According to Eternity Technologies the plant will have a production capacity of one million 2-volt cells per year when fully online and it will look to export 85% of its output to markets including the US, Europe and Asia.
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“The opening of this advanced plant is a high point in the development of the industrial sector of Ras Al Khaimah and we are delighted to see that Eternity Technologies have brought in most modern R&D technologies to their plant,” said Sheikh Saud.
Dr J Mark Stevenson, CEO of Eternity Technologies added: “The new plant will have a unit capacity of 400,000 units this year which will grow to 600,000 units in 2012 and will touch one million units by 2013, which would make it one of the largest product- specific battery plants in the world,” he said.
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