Mubadala Investment Company (Mubadala), the sovereign investment fund owned by the Abu Dhabi government, has announced a strategic cooperation between Mubadala Strata Manufacturing, a wholly owned subsidiary of Mubadala, and "Honeywell" International, to produce N95 respirators at Strata Factory in Al Ain, as part of Mubadala's efforts to limit the spread Corona Virus. The new production line, which began manufacturing masks with an annual production capacity of 30 million muzzle, is the first production line for N95 masks in the Arabian Gulf region.
The cooperation between Strata Manufacturing and Honeywell aims to meet the growing demand for personal protection kits, as the lack of availability of these kits in the global markets is one of the biggest challenges facing countries and international organizations in their efforts to limit the spread of the Corona virus. The N95 masks play a pivotal role in limiting the spread of viruses.
With the inauguration of the new production line, the UAE will join the list of countries exporting N95 cams of international importance after they were one of the importing countries, as the new production line will provide all the country's needs of this product with the possibility of exporting additional quantities to other countries.
On this occasion, Khaldoon Khalifa Al Mubarak, Group CEO and managing director of Mubadala, said: “As a responsible investor, we have initiated, through our global companies, in cooperation with local and international institutions and organizations, working together to face the crisis of Covid 19. Through our cooperation with Honeywell, which connects us With a valuable and long-term partnership, we will be able to provide vital support to front-line healthcare teams and community members in the UAE and around the world. The new production line will meet the urgent need for the N95 masks, and will also enhance the efficiency of supply chains in the autonomous field Personal protection died in the UAE. "
Darius Adamszek, Chairman and CEO of Honeywell, said: "Honeywell, the global leader in advanced technologies for employee safety systems, is committed to providing personal protection products quickly, efficiently and at reasonable cost to those who need them most, including medical personnel and line workers. Frontline to combat the spread of the Corona Virus. Mubadala, through Strata Manufacturing, has world-class manufacturing capabilities, and we are proud to reinforce this long-term partnership between our two companies in order to establish a base for manufacturing high-quality protective masks in the Middle East region. . "
The cooperation initiative with Honeywell comes within the framework of the # We are working with campaign, which was launched by the Mubadala Group to coordinate the initiatives of the business sectors and subsidiaries of the Mubadala Company to provide support to the communities at the local and international levels to address the Corona epidemic.