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Ports & Freezone build on Abu Dhabi’s ambition to become a global hub for polymers conversion. The joint efforts by both entities also aim to create a sustainable and competitive industrial landscape in Abu Dhabi. KIZAD Polymers Park will cater to a variety of different polymers segments, including industrial use, such as packaging, construction, and semi-finished products; end-use customers, such as household goods, agriculture and hygiene products; material science, including compounded and composite materials, and 3D Printing. Crucial to supporting the circular economy are polymer recycling companies. The Park will host a vibrant polymers ecosystem, including diversified polymers space and raw materials, production systems and technical support, polymers distribution and trading, and logistics. KIZAD’s world-class infrastructure includes a diverse range of plot sizes, excellent utility 14 | JANUARY 2019 networks and ready-to- move-in light industrial units and warehousing, while the close proximity of Khalifa Port offers incredible connectivity to markets around the world via major shipping lines. Various initiatives are underway to enhance the interconnectivity between KIZAD and Ruwais that enable seamless integration between the two sites. Meanwhile, foreign firms can take advantage of 100% foreign ownership via the free zone with the benefit of full repatriation of profits or benefit from the park’s flexibility and choose a mainland-based license instead. They can also benefit from direct access to raw materials from UAE producers, such as Borouge and ADNOC, as well as access to other major producers in the region and a comprehensive portfolio of specialised raw materials that could be imported if not available domestically. ADNOC is making progress on its Downstream strategy that will see it triple its current petrochemical capacity over the next five years by introducing a whole suite of diverse products that enable many new value chains in the UAE. Captain Mohamed Juma Al Shamisi, CEO of Abu Dhabi Ports, said: “Through this strategic collaboration framework with ADNOC, KIZAD is helping Abu Dhabi become a major global hub for polymers conversion, supporting industrial diversification across the UAE in support of Abu Dhabi Economic Vision 2030.” “Polymer markets are growing fast owing to high demand for these products. We at Abu Dhabi Ports are working through KIZAD to address the needs of companies operating in the polymer sector via world-class logistics services, warehouses, and integrated infrastructure as well as sustainability initiatives to put an end to plastic waste”, added Al Shamisi. Samir Chaturvedi, KIZAD CEO, said: “Abu Dhabi is the ideal location for polymers converters looking to