KEZAD Group Welcomes Kings Aluminium’s AED 750 million Facility in Abu Dhabi

Abu Dhabi, UAE – 18 December 2023: Khalifa Economic Zones Abu Dhabi – KEZAD Group, the most important operator of built-in and purpose-built financial zones and Kings Aluminium Industries at this time introduced the graduation of development for a state-of-the-art aluminium manufacturing and recycling facility in KEZAD.

With a complete funding of AED 750 million by Kings Aluminium Industries, the power in KEZAD will probably be unfold throughout 100,000 sq. metres of land leased from KEZAD Group for a 50 yr tenure and can supply its uncooked materials from Emirates Global Aluminium, one in all KEZAD Group’s anchor tenants in the Metals sector. EGA operates the area’s largest Aluminium smelter in KEZAD.

The Kings Aluminium facility marks a major step in the UAE’s efforts to localise manufacturing of assorted provide chains, utilise native uncooked materials, improve environmental in addition to sustainability facets in the manufacturing course of, and promote the round economic system.

The facility will remodel virgin aluminium and aluminium waste into high-quality reusable supplies, decreasing the carbon footprint related to aluminium manufacturing. Located on the strategic scorching steel street in KEZAD close to Emirates Global Aluminium’s plant, Kings Aluminium will make use of cutting-edge manufacturing and recycling know-how, effectively processing molten aluminium steel, and billets, and repurposing numerous aluminium waste merchandise.

Mohamed Al Khadar Al Ahmed, CEO, Khalifa Economic Zones Abu Dhabi – KEZAD Group, stated: “We are thrilled to announce a major milestone in the expansion and improvement of our steel cluster with the institution of this new steel downstream manufacturing facility by Kings Aluminium Industries. This strategic funding by Kings Aluminium marks a considerable development in our zone’s industrial capabilities and financial prospects.

“The facility represents an funding in infrastructure and know-how, and a profound vote of confidence in the financial potential of KEZAD Group & Abu Dhabi. We are significantly excited in regards to the integration of this facility with Emirates Global Aluminium. The facility’s proximity to EGA will improve the effectivity of our industrial ecosystem whereas decreasing its operational price and environmental affect by way of shortened provide chains and collaborative operational methods.”

Albert Melkias, CEO, Kings Aluminium Industries stated, “Our new facility symbolises each an funding in sustainable manufacturing and our dedication to Abu Dhabi’s environmental targets. Dedicated to pioneering options for a extra sustainable future, we purpose to cut back waste, promote recycling, and ship wonderful merchandise throughout numerous end-use classes. KEZAD supplies us with unparalleled worth with top-notch infrastructure, absolutely serviced industrial corridors, and seamless integration with Khalifa Port – enhancing our attain and velocity to worldwide shopper markets. Signature property like KEZAD’s scorching steel street supply benefits corresponding to power conservation, improved product high quality, price effectivity, and higher integration in manufacturing processes.”

Robin Phillip, Founder and CEO of First Step FZC, companion in Kings Aluminium Industries stated “This collaboration reinforces the undertaking’s dedication to accountable enterprise practices and additional strengthens Kings Aluminium’s place in sustainable manufacturing and extra importantly in its contribution to Abu Dhabi’s environmental targets.”

This undertaking units a brand new benchmark for sustainable industrial practices in the UAE and serves as a mannequin for different firms in the sector. KEZAD Group continues to paved the way in environmental accountability and innovation whereas strengthening dedication to native financial improvement whereby such industrial initiatives can stimulate sustained infrastructure enhancements, job creation & elevated enterprise for native suppliers and repair suppliers.