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World News and Views :: Projects
Abu Dhabi Polymers Park to Attract 60 Investors
12:40 PM MST | January 23, 2009 | NATASHA ALPEROWICZ
Abu Dhabi Polymers Park (ADPP), a recently created industrial cluster in Abu Dhabi, is expected to host about 60 plastics processing factories by 2015, involving a combined investment of $4.5 billion and consuming more than 1 million m.t./year of polymers, Mohammed Al Qamzi, senior v.p. at ADPP says. The park is being established by Abu Dhabi Basic Industries Corp. (ADBIC), a wholly owned subsidiary of state-owned General Holding Co. (Abu Dhabi). The project’s aim is to capitalize on the availability of huge volumes of polymers produced in Abu Dhabi and in...
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