
AD Ports Group's Industrial Cities & Free Zone Attracts Over 95 Polymer Factories
The Sector’s presence has increased to cover over 3.4 million SQM across ZonesCorp and KIZAD
Abu Dhabi, UAE - 04 January 2022 – AD Ports Group today announced that its Industrial Cities & Free Zone Cluster is now home to 95 companies in the polymers sector occupying a land area of 3,454,457 square metres.
AD Ports Group has also witnessed an increasing interest from polymer sector in its Industrial Cities & Free Zone Cluster, which is spread across 550 sq km of industrial and commercial land, and is home to over 1,500 local, regional, and international companies. Based on a Statistics Centre of Abu Dhabi survey, the total investment in the Cluster is estimated at more than AED 140 billion. Today ZonesCorp and KIZAD serve as the regional base for some of the best known companies of varying scale in the plastics and polymer sector.
According to a report by Fortune Business Insights, the global polymer market is expected to grow from $439.28 billion in 2021 to $616.82 billion by 2028, at a combined annual growth rate of 5 per cent between 2021 and 2028, due to its multitude of applications across FMCG, food, beverages, pharmaceuticals, agriculture, and more.
Abdullah Al Hameli, Head of the Industrial Cities & Free Zone Cluster at AD Ports Group, said, “In line with the rising demand for the development of a robust national polymer sector, we are working with our partners to accelerate investment and innovation in the region’s plastics downstream industry. Under the guidance of our wise leadership, we are committed to supporting the UAE's industrial strategy that aims to grow the industrial sector and enhance its role in stimulating the country’s economy.
“By addressing the needs of companies operating in the polymer sector through swift and cost-effective access to polymers feedstock, best-in-class manufacturing infrastructure, and logistics services, we are contributing to Abu Dhabi’s transformation into a major global hub for polymers conversion, as well as the nation’s industrial diversification efforts.”
Mohamed Al Khadar Al Ahmed, Chief Executive Officer, ZonesCorp, said, “Industrial Cities & Free Zone Cluster’s KIZAD Polymers Park has been specifically designed for the global plastic and polymers industry and has evolved significantly since its launch in 2019, serving as a catalyst to propel the polymers downstream sector in the UAE.
“Our collaboration with stakeholders from across the value chain, including polymer manufacturers, converters, and service providers, reflects our ambitious plans to become a hub for the global polymers sector by 2025 and contribute tremendously to the region’s GDP and job creation.”
Situated at a strategic location with robust logistics, Industrial Cities & Free Zone Cluster’s KIZAD Polymers Park enables companies to expand or enter foreign markets and has the potential to produce up to approximately 400,000 tonnes of plastic products annually. It holds great value for local, regional, and global companies seeking a strong, efficient, mature industrial and distribution platform for their next consumer destinations. The hub caters to various polymers’ segments, including industrial use, such as packaging, construction, and semi-finished products; end-use customers, such as household goods, agriculture, and hygiene products; material science, including compounded and composite materials, and 3D Printing.
Share
Home >> Business and Economy Section
RTA Calls on Motorists to Perform Routine Vehicle Checks and Servicing
Dubai Municipality launches ‘Future Talents' programme to train 200 students in future skills
Cigna Healthcare Becomes First Health Partner for UAE Startup Ecosystem Ignyte
FDF hosts dialogue forum to showcase services in Al Khatim
Dubai Open Tennis Academies Championship Concludes with Resounding Success
UAEREP's 12th Rain Enhancement Hub Webinar Session Explores Eco-Friendly Cloud Seeding Technologies
DSS 2025 Unveils AED 20 Million In Prizes With Citywide Raffles and Retail Promotions
Emirates SkyCargo doubles down on providing exceptional customer experience
The Emirates A350 begins regular operations to Muscat
Zoho Strengthens Support for UAE's Tech Sector By Partnering with DART
Dubai Launches Landmark Initiative Further Enabling First-Time Homeownership
SalamAir Releases 2nd Quarter (Q2) On-Time Performance Data
'School of Life' Brings a Summer of Enriching Experiences to Public Libraries
Google launches Veo 3 on Gemini in the Middle East and North Africa