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Delmon Industrial Complex sets up an oil facility in KEZAD

news agency wam , 16 Nov 2024 - 11:46

Khalifa Economic Zones Abu Dhabi (KEZAD) and Saudi Arabia-based Delmon Industrial Complex have announced the signing of a 50-year land lease agreement for the establishment of a state-of-the-art plant in the KEZAD area.


According to Amac News: KEZAD has stated that the purpose of this plant is to meet the needs of the oil and gas industry.
The plant, which will be developed with an investment of AED50 million by Delmon Industrial Complex, will manufacture and supply products to serve the requirements of oil and gas companies in the region and beyond.
Delmon Industrial Complex is part of Delmon Group, established in 1981 in the Kingdom of Saudi Arabia, and is recognized as a reputable brand in the fields of mining, oil and gas, chemicals, construction, and logistics services.
The establishment of the new Delmon Industrial Complex plant in KEZAD is part of Delmon Group's strategy to expand its operations in the UAE and aims to become an integral part of KEZAD's industrial zone for the oil and gas sector.
Spanning approximately 59,000 square meters, the proposed plant will undertake exploration, extraction, and refining activities to process minerals into specialized products suited for the oil and gas industry.
Oil and gas production involves complex processes across upstream, midstream, and downstream services, requiring the support of smart industrial systems that make extraction, production, and distribution reliable and seamless.


Story Code: 2069

News Link :
https://www.amacnews.com/en/news/2069/delmon-industrial-complex-sets-up-an-oil-facility-in-kezad

AMAC
  https://www.amacnews.com