New OPS Plant to Start Production in Abu Dhabi

MarineLink.com
Wednesday, December 11, 2013
Photo: ADPC

Khalifa Industrial Zone Abu Dhabi (Kizad), a subsidiary of Abu Dhabi Ports Company (ADPC), and Polysys Additive Technologies Middle East (PAT ME) held a groundbreaking ceremony, laying 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. PAT ME signed a 30-year Musataha agreement with Kizad.

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 metric tons 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 U.S.A.

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.”

adpc.ae/en
 

Maritime Reporter February 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Ports

Zamakona, Finnish GS-Hydro Ink Deal

The presentation ceremony of the Finnish multinational leader in water services GS-Hydro, new partner of Zamakona Yards in Canarias was held yesterday (January 29th at 7 p.

Adani Group Revamps Businesses

Adani Enterprises Limited together with its subsidiaries Adani Ports and Special Economic Zone Limited (“APSEZ”) and Adani Power Limited (“APL”) today announced

PHA Budgets $ 275 mi for Capital Improvements

In 2015, the Port of Houston Authority has budgeted $275 million for various capital improvement projects. About $184 million is being allocated to its container

News

Zamakona, Finnish GS-Hydro Ink Deal

The presentation ceremony of the Finnish multinational leader in water services GS-Hydro, new partner of Zamakona Yards in Canarias was held yesterday (January 29th at 7 p.

Naval EXPO Coming to Washington

For the first time ever, the general public will be admitted free to the Naval Future Force Science and Technology EXPO general exhibit hall Feb. 4-5 where they

Adani Group Revamps Businesses

Adani Enterprises Limited together with its subsidiaries Adani Ports and Special Economic Zone Limited (“APSEZ”) and Adani Power Limited (“APL”) today announced

Middle East

Directorate Changes at Fastnet

Fastnet, the UK and Irish listed E&P company focused on near-term exploration and appraisal acreage in Morocco and the Celtic Sea, announces certain management

Russia – Turkey Gas Pipeline Approved

Ankara hosted today a working meeting between Alexey Miller, Chairman of the Gazprom Management Committee and Taner Yildiz, Turkish Minister of Energy and Natural Resources.

Libya Returns Fuel Tanker to Rival Government

Libya's recognized government has released a tanker forced to dock at a port under its control after originally banning it from delivering fuel to its rival administration,

 
 
Maritime Careers / Shipboard Positions Naval Architecture Navigation Pod Propulsion Port Authority Salvage Ship Electronics Ship Repair Ship Simulators Sonar
rss | archive | history | articles | privacy | terms and conditions | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.2010 sec (5 req/sec)