Big 5: Euroblast receives visit from British PM
Managing director briefs David Cameron on the firm's development
Euroblast, a solution provider and distributor in the field of oil and concrete, as well as being an anti-corrosion expert, was paid a visit by British Prime Minister David Cameron during the latter's whistlestop tour of the UK Pavilion at The Big 5.
“We have done some prestigious projects in the UK that the Prime Minister was aware of, so he met with John Hill, the managing director of SPE, the manufacturing firm that is integrated with Euroblast,” says Kabeen Khadar, executive director, Euroblast.
Hill briefed the prime minister on the new developments in the company as well as the market in the UK, discussing how the market in the UK could improve its ties with and presence in the UAE.
The company has been a regular exhibitor at The Big Five for the past ten years. However, Khadar feels that the construction industry has yet to recover fully from the global financial crisis.
“The Big Five is great, especially in terms of the concrete industry, but I have to say that the last two years have been very slow, and 2012 still has that feel. I hope the upcoming years will be better,” he says.
“Especially the third quarter,” adds Khadar, “has been very bad for us in terms of sales. I guess there is a global de-growth, and it is somehow affecting us.”
Nevertheless, Euroblast is exhibiting a new product at The Big Five this year known as vertical machining for tanks, which is an automated system for blasting steel storage tanks for the oil, gas and petrol industry, and which is said to be ten times more cost-effective.
Khadar says that Euroblast has a lot faith in the growth of the Qatar market, with the World Cup build-up providing a myriad of opportunities.