ONE OF THE MAJOR ANNOUNCEMENTS AT THE ALUMINIUM MIDDLE EAST 2013 EXHIBITION TODAY WAS THAT CAST ALUMINIUM INDUSTRIES (CAI), THE MID-STREAM ALUMINIUM PRODUCER AND RECYCLER, HAS BECOME THE LATEST INVESTOR AT KHALIFA INDUSTRIAL ZONE ABU DHABI (KIZAD).
One of the major announcements at the Aluminium Middle East 2013 exhibition today was that Cast Aluminium Industries (CAI), the mid-stream aluminium producer and recycler, has become the latest investor at Khalifa Industrial Zone Abu Dhabi (Kizad).
The long-term Musataha land rental agreement, in the aluminium industrial cluster, is estimated to be worth more than AED 33 million, and was signed by Khaled Salmeen Al Kuwari, CEO and Managing Director of Kizad, and Sulaiman Muhammad Khalifa Al Suwaidi, President and CEO of CAI.
The allocated 33,000m2 (355,209 sq.ft) plot of land in Area A, adds to an already healthy aluminium cluster and will be in close proximity to Kizad’s anchor aluminium investor, Emirates Aluminium (EMAL).
CAI’s arrival represents a natural addition to the downstream aluminium cluster and will have an immediate and integrated role in the production and the supply chain services of the industry. Although not the first aluminium investor in Kizad, CAI will be the first to represent “horizontal integration” in the cluster. There is a zero waste target with CAI also intending to play an instrumental role in the waste-recovery management of the other investors in the cluster.
CAI has a wide array of clients in primary aluminium smelters across the UAE (DUBAL & EMAL) and the wider region including ALBA, QATALUM and other secondary smelters. By setting up in Kizad, CAI will continue to service its existing client base as well as other downstream industries.
With the use of the adjacent state-of-the-art Khalifa Port, CAI initially expects to export 300 TEUs (containers) annually. Kizad’s strategic location and its transportation network through road, sea, air and eventually rail, through the intra-Gulf rail network being developed by Etihad Rail, will be instrumental to CAI’s ability to connect with its customers in the region.
Commenting on the agreement, Khaled Salmeen said:
“Kizad is proud to welcome another long term aluminium investor, especially one that is committed to zero waste, efficiency and environmental sustainability. Cast Aluminium Industries is a great asset to Kizad and I am confident that its business will be significantly boosted by the industrial zone’s outstanding access to global markets, low operating cost environment, and from the anchor tenant – EMAL.”
“Recycling is not a common initiative in the industrial business, therefore securing Cast Aluminium as a partner that will play a leading role in waste-recovery management will change the nature of this business in the UAE. By encouraging this, Kizad is also working towards two of our Economic Vision’s core pillars of economic and environmental sustainability,” concluded Salmeen.
CAI’s CEO, Al Suwaidi, stated:
“Cast Aluminium Industries is proud to be Kizad’s first recycling investor in the aluminium cluster. Kizad’s superior transportation network will provide our business with unparalleled connectivity to all our clients in the UAE and the region, giving us a competitive advantage that will enhance our production. Our location in the industrial zone with its proximity to Khalifa Port will reaffirm our commitment to further strengthening Abu Dhabi’s economic vision of diversifying its economy through industry, and reducing the effects on the environment.”
CAI was formed in 1992. It is expected to commence operations in Kizad in Q3 of 2014. The company specialises in aluminium dross recycling and other aluminium bearing waste materials produced by aluminium smelters.
At the Aluminium Middle East 2013conference and exhibition, Kizad’s stand is situated near the main entrance (E100) and will be showcasing its offering to prospective investors in the aluminium industry throughout the event. General Manager of CAI, Waheed Ahmed, is also a guest speaker at the event.
About Kizad
Kizad (Khalifa Industrial Zone Abu Dhabi) is a 418 square kilometre industrial zone, strategically located between Abu Dhabi and Dubai. With one of the world’s most advanced deep-water seaports and world-class infrastructure, Kizad will benefit from excellent multimodal connectivity via sea, air, road and rail networks to ensure easy accessibility to and from the Industrial Zone. “Phase One” includes Khalifa Port and the 52 square kilometres around it that was an investment of AED 26.5 billion or USD7.2 billion.
Kizad is a cornerstone of the Abu Dhabi Economic Vision 2030 which also highlights the drive to diversification of the economy in pursuit of sustainable growth less dependent on the oil and gas industries. By 2030, Kizad will be expected to contribute up to 15% of Abu Dhabi’s non-oil GDP.
www.kizad.com | @KizadUAE
About Cast Aluminium Industries
Cast Aluminum Industries was established in the year 1995 under the patronage of Mr. Sulaiman Muhammad Khalifa Al Suwaidi. Led by Mr. Waheed Ahmed (General Manager) & Mr. Muhammad Kashif Nazir (Plant Manager) today it is a one stop shop for dross processing of the region’s Primary & Secondary Smelters.
Through its commitment and hard work Cast Aluminum Industries today is the preferred service provider for the recycling of drosses for the Primary Smelters in the UAE. Expanding its horizons Cast Aluminum Industries is looking to attract other Primary Smelters of the region and also gearing up for the new branch to be opened in KIZAD, Abu Dhabi with a vision of Zero Waste Industry in Q3, 2014.
Cast Aluminum Industries is ISO 9001, 14001 & OHSAS 18001 certified & holds the approvals from Dubai Municipality and Dubai Civil Defense and is a proud member of Emirates Environmental Group.
www.cai.aeAbout Abu Dhabi Ports Company
Abu Dhabi Ports Company (ADPC) is a master developer and regulator of ports and industrial zones.
ADPC’s core objective is to facilitate the diversification of Abu Dhabi’s economy by acting as an enabler for development and trade. It will achieve this by managing commercial ports throughout the Emirate, supporting partners with their infrastructure projects and setting up new companies and joint ventures with partners who service and operate in the ports and industrial zones sector.
ADPC was created in 2006 as part of the restructuring of the commercial ports sector in the Emirate of Abu Dhabi and given control and regulatory enforcement power over all commercial ports assets previously owned by the Abu Dhabi Seaports Authority. ADPC strives to be at the forefront of progress in industrial logistics and infrastructure and is currently focused on creating one of the world’s largest concentrations of industry at Kizad.
For additional information, please contact:
Mazen Thabet, Communications Manager, Industrial Zones, ADPC
Mobile: +971 55 9564133
E-mail: mazen.thabet@adpc.ae