Khalifa Economic Zones Abu Dhabi – KEZAD Group and ETG Bio Green Polymer have signed a 50-year land lease agreement to establish a compostable polymers factory in KEZAD A (KEZAD Al Ma’mourah).
The new facility will reportedly produce 100 per cent sustainable polymers, helping manufacturers transition to plastic-free packaging solutions.
ETG is investing AED 150 million ($40.8 million) in the 22,000-square-metre facility. The plant will manufacture compostable polymer resin, which will facilitate the packaging industry’s move toward sustainable solutions.
The new ETG facility aims to leverage KEZAD’s infrastructure, strategic market access, and business-friendly environment with favourable policies and regulatory support to accelerate its market presence in the region.
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Mohamed Al Khadar Al Ahmed, CEO, Khalifa Economic Zones Abu Dhabi – KEZAD Group said: “By supporting green industries in KEZAD, we are working towards advancing Abu Dhabi’s vision for a greener future and strengthening its position as a hub for sustainable manufacturing.
“We look forward to a successful partnership with ETG to enable meaningful change in the polymers industry.”
