Kings Aluminium to Set Up AED750mn Facility in Khalifa Economic Zones in Abu Dhabi

SEATTLE (Scrap Monster): Khalifa Economic Zones Abu Dhabi (KEZAD Group) and Kings Aluminium Industries announced the commencement of construction for a state-of-the-art aluminum manufacturing and recycling facility in the free zone with a total investment of AED750 million.

The facility will be spread across 100,000 square meters of land leased from KEZAD Group for a 50-year tenure and will source its raw material from Emirates Global Aluminium (EGA), one of KEZAD Group’s anchor tenants in the metals sector.

EGA operates the region’s largest aluminium smelter in KEZAD.

 The Kings Aluminium facility marks a significant step in the UAE’s efforts to localise manufacturing of various supply chains, utilise local raw material, enhance environmental as well as sustainability aspects in the production process, and promote the circular economy.

The facility will transform virgin aluminium and aluminium waste into high-quality reusable materials, reducing the carbon footprint associated with aluminium production.

Mohamed Al Khadar Al Ahmed, CEO of Khalifa Economic Zones Abu Dhabi – KEZAD Group, said the strategic investment by Kings Aluminium marks a significant advancement in the region’s industrial capabilities and economic prospects.

Albert Melkias, CEO of Kings Aluminum Industries said the new facility symbolises both an investment in sustainable manufacturing and the company’s commitment to Abu Dhabi’s environmental goals.

This project is expected to set a new benchmark for sustainable industrial practices in the UAE.

 Courtesy: www.arabianbusiness.com