Polysys Additive breaks ground in Kizad
Abu Dhabi, December 8, 2013
Khalifa Industrial Zone Abu Dhabi (Kizad), a subsidiary of Abu Dhabi Ports Company (ADPC), and Polysys Additive Technologies Middle East (PAT ME) have laid the foundation for a polymer stabilizers manufacturing plant.
The plant will be located in the industrial zone within the dedicated mixed use cluster covering an area of 197,424 sq ft.
The plant, which is expected to be finalised by 2014, will focus on the production of polymer stabilizers called Songnox One Pack Systems. The facility will have an initial capacity of 7,000 tonnes per year with expansion options to be implemented as per industry demand.
The One Pack System solution is a multicomponent, tailor made blend of additives in a pelletized form. When producing plastics, which are polymerized products, additives are critical components ensuring that the products achieve important characteristics such as ease of processing, UV resistance and protection against heat degradation.
PAT ME is a joint venture between Polysys Industries Abu Dhabi and Songwon Additive Technologies, Switzerland, a leading global supplier of OPS with plants in Europe and the US.
Khaled Salmeen, CEO and managing director of Kizad, said: “With Polysys Additive Technologies Middle East we have won another strong business partner that will tremendously benefit from our excellent market access through Khalifa Port, state-of-the-art ICT Services and vertically integrated clusters which provide most time and cost effective production lines. Over 40 investors from around the world have started construction of their facilities, and we are delighted that Polysys will follow that path.”
Mohamed Al Muhairi, director of the Board of PAT ME, said: “The plant will be serving our regional customers growing needs for OPS. With its right location and excellent infrastructure Kizad provides the perfect platform for operating our business. The JV partners bring a combination of regional market knowledge, latest technology and key raw material access. We are looking forward to growing our business and facility together with Kizad.” – TradeArabia News Service
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