Polysys Additives Technologies ME (PAT ME) has broken ground on a manufacturing plant in the Khalifa Industrial Zone Abu Dhabi (Kizad) in Abu Dhabi.
After signing a 30-year Musataha agreement with Kizad, a subsidiary of Abu Dhabi Ports Company (ADPC), PAT ME has laid the foundation for its One Pack Systems (OPS) manufacturing plant within a mixed use cluster at Kizad and covering 18,300 sqm.
The plant, set to complete in 2014, will focus on producing polymer stabilisers called Songnox One Pack Systems. An initial capacity of 7,000 tonnes per year could be expanded to meet demand.
PAT ME describes its One Pack System as a multicomponent blend of additives in a pelletised form. Additives are critical in plastic production to ensure ease of processing, UV resistance and protection against heat degradation.
Polysys Additive Technologies Middle East (PAT ME) is a joint venture between Polysys Industries Abu Dhabi and Songwon Additive Technologies AG, Switzerland, a leading global supplier of OPS with plants in Europe and USA.
More than 40 investors have now starting constructing facilities at Kizad, said Khaled Salmeen, the zone’s CEO and managing director.
“With Polysys Additive Technologies Middle East we have won another strong business partner that will tremendously benefit from our excellent market access through Khalifa Port, state-of-the-art ICT Services and vertically integrated clusters which provide most time and cost effective production lines,” he said.
Mohamed Al Muhairi, director of the board of PAT ME, said the plant will serve regional demand for OPS.
“With its right location and excellent infrastructure Kizad provides the perfect platform for operating our business,” he said.
“The JV partners bring a combination of regional market knowledge, latest technology and key raw material access. We are looking forward to growing our business and facility together with Kizad.”