**Abu Dhabi**: Khalifa Economic Zones Abu Dhabi (KIZAD) has entered a 50-year lease with ETG Bio Green Polymer to build a state-of-the-art plant for biodegradable plastics, marking a significant step towards sustainable manufacturing in the industrial sector and fostering innovation in eco-friendly solutions.
Khalifa Economic Zones Abu Dhabi (KIZAD Group) has announced a significant advancement in sustainable manufacturing with the signing of a 50-year lease agreement with ETG Bio Green Polymer, a global leader in the production of sustainable materials. The agreement, inked in Abu Dhabi, will see the establishment of a state-of-the-art plant dedicated to the production of biodegradable plastics within the KIZAD A (KIZAD Al-Mamoura) zone.
This new facility is expected to produce sustainable alternatives to traditional packaging materials, utilising 100% biodegradable plastics. The initiative aligns with the growing industrial sector’s focus on environmentally friendly solutions as it shifts away from conventional plastic products. ETG’s investment in this project amounts to 150 million dirhams and spans an area of 22,000 square meters.
The plant will manufacture biodegradable polymer resins, which are anticipated to provide the packaging sector with green and sustainable options. This development not only reinforces KIZAD’s standing as a premier hub for sustainable manufacturing in the region but also demonstrates ETG’s commitment to fostering innovation in sustainable technologies.
Mohamed Al-Khadr Al-Ahmed, CEO of Khalifa Economic Zones – KIZAD Group, expressed enthusiasm about ETG’s entry into the KIZAD community, noting, “The inclusion of ETG, a leader in biodegradable packaging solutions, in the industrial sector ecosystem in KIZAD is a significant step in achieving our goals toward enhancing sustainability in the industrial sector, as well as contributing to reducing environmental impact and promoting a circular economy.” He highlighted the strategic advantages KIZAD offers, including world-class infrastructure, easy access to regional and global markets, and a conducive investment climate.
Kishore Kumar Reddy, CEO and co-founder of ETG, remarked on the company’s vision, stating, “We believe that sustainability is the future, and our new facility in KIZAD represents an important step towards completely eliminating plastics in the packaging materials industry.” Additionally, co-founder Shaukat Ali noted the importance of their partnership, saying, “We look forward to collaborating with KIZAD Group, which shares our vision for building a greener and more sustainable future.”
Tariq Iqbal, another co-founder of the company, added, “Together, we will enhance innovation, support sustainability goals in the UAE, and set new standards for environmentally friendly manufacturing in the region.”
The plastics industry is undergoing a significant transformation as it seeks to adapt to sustainable practices, including the design of reusable and recyclable products and the implementation of circular economy principles. The establishment of ETG’s new plant within KIZAD is a noteworthy development in this context, aiming to redefine the future of the industry by offering innovative and environmentally friendly manufacturing solutions. The move reflects a broader trend as companies strive to mitigate their environmental impact and contribute to the long-term sustainability of the sector.
Source: Noah Wire Services
- https://container-news.com/etg-to-build-us41-million-sustainable-polymers-facility-in-uae/ – This article supports the claim that ETG is investing in a sustainable polymers facility in the UAE, aligning with the broader initiative of establishing a biodegradable plastics plant.
- https://www.wam.ae/en/article/bibbron-etg-establish-aed150-million-facility-kezad – This source confirms ETG’s investment of AED150 million in a facility within KEZAD, reinforcing the commitment to sustainable technologies.
- https://menafn.com/1109239495/KEZAD-And-ETG-Bio-Green-Polymer-Ink-50-Year-Deal-For-Compostable-Polymers-Facility – This article corroborates the signing of a 50-year land lease agreement between KIZAD and ETG Bio Green Polymer for a compostable polymers facility.
- https://www.noahwire.com – This is the source of the original article, providing context for the partnership between KIZAD and ETG in promoting sustainable manufacturing.
- https://www.kizad.ae/en/about-us – Although not directly mentioned in the search results, this URL would typically provide information about KIZAD’s infrastructure and strategic advantages, supporting the claims about its role in sustainable manufacturing.
- https://www.etg.world – This would be ETG’s official website, potentially offering insights into their vision for sustainability and their role in the biodegradable packaging solutions industry.
- https://www.aletihad.ae/news/%D8%A7%D9%84%D8%A7%D9%82%D8%AA%D8%B5%D8%A7%D8%AF%D9%8A/4553847/-%D8%A5%D9%8A-%D8%AA%D9%8A-%D8%AC%D9%8A–%D8%AA%D8%A4%D8%B3%D8%B3-%D9%85%D9%86%D8%B4%D8%A3%D8%A9-%D8%A8%D9%82%D9%8A%D9%85%D8%A9-150-%D9%85%D9%84%D9%8A%D9%88%D9%86-%D8%AF%D8%B1%D9%87%D9%85-%D9%81%D9%8A–%D9%83%D9%8A%D8%B2%D8%A7%D8%AF – Please view link – unable to able to access data
Noah Fact Check Pro
The draft above was created using the information available at the time the story first
emerged. We’ve since applied our fact-checking process to the final narrative, based on the criteria listed
below. The results are intended to help you assess the credibility of the piece and highlight any areas that may
warrant further investigation.
Freshness check
Score:
8
Notes:
The narrative does not contain specific dates or outdated references, suggesting it is relatively recent. However, without a specific date or confirmation of recent publication, it cannot be given a perfect score.
Quotes check
Score:
9
Notes:
The quotes appear to be original and specific to this announcement. Without prior online references, it suggests these are likely first-time uses of these quotes.
Source reliability
Score:
6
Notes:
The narrative originates from a less well-known publication, which may reduce certainty about its reliability compared to major international news outlets.
Plausability check
Score:
8
Notes:
The claims about sustainable manufacturing and biodegradable plastics align with current trends in the industry. However, specific details like the exact timeline for the plant’s operation are not provided.
Overall assessment
Verdict (FAIL, OPEN, PASS): OPEN
Confidence (LOW, MEDIUM, HIGH): MEDIUM
Summary:
The narrative appears plausible and recent, with original quotes. However, the source’s reliability is somewhat uncertain, and specific details about the project timeline are lacking. Therefore, while the information seems generally credible, further verification is needed for full confidence.
