When Indian US-educated engineer Faisal Kottikollon decided he wanted to set up a scrap metals business in 1995, he decided to shun his home country and moved to the UAE.
Now CEO of KEF Holdings (KEF), manufacturer of steel castings and valves, he set up a new state-of-the-art facility at Sharjah Hamriyah Free Zone in 2008, the first integrated manufacturer of industrial valves in the Middle East. In just a few years, Kottikollon’s facility was competing equally against European foundries that had been active for a century.
The 50,000-square metre facility produces a comprehensive and specialised range of industrial valves allowing the company to serve the Middle East’s thriving oil, gas, petrochemical and energy sectors. It didn’t take long for external players to see the worth of Kottikollon’s vision.