The Khalifa Industrial Zone Abu Dhabi has launched Kizad Polymers Park. The new site will form an ‘integral’ part of the hi-tech polymers conversion ecosystem in the United Emirates.
The Park is hoped to become a major economic driver for the UAE, producing 300-400 kilo tonnes of plastic products a year, creating up to 7000 new jobs, and contributing US$ 2.5 billion to GDP by 2025.
The potential export market for the Park is estimated at US$ 500 million annually. As such, the site is expected to position Abu Dhabi as a specialist region when it comes to sustainability and advanced polymer technologies.
Kizad Park will cater to a variety of different polymers segments, including industrial use, such as packaging, construction, and semi-finished products; end-use customer, such as household goods, agriculture and hygiene products; material science, including compounded and composite materials, and 3D Printing.
The park is hailed as ‘crucial’ to the country’s circular economy and polymer recycling industry. It will host a suite of sustainable services, including diversified polymers space and raw materials, production systems and technical support, polymers distribution and trading, and logistics.
Having the state-of-the-art Khalifa Port on its doorstep also provides the 20 polymers companies (such as Cosmoplast, Songwon Polysys and Schmidt Middle East) near Kizad Park easy access to polymers distribution, logistics, storage and trading across the globe while ensuring raw material supply from other polymers producers in the region and globally.
Meanwhile, the already existing Ruwais Conversion Park will provide opportunities for downstream conversion of materials that may be ‘economically challenging’ to transport over longer distances for further conversion.
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