Evolvence Capital
PE
2000
-
United Arab Emirates
Investment Ticket
Investment Horizon
Investment Stage
Exit Strategy
Profile
ELIPS is A joint venture between Emirates Central Cooling Corporation (Empower), the largest district cooling service provider in the region, and A Danish based Logstor, a leading provider of pre-insulated pipes and innovative thermal solutions.
The manufacturing facility is located in Jabel Ali Industrial Area No. 1, Dubai & spread over 92,817m². The manufacturing plant is state of art with foaming machines operated by Robots which insulate & jacket Pipe ranging from 50 mm up to 2000 mm. The pre-insulated pipes manufactured at ELIPS are used in energy-efficient transportation of liquid for district cooling & heating, oil & gas, solar, marine and industrial projects.
