Zamil Air Conditioners, a sector business of Zamil Industrial, has been honored with the 'Award of Distinction' for its Saudization program designed to create employment opportunities for Saudi nationals. The award was presented at the sixth annual GCC ceremony honoring distinguished private sector companies and establishments for their sustained efforts to localize jobs.

The celebration was organized on the occasion of the 24th session of the Labor and Social Affairs Ministers of the Gulf Cooperation Council (GCC), held in Riyadh from 13-14 November 2007. Dr. Abdulrahman A. Al Zamil, Chairman of the Board of Directors of Zamil Industrial, was honored by HE Dr. Ghazi Al-Ghosaibi, Minister of Labor, in recognition of Zamil Air Conditioners' success in phasing in Saudi workers and professionals.

The recognition for Zamil Air Conditioners pioneering role as one of the national companies in the Kingdom of Saudi Arabia actively supporting employment opportunities and providing quality technical and on-the-job vocational training programs for its local staff. In his speech, Dr. Al Zamil cited the extraordinary efforts of the GCC countries in general and Saudi Arabia in particular towards facilitating the localization process of the workforce, emphasizing the role of the Riyadh based Human Resources Development Fund (HRDF) to share in the training costs and encourage companies to do more for Saudi labor to enhance the Kingdom's technical resources capabilities.

One of the most important features of Zamil Air Conditioners Saudization plan is the integration of job training programs, where Saudi youth go through several training stages prior to assignment in their final positions on the production lines or elsewhere within the company. This program aims at providing worker-trainee the necessary skills to make him feel he belongs to a caring company.

Zamil Air Conditioners' regular curricula and training workshops are carefully balanced between theoretical and practical training. The ultimate goal is the improvement of the skills of Saudi youth in various fields. Since it inception in 1975, the issue of localizing jobs in Zamil Air Conditioners has been one of the most critical issues. A strategy was implemented by management to complement the relentless efforts exerted by the government to provide real working opportunities for Saudi youth.

Zamil Industrial Investment Company (Zamil Industrial) through Energy Central Saudi Arabia has signed on Tuesday 13 November 2007, a 22-year energy performance contract with Saudi Basic Industries Corporation (SABIC) for the complete outsourcing of process and comfort cooling and building plant to supply up to 20,000 tons of refrigeration at Saudi Iron & Steel Company (Hadeed), a wholly owned subsidiary of SABIC. The estimated annual value of this project is around SAR 42 million. State-of-the-art equipment and machinery will be used in the new plant which will reduce energy consumption and conserve the environment.

Commenting on this awarding, Mr. Abdulla M. Al Zamil, Chief Operating Officer at Zamil Industrial said: "This first-of-its-kind agreement in the Gulf region will usher a new era of utility outsourcing for large industrial and commercial players who want to focus on their own service delivery and would like to rely on specialized partners to support them in that quest."

Due to the nature of this complex undertaking, the process took longer than expected but will yield enormous benefits to Hadeed and will serve as a template for many of the SABIC companies and the extended industrial conglomerates in Jubail and elsewhere. This ambitious project will significantly reduce energy consumption, and will help Hadeed focus on its vision of becoming the leading producer of steel products in the region.

Zamil Industrial has announced its interim financial results for the nine months ending 30 September 2007 showing a marked increase over last year, in a statement released by Khalid A. Al Zamil, Managing Director.

During the first nine months, net profits after Zakat contributions were SAR 161.3 million (USD 43 million) compared to SAR 154.7 million (USD 41.3 million), representing an increase of 4.3 percent over the same period in 2006. Net profits for the same period last year accounted for non-operational profits from the sale of investment shares which amounted to SAR 22 million (USD 5.9 million). A comparison of net profits, not withstanding returns from investments, shows an increase of 21.8 percent for the period ending 30 September 2007 against profits of SAR 132.4 million (USD 35.3 million) for the same period last year.

Total turnover for the group was SAR 2,780.3 million (USD 741.4 million), a growth of 31.5 percent compared with same period last year. Shareholders' Equity also increased by 17.9 percent to SAR 836.5 million (USD 223.1 million).

Zamil Industrial operating profits, on the other hand, posted an increase of 25.4 percent from SAR 183.8 million (USD 49 million) in 2006 to SAR 230.5 million (USD 61.5 million) as at 30 September 2007.

Post Zakat Earnings per Share grew to SAR 3.59 (USD 0.96) from SAR 3.44 (USD 0.92) representing 4.3 percent growth.

The financial results from July to September 2007 posted net profits of SAR 58.7 million (USD 15.7 million) compared to SAR 57.8 million (USD 15.4 million) in the same period in 2006, an increase of 1.6 percent.

Khalid Al Zamil said, "Zamil Industrial performance during the first nine months was remarkable with significant growth compared with the same period last year due to increased sales generated from our domestic and international operations. The company export sales have also soared 37.4 percent over the same period last year representing 38 percent of our consolidated sales."

New projects exceed SAR 62 million in value

Zamil Air Conditioners, a sector business of Zamil Industrial and the leading Middle East and international manufacturer of air conditioning systems, has announced that the company has successfully bagged a diverse group of new projects in the educational, commercial and industrial sectors. The combined projects value are in excess of SAR 62 million (USD 16.5 million) with sites located in the three major provinces of the Kingdom of Saudi Arabia.

Most notable among many projects in the Western Region of Saudi Arabia is the agreement to provide more than 45 air-cooled screw water chillers, air-cooled condensing units, and air handling systems of various sizes and cooling capacities at multiple project sites of the Rabigh Development Project. Zamil Air Conditioners will also supply a large number of air cooled screw water chillers, packaged rooftop air conditioners, condensing units, fan coil units, and double skin air handling units of various sizes and cooling capacities to the Saline Water Conversion Corporation (SWCC) Shoiaba plants complex.

In the Eastern Region, major upcoming projects for Zamil Air Conditioners include the use of innovative climate control systems to provide a cooling capacity of over 1,000 tons to the Ibn Zahr OCT Project, Al-Khafji Joint Operations Onshore project (KJO), the Khurais Crude Oil project, as well as to a number of buildings owned by the Royal Commission for Jubail and Yanbu.

In related developments, Zamil Air Conditioners has also been awarded new contracts for the supply of Room Air Conditioners and Mini-split units to a number of governmental, commercial and industrial organizations across Saudi Arabia.

"The third quarter of 2007 has been an extremely rewarding period for Zamil Air Conditioners. Over the years, we have invested heavily in product development and in the quality processes of our engineering and production capacities. This has enabled us to manufacture products and provide services that best meet the needs of our diverse customer base - as evidenced by this particular group of projects," said Osama Bunyan, Executive Vice President, Zamil Air Conditioners.

As part of its ongoing regional expansion program aimed at the fulfillment of the increasing demand for high-quality air conditioning systems in the region, Zamil Air Conditioners has recently signed several new distributor agreements with a number of HVAC distributors and dealers in Saudi Arabia and other GCC countries. These distributors will take an active role in the promotion, distribution and sales of innovative consumer products in the domestic and regional markets.

Zamil CoolCare, the regional leader in providing after sales services to the HVAC industry, has signed an agreement worth SAR 21.5 million (USD 5.8 million) with Saudi Electric Company (SEC) to service and maintain HVAC equipment at the transmission and substation facilities in the Eastern Province of Saudi Arabia.

According to the contract, Zamil CoolCare will provide complete maintenance and repair services to Saudi Electricity Company’s eastern province substations, spanning several departments and covering a broad range of unit types, brands and capacities, ranging from room air conditioners to high-tonnage chillers.

"We are extremely pleased that Zamil CoolCare has prevailed over tough, major market-wide competition to win this contract. We can undoubtedly attribute the win, at least in part, to our outstanding performance at other Saudi Electricity Company facilities. We look forward to providing the same high quality HVAC services to the SEC Eastern Province substations as we have at SEC's other regional locations", said Osama Bunyan, Executive Vice President, Zamil Air Conditioners.

The recently signed contract represents the latest in a series of agreements between the two companies. Previous contracts with SEC, which totaled SAR 87 million (USD 23.2 million), called for the provision of maintenance, repair and other services, as well as supplying various air conditioning systems to SEC facilities around the kingdom.

“SEC is pleased to announce the expansion of its affiliation with Zamil CoolCare. Based on the excellent support delivered by the company pursuant to past contracts, we look forward to a long and beneficial association with this trusted HVAC services partner,” stated Dr.Ibrahim Al-Hamoudi, Executive Vice President, Transmission Area, SEC.

In response to growing regional demand for quality HVAC maintenance, repair and other services, Zamil CoolCare expanded its regional network of offices and service and parts centers, and has become the leading HVAC services company in the region.

New offerings expand selection for customers with conventional and specialized needs

Zamil Air Conditioners (ZAC), a business unit of Zamil Industrial and the leading international manufacturer of air conditioning systems in the Middle East, is pleased to announce the launch of two new series of Modular Condensing Units, as well as completion of the longest customized Chiller ever built in the company's 33-year history. These new product offerings are specifically designed to satisfy market demand for new HVAC solutions that provide maximum application flexibility and energy savings to the company's growing customer base.

The new CAX (60Hz)/CAL (50Hz) and CDX (60Hz)/CDL (50Hz) Series of air-cooled condensing units consists of several models ranging from 20 to 170 tons in cooling capacity. They use engineering excellence to provide comfort in air conditioning and efficiency in industrial cooling, along with a superior combination of energy savings, performance, application flexibility, ease of service and maintenance and the ability to withstand extreme ambient temperatures. These units, suitable for rooftop or ground level installation, can be combined with a wide variety of evaporator coils and blower packages to provide quiet and dependable comfort.

ZAC assures the quality, safety and comfort of these units by a range of standard features such as UL listed electrical components and low noise condenser fans with insulated motors for quiet comfort.

The new series of modular units utilize the environmentally friendly HFC-134a refrigerant, a singular compound form with proven, highly efficient thermodynamic properties. There will be no phase out or replacement costs for the life of the equipment.

ZAC recently designed and built the longest ever chiller in the company's history, with a length of 17.5 meters and 540 tons of cooling capacity. The new Chiller (ASY 540) was custom built for Saudi Aramco and tested at 52 C degrees (126 F°) ambient temperature.

The custom-built duplex air-cooled screw chiller consists of two combined modules and utilizes the environmentally friendly refrigerant R134a. The massive unit offers the ultimate combination of energy saving design and superior engineering features needed to fulfill the evolving requirements of specialized and heavy-duty industrial applications. It incorporates the newest advanced microprocessor controller to monitor analog and digital inputs and achieve precise control and protective functions of the unit, ensuring efficient and reliable operation at all times.

"We are delighted to announce the addition of these two new series of modular condensing units to the ZAC product lineup. They enhance our product range in this category and make our offerings more competitive over the existing series. The ASY540 chiller represents a milestone achievement in our ongoing efforts to provide specialized equipment for heavy industrial applications," says Osama Bunyan, Executive Vice President, ZAC.

Zamil Air Conditioners (ZAC), the leading international manufacturer of air conditioning systems in the Middle East, has become the first Middle Eastern company to achieve the newest Eurovent certification for its Air Handling Units (AHU) TW/TW(H) Series. ZAC units have successfully passed the requirements of the new Eurovent regulations OM-5-2006, which mandate tolerances between the calculated values and the measured values of only +/- 2% for air quantities, air pressure drops, cooling media pressure drops, cooling capacities, heating capacities, energy wheel heat recovery performance, and filtration. Previous regulations 6/C/005-1999 included tolerances of +/- 10%.

Eurovent is a capacity/performance certification that has been made mandatory in Europe and is quickly becoming the operational standard around the world. The Eurovent Certification Program for Air Handling Units supplies a common platform for product evaluation, providing consultants, contractors and consumers with the confidence that product operation will be consistent with the stated performance data. Compliance with the stringent new Eurovent regulations, published in November 2006, gives ZAC's AHU product line and the selection software - ClimCalc - added reliability and value, as both completed compliance testing successfully.

ZAC will add the Eurovent certification to its growing list of important industry certificates, including the ISO 9001:2000 certification, Underwriters Labs Inc. (UL), Air-Conditioning and Refrigeration Institute (ARI), Saudi Arabian Standards Organization (SASO), among others.

This valuable certification, along with the recent launch of the new advanced packaged units and chillers, represents the culmination of ZAC's 32 year commitment to innovation, quality products and customer satisfaction, a commitment largely responsible for the company's rise to its position of prestige and leadership within the HVAC industry.

New products provide additional efficient, cost effective options for customers.

Zamil Air Conditioners (ZAC), a business unit of Zamil Industrial Investment Company and the leading international manufacturer of air conditioning systems in the Middle East, is pleased to announce the launch of the PS and PT series of Packaged Roof Top Air Conditioners and the 50HZ series of ALQ Chillers. These new product lines combine the latest technological advances with excellent engineering to offer new applications for cooling residential, commercial and light industrial spaces.

New Packaged Roof Top Units
The new PS and PT series consists of 12 models ranging from three to 30 tons in cooling capacity. The units are available both in 60 Hz (PS) and 50 Hz (PT) applications. Due to advanced engineering, this series is more compact, lightweight, and has simplified the manufacturing process.

Designed to meet all the requirements of residential, commercial and light industrial applications, the new units are available in a wide range of capacities, from 3TR thru 30TR. Residential customers will be attracted to their compact dimensions, lightweight construction, and optimized airflow allowing for more efficient cooling and greater comfort.

Additional features that make these units convenient and user friendly include: microprocessor based "Performex" controls, high efficiency compressors, enhanced heat transfer coils, factory installed options with an intelligent air quality system using economizers and UV flow emitters, and easy service accessibility for all components.

New Chiller Series
ZAC has recently launched the Cooline ALQ, a new Chiller series also developed for residential and light commercial applications. With the addition of this new series, the ZAC chiller line for the 50HZ ranges now from 10 ton to 440-ton capacity. Largely intended for export, ALQ units utilize both R22 refrigerant and the environmentally friendly R407c alternative.

The series comprises 13 models ranging from 10 to 70 tons refrigeration capacity. They contain high efficiency scroll compressors and heat exchangers, resulting in improved energy conservation. The simple design and compact construction add to customer appeal.

ZAC has also developed a special new chiller for industrial use. The new unit supplies chilled water to the shower and eye wash apparatus commonly used in battery charging areas, laboratories, and areas where hazardous substances are kept or dispensed. ZAC expects to supply these new units to petrochemical plants, where law mandates shower and eye wash facilities of this type.

"We are certain that the new packaged units will increase the competitive edge of ZAC in the market place. We are always looking for new ways to provide the products our clients are looking for, as well as the value and convenience. We have raised the benchmark with the launch of the PS and PT series, but will continue to strive to serve our customers through advanced R&D efforts," says Osama Bunyan, Executive Vice President, ZAC.

"Moreover, the new Chiller series represents the continued commitment of ZAC to develop products according to the needs and concerns of our customers. We have made every effort to produce units that offer customers a product choice that reflects concern for the environment and energy efficiency at an affordable price," added Mr. Bunyan.

Zamil Air Conditioners, a leading Middle East and international manufacturer of air conditioning systems, was recently honored with an award from Sanyo for reaching a milestone of one million compressor purchases over a six year period, during which Sanyo provided exclusive sourcing. The successful, strategic Middle East partnership of the two businesses began in 1998, with ZAC supplying branded air conditioners to Sanyo's operations in the Gulf and Africa.

Sanyo compressor production began in 1970. Current capacity is reported at 11.5 million units manufactured at four diverse locations, with market share estimated at 17% worldwide. Zamil Air Conditioners selected Sanyo compressors for use in the development of the company's new super quiet products and pioneered the use of tropicalized rotary compressors in the region. Sanyo engineers worked closely with Zamil Design Engineers to qualify Sanyo's compressors to meet the stringent technical requirements of Zamil Air Conditioners on performance, sound level and reliability tests.

The two companies are currently exploring the possibilities of expanding the relationship to leverage Zamil's expertise in the manufacturing of Mini split and packaged air conditioners for the Middle East market under OEM (Original Equipment manufacturing) license agreement.

Osama F. Bunyan, Executive Vice President, ZAC, expressed his appreciation and satisfaction to Sanyo Management for their support and service, and reiterated the depth of the long-term commitment of both companies to continue their successful partnership.

Seen in the picture is Mr. Osama F. Bunyan, Executive Vice President, ZAC, receiving the award from Mr. Okui, Managing Director, Sanyo Gulf FZE.

Zamil Air Conditioners (ZAC), a business unit of Zamil Industrial Investment Company (a Saudi Joint Stock Company) and the leading Middle East and international manufacturer of air conditioning systems, has successfully launched its "Cooline from Zamil" brand in Yemen. The product line was officially introduced at the company's technical seminar at the Mövenpick Hotel in Sanaa, Yemen, on Wednesday 28 March 2007, under the patronage of the Mayor of the capital city, Yahya Al-Shuaibi.

Many Yemeni official dignitaries, as well as businessmen, consultants and contractors attended the event. The seminar began with an opening address from Mr. Mutaher Al-Sanabani, General Manager of Styrco for Industry & Trade Company, and agent of Zamil Air Conditioners. After a brief welcome to the audience, he expressed appreciation for their support at the official launch of the "Cooline from Zamil" brand in Yemen. Mr. Al-Sanabani proceeded to commend the exceptional quality of the Saudi made products and detail the success of the company's global brand.

The ZAC delegation included Managers and representatives from each Strategic Business Unit of the company.

"The strengthening of the ZAC position in the Yemeni market provides true evidence of the importance of this promising market. ZAC will offer a comprehensive range of air conditioning products and HVAC solutions, in addition to its support maintenance services and spare parts," said Ahmed Al Zamil, President, ZAC.

"This partnership will reinforce ZAC's position in Yemen and is expected to build brand awareness and loyalty among consumers, clients and contractors. We have the utmost confidence in our ability to contribute to the support of continued growth in the industrial sector of Yemen, particularly with the key support provided by our regional partners and considering our commitment to providing innovative, top quality products in this promising market," added Ahmed Al Zamil.

The seminar, which included lunch and was highlighted by presentations of ZAC HVAC products, services and solutions by ZAC representatives, was considered a technical success as well as a milestone for the growing HVAC market sector in Yemen.

Zamil Air Conditioners (ZAC), a business unit of Zamil Industrial Investment Company (a Saudi Joint Stock Company) and the leading Middle East and international manufacturer of air conditioning systems, has successfully launched its “Cooline from Zamil” brand in Yemen. The product line was officially introduced at the company’s technical seminar at the Mövenpick Hotel in Sanaa, Yemen, on Wednesday 28 March 2007, under the patronage of the Mayor of the capital city, Yahya Al-Shuaibi.

Many Yemeni official dignitaries, as well as businessmen, consultants and contractors attended the event. The seminar began with an opening address from Mr. Mutaher Al-Sanabani, General Manager of Styrco for Industry & Trade Company, and agent of Zamil Air Conditioners. After a brief welcome to the audience, he expressed appreciation for their support at the official launch of the “Cooline from Zamil” brand in Yemen. Mr. Al-Sanabani proceeded to commend the exceptional quality of the Saudi made products and detail the success of the company’s global brand.

The ZAC delegation included Managers and representatives from each Strategic Business Unit of the company.

"The strengthening of the ZAC position in the Yemeni market provides true evidence of the importance of this promising market. ZAC will offer a comprehensive range of air conditioning products and HVAC solutions, in addition to its support maintenance services and spare parts," said Ahmed Al Zamil, President, ZAC.

"This partnership will reinforce ZAC’s position in Yemen and is expected to build brand awareness and loyalty among consumers, clients and contractors. We have the utmost confidence in our ability to contribute to the support of continued growth in the industrial sector of Yemen, particularly with the key support provided by our regional partners and considering our commitment to providing innovative, top quality products in this promising market,"added Ahmed Al Zamil.

The seminar, which included lunch and was highlighted by presentations of ZAC HVAC products, services and solutions by ZAC representatives, was considered a technical success as well as a milestone for the growing HVAC market sector in Yemen.

Zamil Air Conditioners (ZAC), a business unit of Zamil Industrial Investment Company and the leading Middle East and international manufacturer of air conditioning systems, has been awarded two prestigious projects in Sudan with a combined value of SAR 8 million (USD 2.2 million).

The first project includes the supply and installation of three Chillers, using the environmentally friendly refrigerant R-134A and providing 840 tons of cooling capacity, as well as a number of Double-skin Air Handling units and Fan Coil units of different sizes and models. The units will be installed at Marwe Airport, a modern, state-of-the-art international airport in north Sudan featuring expanded runways that support larger, long-distance aircraft. These particular units will provide total cooling solutions for both the main airport hall and the air traffic control tower.

ZAC will also supply and install a number of Mini-split systems to other airport-related facilities, including the Cargo & Administrative buildings. Delivery has already begun and is expected to be completed by July 2007.

"This prestigious project is the latest on our rapidly growing list of successful endeavors in the region. ZAC won this project despite strong competition from major air conditioning brands in the market, and will provide complete air-conditioning design for the entire project. This includes the HVAC ducting layout, exhaust and ventilation systems, as well as the air distribution system," said Osama F. Bunyan, Executive Vice president, ZAC.

The second contract requires the supply of three Chillers-each of 220 TR cooling capacity and using environmentally friendly refrigerants, 14 Double-skin Air Handling units, and 17 Fan Coil units in addition to other cooling equipment and related accessories for the first phase of The Future University, a modern university that consists of six zones and is located in the heart of Khartoum, Sudan.

"ZAC highly specialized air conditioning systems have been delivered to major universities and learning institutions in the GCC and globally. Our design and manufacturing capabilities enable us to meet the most stringent project specifications," added Mr. Bunyan.