February 21, 2025
The 22,000 sqm polymer and packaging facility will produce 100 percent sustainable products
Abu Dhabi, United Arab Emirates – 21 February 2025: Khalifa Economic Zones Abu Dhabi – KEZAD Group, the largest operator of integrated and purpose-built economic zones 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 polymers factory in KEZAD A (KEZAD Al Ma’mourah). The new facility will produce 100 percent sustainable polymers, helping manufacturers transition to plastic-free packaging solutions.
ETG is investing AED 150 million in the 22,000 sqm facility reinforcing its commitment to pioneering green technologies for its polymers business and contributing to a circular economy. The plant will manufacture compostable polymer resin, which will facilitate the packaging industry’s move toward sustainable solutions, and boost KEZAD’s efforts in leading the development of a sustainable manufacturing hub.
The new ETG facility will leverage KEZAD’s world-class infrastructure, strategic market access, business-friendly environment with favourable policies and regulatory support to accelerate its market presence in the region.
Mohamed Al Khadar Al Ahmed, CEO, Khalifa Economic Zones Abu Dhabi - KEZAD Group said: “We are proud to welcome ETG to KEZAD’s ever expanding community of sustainable businesses. As a leader in bio compostable packaging solutions, ETG’s presence in KEZAD is a significant step forward in our endeavours to drive sustainability in industrial development, and will contribute to reducing environmental impact and promoting a circular economy.
“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.”
Kishore Kumar Reddy, CEO and Co-founder, ETG said: “At ETG, we believe sustainability is the future of packaging. Our new facility in KEZAD marks a critical step in eliminating plastic.”
Shoukath Ali, Cofounder, ETG said: "We are excited to partner with KEZAD Group, which shares our vision for a greener planet.”
Tariq Iqbal, Cofounder, ETG said: “Together, we will drive innovation, support the UAE’s sustainability goals, and set a new benchmark for eco-friendly manufacturing in the region.”
The polymers industry plays a crucial role in sustainability by embracing innovative solutions that minimise environmental footprint. Companies are designing reusable and recyclable products by increasingly adopting circular economy principles and advancements in sustainable production technologies that help to reduce waste and energy consumption. ETG’s new establishment in KEZAD will facilitate its mission to design a green future for the industry, and chart a path of growth for the company.
Thank you for your interest in our Investor downloads. You will be added to our investor database to receive updates from our investor relations teams by filling in the form.
This website contains general information about Abu Dhabi Ports PJSC (AD Ports Group) (the “Company”). The contents have been made available to you solely for information purposes and does not purport to be complete. By reading information on this website you agree to be bound as follows: nothing on this website shall constitute or deemed to constitute an invitation to invest or otherwise deal in securities in the Company.
Any investor or prospective investor considering making a transaction of securities in the Company should consult with its own counsel and advisers as to all financial, legal, tax, and related matters concerning an investment in such securities.
This website contains forward‐looking statements. These statements may include the words “believe”, “expect”, “anticipate”, “intend”, “plan”, “estimate”, “project”, “will”, “may”, “targeting” and similar expressions as well as statements including, without limitation, those regarding the financial position, business strategy, plans, targets and objectives of the management of the Company for future operations, including development plans and objectives. Such forward‐looking statements involve known and unknown risks, uncertainties and other important factors which may affect the Company’s ability to implement and achieve results set out in such forward‐looking statements and which may cause actual results and developments to be materially different from any forecast, opinion or expectation expressed on this website.
By clicking Accept, I understand that I may be contacted by AD Ports Group and Affiliates in relation to this event and other similar events and services relevant to my industry. By registering for this event, I acknowledge that AD Ports Group and Affiliates may contact me as described herein and as otherwise set out in the Privacy Policy and in accordance with stated Terms and Conditions