Abu Dhabi Polymer Park’s Construction on Schedule

ABU DHABI — The construction of Abu Dhabi Polymers Park is underway and on schedule for its first industrial plot in Mussafah ICAD-III.

By Haseeb Haider

Published: Fri 9 Jan 2009, 1:02 AM

Last updated: Sun 5 Apr 2015, 9:36 PM

Abu Dhabi Polymers Park is an industrial park spanning 4.5 square kilometres and is expected to generate up to $4 billion of investments in the plastics conversion industry.

With an expected total conversion of over 1 million metric tonnes of polymer per year, it will be the world’s largest plastics conversion cluster. This will be another major step in the diversification of the UAE downstream petrochemicals industry, adding more value to oil and gas raw materials locally.

The first factory will host Bonar Emirates Technical Yarns LLC, a joint venture between Abu Dhabi Basic Industries Corporation (ADBIC) and Low & Bonar PLC, the international performance materials manufacturer.

As part of its first phase, the joint venture, will establish a manufacturing plant for the production of artificial grass yarn — a fast-growing product segment within Low & Bonar’s portfolio. Total initial investment is estimated at $25 million.

Mohammed Hasan Al Qamzi, Senior Vice-President of ADBIC’s Abu Dhabi Polymers Park, said, “We are very happy to see the first group of factory buildings being designed and built on time and according to our challenging plans.”

He said that Abu Dhabi Polymers Park is a new concept for the plastics industry in the region focusing on providing value-added services specifically for plastics converters. “Since the official launch in June this year, we have had very strong interest from both regional and international plastics converters,” he added.

Construction of the factory began in September 2008. Abu Dhabi Polymers Park is planning to construct three further factory buildings for leasing on the same industrial plot during 2009. “The Middle East is also one of the fastest growing areas for many of our other products such as specialist textiles used in civil engineering, where Low & Bonar already enjoys a world leading position ,” said Paul Forman, Group Chief Executive of Low & Bonar.

· haseebhaider@khaleejtimes.com