Leading Aluminum and Glass Manufacturer Expanding Rapidly
Aluminum Technology and Auxiliary Industries (ALUTEC), Qatar’s leading manufacturer of world-class architectural aluminum and glass products, was founded in 1995 and has grown to become one of the country’s top companies. CEO and founder Thampi Narayanan explains, “I started with 12 employees in a rented space. Today, we have over 1,500 employees from 23 countries as well as various technical facilities in the region under one roof. ALUTEC, as part of HBK Holdings, over the years has established relation with major undertakings such as Qatar Petroleum, the Qatar Foundation, Msheireb Properties Ashghal and major property developers.
ALUTEC supplies architectural aluminum and glass products, including windows, doors, skylights, cladding, decorative metal elements, customized and standard building facades and much more. Now Mr. Narayanan aims to expand into the recycling business. He says, “We want to recycle not just our own aluminum and glass, but also the waste generated by other companies in Qatar. We already have the land and building for this activity and will begin operating in six months.”
Qatar is in the middle of a building boom thanks to the ambitious Qatar National Vision 2030 that includes the construction of new hospitals, hotels, education facilities, major infrastructure works and World Cup 2022. This construction activity means extensive business for ALUTEC, which Mr. Narayanan expects to grow by 12% to 15% every year. He is always on the lookout for new partners to further develop his business and to take on more challenging projects in the region. He says, “We want to expand to Kuwait, and to do this we need reputable partners with advanced technologies and skills in the construction and engineering sectors.”
Mr. Narayanan urges US companies to look into investment opportunities in Qatar. He says, “Because of all the major projects currently underway, there are a lot of opportunities for private companies. If a company finds the right partner, it will find plenty of business. ALUTEC welcomes American partners, including producers of ‘green’ building materials.”