Publish dateSaturday 22 February 2025 - 13:34
Like 0
The Khalifa Economic Zones Group (KEZAD) and ETG Bio Green Polymer, a global leader in sustainable manufacturing, have announced the signing of a 50-year land lease agreement to establish a state-of-the-art compostable polymer plant in KEZAD A.
ETG to establish AED150 million facility in KEZAD
According to Amac News, the new facility will produce 100% sustainable polymers and help manufacturers transition to plastic-free packaging solutions.
ETG is investing Dh150 million in the facility, which will cover an area of ​​22,000 square meters. The plant will produce compostable polymer resin and help the packaging industry move towards sustainable solutions.
ETG’s new facility will benefit from KEZAD’s global infrastructure, access to strategic markets, and a conducive business environment to accelerate its presence in the regional market.
Mohammed Al-Kader Al-Ahmad, CEO of KEZAD Group, welcomed ETG to the KEZAD business community, adding that the company’s presence as a leader in bio-compost packaging solutions is an important step forward in the group’s efforts to advance sustainability in industrial development.
Kishore Kumar Reddy, CEO and Co-Founder of ETG, also said: “At ETG, we believe that sustainability is the future of packaging. Our new facility at KEZAD is a vital step in eliminating plastic.”
Shawkat Ali, another Co-Founder of ETG, also expressed his delight at the collaboration with KEZAD Group, saying that the collaboration reflects ETG’s vision for a greener planet.
The polymer industry plays a significant role in sustainability as it embraces innovative solutions that minimize environmental impacts.
https://amacnews.com/vdcd.o0x2yt0nkme6y.html
Post a comment
Your Name
Your Email Address