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AD Ports Group announced today that its industrial city and free zone clusters now have 95 polymer industry companies covering an area of 3,454,457 square meters.
AD Ports Group has also witnessed the growing interest in it from the polymer industry Clusters of industrial cities and free zones, covering 550 square kilometers of industrial and commercial land, with more than 1,500 local, regional and international companies. According to a survey conducted by the Abu Dhabi Statistics Center, the total investment in the cluster is estimated to exceed 140 billion dirhams. Today, ZonesCorp and KIZAD are regional bases for some of the most famous companies of various sizes in the plastics and polymers industry.
According to a report by Fortune Business Insights, the global polymer market is expected to grow from USD 439.28 billion in 2021 to USD 616.82 billion in 2028, with an annual growth rate of 5% between 2021 and 2028 due to its extensive Application fast moving consumer goods, food, beverage, medicine, agriculture, etc.
Abdullah Al Hameli, Head of Industrial City and Free Zone Cluster, AD Ports Group, Said: “As the demand for the development of a strong national polymer industry continues to grow, we are working with partners to accelerate investment and innovation in the region’s downstream plastics industry. Under the guidance of our wise leadership, we are committed to supporting the UAE The industrial strategy aims to develop the industrial sector and enhance its role in stimulating the country’s economy.
“With fast and cost-effective access to polymer raw materials, first-class manufacturing infrastructure and logistics services to meet the needs of operating companies in the polymer industry, we are contributing to the transformation of Abu Dhabi into a major global center for polymer conversion, and The country’s industrial diversification efforts.”
Mohamed Al Khadar Al Ahmed, CEO of ZonesCorp, Said: “The KIZAD polymer park in industrial cities and free zone clusters is designed for the global plastics and polymer industries. Since its launch in 2019, it has achieved significant development and has become a catalyst for the development of the UAE polymer downstream industry.
“Our cooperation with stakeholders across the value chain (including polymer manufacturers, processors, and service providers) reflects our ambitious plan to become the center of the global polymer industry by 2025, The region’s GDP and job creation make a huge contribution.”
The KIZAD polymer park in the industrial city and free zone cluster is located in a strategic location with strong logistics, enabling the company to expand or enter foreign markets, and it is possible to produce approximately 400,000 tons of plastic products per year. It has great value for local, regional and global companies seeking a strong, efficient, and mature industrial and distribution platform for their next consumer destination. The center caters to various polymer segments, including industrial uses, such as packaging, construction, and semi-finished products; end-use customers, such as household products, agriculture, and sanitary products; materials science, including composites and composites, and 3D printing.
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