands out as an exemplary workplace, providing its workforce with professional training and ample opportunities for career advancement. Expanding Collaboration and Unlocking Opportunities Notably, Dinova has established an innovation center in Israel, which is indicative of the company’s strategic vision for the region. The company recognizes the potential for regional collaboration, envisioning joint development projects or an innovation hub that spans multiple countries. Business Development Tamir Nahmias, is strategically This forward-thinking approach aims to leverage the unique shifting its focus towards the market launch of its latest strengths and advantages each country in the region offers. products. The medical device industry, known for its long- On a personal level, Tamir Nahmias sees the Middle East as term investment cycles, demands substantial financial a reservoir of immense potential. He envisions expanding commitment with a prolonged gestation period of 6-8 years collaboration, unlocking opportunities for joint ventures, before products can be brought to market. and establishing an innovation hub that harnesses the strengths of various countries in the region. Israel, in his With a keen understanding of this industry dynamic, view, can play a pivotal role as the gateway to innovation, Dinova is channeling its efforts into bringing its newest serving as a central force in driving regional progress. innovations to market following the attainment of regulatory approval. This strategic move is pivotal not only for generating revenue but also for facilitating continued research and development for the next generation of medical devices. By capitalizing on the current market opportunities, Dinova positions itself to secure the resources necessary to fuel ongoing advancements in medical technology. The management of diverse portfolio companies poses a unique challenge due to their distinct requirements in the 24 February, 2024 www.insightssuccess.com

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How is Changing the Face of Manufacturing utomation is revolutionizing Robotics in Manufacturing the manufacturing industry, A reshaping traditional Robotic automation is perhaps the production methods, and driving most visible and widely adopted form unprecedented levels of efficiency, of automation in manufacturing. productivity, and innovation. From Industrial robots are programmable robotic arms assembling products on machines designed to perform tasks the factory floor to AI-powered with speed, precision, and reliability. systems optimizing supply chains, the These robots are used for a variety of rise of automation is transforming the applications, including assembly, welding, painting, palletizing, and way goods are made. packaging. In this article, we delve into the various ways automation is changing One of the key advantages of robotic the face of manufacturing and explore automation is its ability to handle the implications of this technological repetitive, dangerous, or physically shift! demanding tasks, freeing up human workers to focus on more skilled and The Evolution of Automation creative activities. Collaborative robots, or cobots, are a recent Automation in manufacturing has a innovation that can work safely long history, dating back to the alongside humans, enabling closer Industrial Revolution with the advent human-robot collaboration and of steam-powered machinery. Over the flexibility in production processes. years, advances in technology have led to the development of increasingly Advancements in Artificial sophisticated automation systems, from Intelligence mechanical conveyor belts to computer-controlled machines. Today, Artificial intelligence (AI) is playing automation encompasses a wide range an increasingly important role in of technologies, including robotics, manufacturing, enabling machines to artificial intelligence, machine perform cognitive tasks traditionally learning, and the Internet of Things reserved for humans. AI algorithms can (IoT). analyze vast amounts of data, identify 26 February, 2024 www.insightssuccess.com

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

patterns, and make intelligent decisions Implications for the Workforce to optimize production processes. For example, AI-powered systems can While automation offers numerous optimize production schedules, predict benefits in terms of efficiency and equipment failures, and detect quality productivity, it also raises concerns defects with greater accuracy and about its impact on the workforce. efficiency than human operators. Critics argue that automation could lead to job displacement, as machines Machine learning, a subset of AI, replace human workers in certain tasks. enables machines to learn from However, proponents of automation experience and improve their argue that it can also create new job performance over time. This allows opportunities and enhance the skills manufacturing systems to adapt to and capabilities of the workforce. changing conditions, optimize parameters, and continuously improve Moreover, automation can improve productivity and quality. As AI working conditions by eliminating technology continues to advance, we dangerous or physically demanding can expect to see further integration of tasks reducing the risk of workplace intelligent automation systems across injuries and accidents. By freeing up the manufacturing value chain. human workers to focus on more creative and value-added activities, The Internet of Things (IoT) in automation can also lead to higher job Manufacturing satisfaction and employee engagement. The Internet of Things (IoT) connects In conclusion, The rise of automation machines, sensors, and devices in the is transforming the face of manufacturing environment, enabling manufacturing, driving unprecedented real-time monitoring, control, and levels of efficiency, productivity, and optimization of production processes. innovation. From robotic arms on the IoT-enabled devices gather data on factory floor to AI-powered systems equipment performance, energy optimizing supply chains, automation consumption, and product quality, is revolutionizing the way goods are providing valuable insights into the made. While automation presents operation of manufacturing systems. challenges in terms of workforce displacement and skill requirements, it By leveraging IoT technology, also offers significant opportunities for manufacturers can achieve greater economic growth, job creation, and visibility, efficiency, and improved working conditions. responsiveness in their operations. For Embracing automation will be crucial example, predictive maintenance for manufacturers to stay competitive systems use IoT data to anticipate in an increasingly digital and equipment failures before they occur, interconnected world. enabling proactive maintenance and minimizing downtime. Similarly, IoT- enabled supply chain management systems can track inventory levels, optimize logistics, and enhance demand forecasting, leading to improved efficiency and cost savings. 28 February, 2024 www.insightssuccess.com

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he manufacturing industry is resource-intensive, Pursuit of a Sustainable and Responsible Future often relying on large quantities of raw materials, T energy, and water. By adopting sustainable Haama Group remains vigilant, actively addressing the practices, companies can contribute to global conservation, imperative to use most of the energy needed for its ensuring that these valuable resources are used efficiently production from the sun, reduce energy consumption, avoid and responsibly to minimize environmental impact. wastage, and conserve water resources in response to the critical challenges posed by climate change. These Established in 1964, Haama Group stands as a pioneering considerations are integral to the strategic planning of the force in the realm of sustainable product development, company’s forward-thinking initiatives, ensuring a holistic particularly as the only One-stop shop company in its area. approach that not only meets the demands of the present but The company’s journey to excellence has been marked by also contributes to a sustainable and responsible future. the collaboration of the company’s creative and professional team with European experts, contributing to Haama Group places a premium on sustainability, utilizing the acquisition of invaluable know-how and cutting-edge predominantly recycled materials and exclusively production equipment. employing eco-friendly chemicals in the meticulous engineering of their collections. The company’s ethos Haama Group is dedicated to the creation of innovative, revolves around a dedication to transparency and sustainable products for a diverse clientele. This innovation, underscoring the benefits of its products commitment is reflected in their cooperative efforts with through comprehensive exposure. renowned brands, aiming to deliver optimal solutions that seamlessly blend sustainability with fashion. Prioritizing Innovation Facilitating Seamless Collaboration Haama Group actively engages with customers to facilitate collaboration and strengthen partnerships, recognizing the At the heart of Haama Group’s ethos is its dedication to intrinsic value of expert technical support. The company incorporating recycled materials across all developments, operates within a framework that not only showcases its be it in the textile or building materials sectors. Leveraging innovations but also fosters creativity within its team, a its extensive expertise in garment production, the company synergy that is mutually recognized and appreciated by its consistently generates fresh ideas, both technical and esteemed business partners. fashionable, to ensure the success of its esteemed customers. The Group works in tandem with manufacturers and brands, ensuring a harmonious flow of operations. The Recognizing the imperative for both creativity and collaborative approach extends to the exchange of forecasts, sustainability, Haama Group actively engages in the allowing for meticulous planning that minimizes the development of fully traceable products, fostering a sense likelihood of gaps or shortages. Proactively, Haama Group of trust that resonates with every brand and customer. communicates foreseeable changes or potential shortages to Positioned in proximity to Europe and fortified by enduring customers, empowering them to anticipate and find agreements with the USA and Canada, the company ensures effective solutions well in advance. This proactive and duty-free benefits, facilitating seamless collaboration for all collaborative ethos underscores the company’s commitment stakeholders. to delivering value and reliability throughout its engagements with manufacturers, brands, and customers In alignment with its commitment to sustainability, Haama alike. Group collaborates closely with suppliers, mandating the inclusion of only certified sustainable materials and Setting the Highest Benchmarks of Excellence chemicals meticulously verified by official laboratories. The company is at the forefront of innovation, engaging in Operating under the ISO and Oeko Tex certificates WRAP ongoing discussions with global pioneers to spearhead the safety protocol, and as well as providing traceability of the creation of cutting-edge, eco-friendly alternatives within its products, Haama Group maintains rigorous quality specialized domain. standards, ensuring that all aspects of production adhere to the highest benchmarks of excellence. 31 February, 2024 www.insightssuccess.com

Equipped with an on-site laboratory, the company conducts holistic approach to management underscores Haama thorough testing to guarantee the quality of its products. Group’s commitment to quality, innovation, and employee engagement. At Haama Group, a culture of open communication and collaboration thrives, as employees are actively encouraged The group has lately established a state-of-the-art knitting to express their ideas across various domains, fostering a fabrics factory, which is evidence of its dedication to sense of inclusivity and innovation. The company innovation and growth. Concurrently, significant recognizes that creativity knows no bounds, valuing even investments are being made in cutting-edge equipment for the smallest contributions that can enhance processes or diverse production lines, underscoring the company’s inspire novel solutions. commitment to staying at the forefront of industry advancements. Fostering a Collaborative Environment In a forward-thinking approach, Haama Group engages in Having full control over its processes, Haama Group dynamic online discussions with its partners, fostering a facilitates direct discussions within all management teams collaborative environment to exchange and implement new at every organizational tier. This ensures that insights, ideas, ideas. This commitment to open communication ensures and feedback are integrated at all levels, contributing to a that the collective intelligence of the company and its dynamic and responsive organizational structure that partners is harnessed for mutual success. leverages the collective expertise of its workforce. This 32 February, 2024 www.insightssuccess.com

www.insightssuccess.com , , The future of manufacturing is digital, and it's happening now.

commercial foundation dedicated to making a difference. n response to the increasing global awareness of The Foundation is the sole shareholder of the Hempel environmental impact, paint manufacturers are I Group – a world-leading supplier of coatings for man-made adopting sustainable practices. Throughout the entire structures – and a committed philanthropist within the fields production process, from the sourcing of raw materials to of education, sustainable coatings technology, sustaining the final product, the industry is actively engaged in efforts biodiversity, and realizing great initiatives that bring about to minimize its ecological footprint. This commitment positive change. underscores a collective dedication to environmentally responsible practices within the paint manufacturing sector. In 2020 Hempel developed the double impact strategy, which states that it will double its turnover by 2025 to 3bn Hempel A/S is a renowned company that is committed to Euro. The company aims to do this by focusing on 4 key sustainability in its innovative products and initiatives; with pillars: Segment Leadership, Trusted Partner, Sustainability a broad portfolio of products that contribute to the Leader, and Scalable Operations. Hempel selected these protection and longevity of assets, the company’s pillars to reflect its core values and feedback provided by dedication to innovation positions it as a significant player customers. In particular, sustainability in the Middle East is in the global market. becoming more and more important to customers in all segments. There is a market shift from what was a passive Hempel holds a unique position in the industry with a rich interest in sustainability to sustainability being at the core history dating back to its founding in 1915. Operating in the of many of its customers’ operations. Marine, Energy, Infrastructure, and Decorative segments, the company has a significant presence in the Middle East. Keeping Sustainability and Innovation at the Heart As the Sales Director for the Infrastructure segment in the region, Chris Sharkey leads a dedicated team focused on Hempel Group is constantly innovating and seeking new achieving sales targets and market growth. technologies to move the industry forward. As part of this, Hempel Foundation funds several research projects at Chris is Hempel’s sales director in the Middle East for the universities in Denmark and around the world. This helps to Infrastructure segment. He is responsible for building, ensure Hempel remains at the cutting edge of technology training, and leading a team of sales managers and sales advancements and has given rise to Hempel holding several executives around the Middle East to deliver on their sales targets. A large part of his role is developing sales strategies and implementing these strategies to grow Hempel’s share of the market and margin in the Infrastructure segment in the Middle East. Chris has been with Hempel for 15 years now and has enjoyed growing with the company over this time. Omnipresence of Hempel Hempel Group is a paint manufacturer with a unique ownership structure. Hempel was founded in 1915 by the entrepreneur JC Hempel in Copenhagen and served the marine industry in Denmark. As the marine industry grew and became global, Hempel grew around the world. Hempel Group operates globally in the Marine, Energy, Infrastructure, and Decorative sales segments. Hempel Group is owned by the Hempel Foundation. The Hempel Foundation is a 35 February, 2024 www.insightssuccess.com

patents for novel technology associated with paints and Striving for Greater Project Reach coatings. A couple of examples of this are Avantguard- activated zinc-rich epoxy technology and smart paint, a Segment leadership is at the heart of Hempel’s strategy, coating system that tells asset owners when and where which is underpinned by a core product assortment with corrosion may be affecting a steel structure. best-in-class materials. The company has chosen to engage with customers at all levels of the value chain, including Anchoring sustainability as one of the 4 pillars in Hempel’s buying and non-buying accounts. This helps in making all strategy helps to ensure it is at the heart of what the stakeholders aware of Hempel’s unique products and company does. Hempel firmly believes that it will succeed services. It has developed, patented, and is selling ® as a business only if it places sustainability at its heart. Not Avantguard activated zinc-rich epoxy and Hempaguard X7 only is it the right thing to do, but it will also strengthen and X8, which are all market-leading solutions. Hempel Hempel’s competitive position, make it more resilient, and also has a comprehensive global passive fire protection reduce its risk. offer, which complements its existing coatings offer, opening new opportunities for greater project reach. Hempel’s sustainability strategy is called Futureproof. Sustainability is a growing focus in the building and construction segment, and Hempel’s waterborne and Green Futureproof is the framework through which Hempel will Building Scheme solutions add value to its customers in reaching their sustainability goals. deliver its strategic goal of sustainability leadership. Building on its progress to date, the company has started Hempel’s supply chain is managed as a global concept. Its with its strategical journey. ERP software is aligned globally and ensures full transparency throughout the organization. Hempel has taken Hempel’s ambition is to radically advance environmental the view that factories are necessary in most countries in the and social performance so that the company, customers, and GCC. This helps to ensure its materials are easy to access employees thrive now and in the future. Hempel aims to keep working until sustainability is at the heart of for customers and has (over the years of consistent, reliable everything it does. supply) led to customers having great confidence in Hempel’s ability to supply their projects in the Middle East. Hempel operates with hundreds of approved materials and considers suppliers as partners, not simply suppliers. This ensures the company gets the best commercial terms and optimized prioritization when raw materials supplies are pressured. Hempel operates concepts like a five- box analysis of failures in its systems to ensure it learns when things don’t go to plan. The company also operates concepts like 6 S to ensure its factories and offices are clean and tidy and optimized for efficiency. Continuous improvement is at the core of all operations in Hempel, which helps in getting the best out of people and processes. Maintaining International Standards Hempel has a robust quality management system and quality control processes. This process is anchored in the Regional Management team, and regular reviews are conducted to ensure the documented processes are rd being followed. Hempel employs 3 party certification bodies to certify its factories and processes 36 February, 2024 www.insightssuccess.com

for quality, safety, and environmental impact. It uses these organizations to test and validate the products to perform to international standards and, as such, will perform as its customers expect them to. without warning. Hempel has a positive ‘growth’ “Hempel has an expert people and culture team with mindset/culture that underpins its approach to challenges. competencies to support its teams.” Sustainability remains a defining pillar of who Hempel is. There is an annual cycle of communication with P&C in The company continues to satisfy its customers, partners, which all employees in Hempel must participate. The wheel and the market’s needs for more sustainable solutions – for involves a formal 1-2-1 with managers, talent reviews example, through its Avantguard® anti-corrosion where high-potential talent is identified, and an annual technology, as well as through Green Building schemes and salary review. In addition to this, all employees are surveyed certifications. each year to understand how they feel about Hempel and their manager. Actions are taken based on the findings of Customers remain at the core of its inspiration and this survey, which allocates a net promotor score to every motivation. Hempel continues to work to develop a position team in Hempel. as the best supplier across all industries in which it operates through trusted partnerships and the launch of new products Navigating Challenges with a Growth Mindset and technologies. Having a large and diverse operational footprint has been highly beneficial to Hempel over the years. For example, when the diplomatic crisis between UAE, Saudi, Egypt, and Qatar occurred in 2017, the impact on Hempel was minimized by having factories in Kuwait, Saudi, Bahrain, Qatar, Oman, and UAE. A diverse selection of raw material suppliers was on hand to ensure materials could reach all Hempel factories in spite of certain key borders closing 37 February, 2024 www.insightssuccess.com

The Future of Manufacturing How is Transforming the he manufacturing industry is traction in manufacturing. These robots undergoing a profound can work safely alongside humans, T transformation driven by enhancing efficiency and safety in the workplace. By automating routine advancements in technology. From tasks, manufacturers can free up automation and robotics to artificial intelligence and the Internet of Things human workers to focus on more (IoT), these innovations are reshaping value-added activities, such as the way goods are produced, making problem-solving and innovation. processes more efficient, flexible, and sustainable. Further, we delve into the Additive Manufacturing various ways technology is revolutionizing manufacturing and Additive manufacturing, also known as explore the future landscape of the 3D printing, is revolutionizing the way industry. products are designed and produced. Unlike traditional manufacturing Automation and Robotics methods, which involve subtracting material from a solid block, additive One of the most prominent trends in manufacturing builds objects layer by manufacturing is the widespread layer from digital designs. This enables adoption of automation and robotics. manufacturers to create complex These technologies are streamlining geometries and customized products production processes, reducing labor with unprecedented speed and costs, and improving productivity. precision. Robots are increasingly being used for tasks that are repetitive, dangerous, or The applications of additive require a high degree of precision. manufacturing are diverse, ranging With advancements in machine from rapid prototyping and tooling to learning and computer vision, robots the production of end-use parts across are becoming more intelligent and various industries. By eliminating the capable of performing complex tasks need for molds and tooling, 3D alongside human workers. printing can significantly reduce lead times and costs, making it an attractive Collaborative robots, or cobots, are option for small-batch and on-demand another innovation that is gaining manufacturing. 38 February, 2024 www.insightssuccess.com

As the technology continues to For example, sensors embedded in Conclusion advance, we can expect to see further machines can collect data on improvements in materials, processes, temperature, vibration, and energy The future of manufacturing is being and scalability, unlocking new consumption, providing insights into shaped by technology, with possibilities for innovation in equipment health and performance. By innovations such as automation, manufacturing. analyzing this data, manufacturers can additive manufacturing, artificial identify inefficiencies, prevent intelligence, IoT, and AR/VR driving Artificial Intelligence breakdowns, and optimize maintenance unprecedented levels of efficiency, schedules. flexibility, and sustainability. As these Artificial intelligence (AI) is playing technologies continue to evolve, we an increasingly important role in Furthermore, IIoT platforms can enable can expect to see further advancements manufacturing, enabling predictive seamless communication and in areas such as predictive analytics, maintenance, quality control, and collaboration across the entire supply digital twins, and autonomous systems, process optimization. By analyzing chain, from suppliers and ushering in a new era of smart, vast amounts of data in real time, AI manufacturers to distributors and connected, and agile manufacturing. algorithms can identify patterns, detect customers. This facilitates real-time Embracing these technologies will be visibility, traceability, and anomalies, and make data-driven crucial for manufacturers to stay responsiveness, driving greater agility decisions to optimize production competitive in an increasingly digital and resilience in manufacturing processes. and interconnected world. operations. Predictive maintenance, for example, Augmented Reality and Virtual uses AI-powered algorithms to Reality anticipate equipment failures before they occur, allowing manufacturers to schedule maintenance proactively and Augmented reality (AR) and virtual minimize downtime. Similarly, AI- reality (VR) technologies are based quality control systems can transforming manufacturing by inspect products with greater accuracy enhancing training, design, and and efficiency than human inspectors, maintenance processes. AR overlays ensuring consistent quality standards. digital information onto the physical world, enabling workers to visualize Furthermore, AI is driving advances in instructions, schematics, and data in predictive analytics and demand real time. VR, on the other hand, forecasting, enabling manufacturers to creates immersive simulated anticipate market trends, optimize environments that can be used for inventory management, and respond training, design validation, and remote quickly to changing customer needs. collaboration. Internet of Things (IoT) In manufacturing, AR and VR are being used for tasks such as assembly The Internet of Things (IoT) is instructions, equipment maintenance, connecting machines, sensors, and and remote assistance. By providing devices across the manufacturing interactive guidance and visualization environment, creating a networked tools, these technologies can improve ecosystem known as the Industrial accuracy, efficiency, and safety in the Internet of Things (IIoT). By gathering workplace. Moreover, AR and VR can real-time data from equipment and facilitate virtual design reviews, processes, IIoT systems enable enabling engineers to visualize and manufacturers to monitor performance, validate product designs before they optimize efficiency, and improve are physically prototyped. decision-making. 40 February, 2024 www.insightssuccess.com

www.insightssuccess.com 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. - James Dyson

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

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

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