Khalifa Industrial Zone Abu Dhabi (Kizad), a subsidiary of Abu Dhabi Ports Company (ADPC), and Polysys Additive Technologies Middle East (PAT ME) have celebrated their ground breaking ceremony.
After signing the 30 year Musataha agreement with Kizad, PAT ME has now laid the foundation for its One Pack Systems (OPS) manufacturing plant which will be located in the industrial zone within the dedicated mixed use cluster covering an area of 197,424 square feet.
The plant, which is expected to be finalized 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.
Polysys Additive Technologies Middle East (PAT ME) is a joint venture between Polysys Industries Abu Dhabi and Songwon Additive Technologies AG, Switzerland, a leading global supplier of OPS with plants in Europe and USA.
Commenting on the planned OPS manufacturing facility, Engineer 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, added:
“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.”