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

Contracts

JFD Awarded Australian Navy Commendation

Commendation awarded by the Royal Australian Navy for dedicated work, commitment and support for Exercise Black Carillon 2013   James Fisher Defence (JFD) has

Samsung Heavy Takes Up 7 Container Ship Order

South Korea's Samsung Heavy Industries said on Wednesday that it is proceeding with a project worth 642.9 billion won ($617.67 million) to build seven container ships as planned.

South Stream Gas Pipeline Re-route via Turkey Possible

Turkish Energy Minister Taner Yildiz said on Wednesday that Ankara would consider the passage of the South Stream natural gas pipeline through Turkey if Russia made such a request.

Ports

SC Ports Report Record Pier Container Volumes

Georgetown grows 10 percent fiscal year to date Today South Carolina Ports reported March pier container volumes were the highest since August 2008. Last month the Port handled 85,

Quiet March Sees Cargo Slow in Long Beach

Harsh winter elsewhere, ship deployment changes soften traffic Container volumes at the Port of Long Beach dipped in March, compared to the same month one year ago, with a decline of 1.

West Coast is Key for Exporting Bigger Canada Crops

Canada needs to invest in shipping more grains and oilseeds off the West Coast as harvests get larger, to avoid the massive transportation backlogs that followed last year's record crops,

News

Crashes in Crucial US Crude Waterway Hit 10-year Low

Serious crashes in the bustling Bay of Galveston have fallen to the lowest level in a decade even as more oil moves on U.S. waterways, official data show, suggesting

WireCo Acquires Netherlands’ Endenburg

Company will open new crane distribution center WireCo WorldGroup Inc., the world’s leading producer and marketer of specialty steel ropes and high synthetic ropes,

Keppel Q1 Profits Dip Slightly

The Keppel Corporation released its limited unaudited results for the first quarter ending March31, 2014, reporting a 5% decrease in net profits to S$339 million compared to Q1 2013's S$357 million,

Middle East

Damen Launches Kuwait Oil Company’s New Tug

First of 14 ASD Tugs launched at Damen Shipyards Galati The Kuwait Oil Company’s (KOC) new ASD Tug 3212 was launched end of March at Damen Shipyards Galati, Romania.

Attestation / Endorsement services for seaman in UAE

The Maritime Administration of the United Arab Emirates has introduced services for the attestation of seaman contract and issuance of oil/chemical/gas tanker endorsement.

Libya's Zawiya Oil Port Reopens

Libya's western Zawiya oil port has resumed operations after protesters vacated the entrance to    the facilities and the adjoining refinery will restart in about 24 hours,

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Naval Architecture Offshore Oil Pod Propulsion Port Authority Ship Repair Ship Simulators Shipbuilding / Vessel Construction Sonar
rss | archive | history | articles | privacy | 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: 0.0951 sec (11 req/sec)