Abu Dhabi-UAE: November 29, 2016 – Abu Dhabi Ports, the master developer, operator and manager of the Emirate's commercial and community ports as well as Khalifa Industrial Zone, and Integral Plastic Industries Co. LLC today have signed a Musataha agreement to build a new manufacturing plant in Khalifa Industrial Zone (KIZAD) with an investment of AED10 million.

The agreement was signed by KIZAD CEO, Mana Mohammed Saeed Al Mulla, and Khaled Al Saleh, CEO of Integral Plastic Industries Co., a subsidiary of Light Industries Holding Co., (State of Kuwait).

The manufacturing facility will be built on a plot of 21,649 square meters in KIZAD with the aim of producing 15,000 tons per annum of Plastic Bottles Preform (PET), Plastic Bottles Caps (HDPE), and Plastic Packing Strips Rolls (PET). Production is expected to commence in the first quarter of 2018.

Mana Mohammed Saeed Al Mulla, CEO of KIZAD, said: “We are pleased with the rapid growth we are witnessing at KIZAD as we evolve over time to become the preferred partner for businesses looking to invest in this market. The development of Integral Plastic Industries Co. Abu Dhabi’s manufacturing facility in KIZAD will strategically benefit the industry and its customers who will now have access to national plastic products that meet international standards and reduce their dependency on imports, therefore reducing costs of doing business and increasing the efficiency of supply chains.”

CEO of Integral Plastic Industries Co., Khaled Al Saleh, commented: “Our decision to invest in KIZAD was a result of its attractive business model which features an integrated infrastructure in a prominent location and easy access to regional markets through Khalifa Port. Being one of the fastest growing industrial zones in the region, KIZAD has met all the requirements of our regional development strategy; it is the perfect base for our operations which enables us to extend our products to new markets within the UAE, the Gulf, and the neighbouring regional markets.”

“We will employ the latest and best technologies to meet the growing demand of our customers in the Gulf region for high-quality products that meet best international standards. We will also offer our customers the opportunity to visit our facility once complete in order to experience our production process first-hand and personally track their orders."

Integral Plastic Industries Co.-Abu Dhabi was established in 2016 as a Limited Liability Company registered at the UAE Ministry of Economy. The company is also licensed by the Industrial Development Bureau and the Abu Dhabi Department of Economic Development.

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About Abu Dhabi Ports
Established in 2006, Abu Dhabi Ports celebrates ten years of innovation, growth and partnership embarking on another decade of facilitating economic diversification through enabling maritime and trade development. This is done by delivering high quality maritime services, supporting partners’ infrastructure projects and setting up new companies and joint ventures in the ports and logistics sectors.

The flagship state-of-the-art Khalifa Port and Khalifa Industrial Zone Abu Dhabi (KIZAD) play a pivotal role in the diversification of the economy.  Khalifa Port was inaugurated on 12/12/12 by the UAE President H.H Sheikh Khalifa bin Zayed Al Nahyan. The port’s semi-automated container terminal handles all of Abu Dhabi’s container traffic, after its transfer from Zayed Port, the historic port in the city centre.

Khalifa Port’s current capacity is 2.5 million TEUs (twenty foot equivalent units/containers) and 12 million tonnes of general cargo. Further phases of development will occur as market demand requires. When all phases are complete, Khalifa Port will be able to handle 15 million TEUs and 35 million tonnes of general cargo per year.

Abu Dhabi Ports manages ten commercial, logistics, community and leisure ports, and Khalifa Industrial Zone that is serving a range of logistics and manufacturing investors. Abu Dhabi Ports is boosting Abu Dhabi’s economic growth and diversification, in line with the Abu Dhabi’s Economic Vision. 

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© Press Release 2016