Gulf Biopolymers Industries Ltd. (GBI) has joined the KEZAD ecosystem under a 50-year lease agreement, it has been announced. The establishment of the new GBI facility will make it the first unique producer of biomass-based, recyclable, and biodegradable polymers in the Middle East.
The facility will span 135,000 sqm in KEZAD, with a capacity of 30,000 mt per annum, and will be dedicated to producing Poly Lactic Acid (PLA), which it said is a fully biodegradable material derived from renewable resources.
Speaking about the facility, Mohamed Al Khadar Al Ahmed, CEO Khalifa Economic Zones Abu Dhabi – KEZAD Group, said: “The establishment of GBI’s facility is more than an industrial venture; it’s a catalyst for broader economic growth and environmental sustainability. By attracting similar industries and supporting services, KEZAD is creating a vibrant network of innovation and business synergy with GBI as a key facet of this ecosystem.
“KEZAD Group is thrilled to welcome Gulf Biopolymers Industries Ltd. and looks forward to the enduring, positive impact of our collaboration on the region and the industry at large. Together, we are setting new standards for industrial innovation and commitment to a sustainable future,” he added.
Harald Kroll, CEO of Gulf Biopolymers Industries Ltd., commented: “We are proud to announce the establishment of the first biopolymer plant in The MENA region. This project is a milestone for the reduction of fossil-based plastics and advancing the adoption of environmentally friendly PLA polymers. Together with our customers we are actively contributing to decarbonization, advancing the circular economy, and creating a less polluted future for our planet. GBI is very much looking forward to closely collaborating with the KEZAD Group with the best fit for our project”.