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.
Photo Caption: Polymer’s manufacturing operations in AD Ports Group’s Industrial Cities & Free Zone Cluster.
About AD Ports Group:
Established in 2006, AD Ports Group today serves as the region’s premier facilitator of logistics, industry, and trade, as well as a bridge linking Abu Dhabi to the world. Part of ADQ, one of the region’s largest holding companies with a broad portfolio of major enterprises spanning key sectors of Abu Dhabi’s diversified economy, AD Ports Group’s vertically integrated business approach has proven instrumental in driving the emirate’s economic development over the past decade.
Operating several clusters covering Ports, Industrial Cities & Free Zone, Maritime, Logistics, and Digital, AD Ports Group’s portfolio comprises 10 ports and terminals, and more than 550 square kilometres of industrial zones within KIZAD and ZonesCorp, the largest integrated trade, logistics, and industrial business grouping in the Middle East.
For more information, please visit: adportsgroup.com
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About KIZAD
Established in 2010 and operational since 2012, KIZAD is a subsidiary of AD Ports Group, under its Industrial Cities and Free Zones portfolio. Strategically located between Abu Dhabi and Dubai – with the deep-water Khalifa Port as its maritime gateway – KIZAD is Abu Dhabi’s integrated trade, logistics and industrial hub facilitating sustainable growth in metals, polymers, food, automotive, water and oil and gas. KIZAD is one of the world’s largest industrial zones, spanning across 410 square kilometres.
For more information, please visit: kizad.ae
About ZonesCorp
ZonesCorp, an AD Ports Group’s company, is responsible for planning, developing, and managing specialised fully integrated economic zones for investors within the emirate of Abu Dhabi. Through its nine integrated economic zones that cover a total area of more than 140 square kilometers in the cities of Abu Dhabi and Al Ain, ZonesCorp is shaping the future growth of Abu Dhabi’s industrial landscape, in addition to managing more than 40 workers’ residential cities and facilities.