AD Ports Group’s industrial cluster attracts over 95 polymer factories

The Industrial Cities & Free Zone Cluster of AD Ports Group is now home to 95 companies in the polymers sector, occupying a land area of more than 3.4 sq km amid increasing signs of further rapid growth, the company said on Monday.

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 more than 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 Dh140 billion, the company said in a statement.

ZonesCorp and KIZAD today serve as the regional base for some of the best known companies of varying scale in the plastics and polymer sector, it 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,” said Abdullah Al Hameli, Head of the Industrial Cities & Free Zone Cluster at AD Ports Group.

“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,” he said.

According to a report by Fortune Business Insights, the global polymer market is expected to grow from US $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.

“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,” said Mohamed Al Khadar Al Ahmed, Chief Executive Officer, ZonesCorp.

“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,” he said.