AquaChemie opens advanced chemical facility in Kezad
Khalifa Economic Zones Abu Dhabi (Kezad Group), one of the largest operators of integrated and purpose-built economic zones in the region, today (February 12) announced the opening of AquaChemie Global Chemicals' new facility within its integrated economic ecosystem.
A UAE-based chemical manufacturing group, AquaChemie said its 25,800-sqm facility in Kezad Area A (Kezad Al Ma'mourah) is equipped with state-of-the-art infrastructure built to adhere to global safety and environmental standards.
This milestone development strengthens the UAE's local manufacturing capabilities and aligns with the nation's 'Make it in the Emirates' programme, said Kezad in a statement.
AquaChemie, which has invested AED90 million ($24 million) in the facility, will utilise the site to manufacture, store, and blend, drumming a diverse range of industrial chemicals in liquid and solids shape, primarily serving Adnoc and other major clients.
This development enhances supply chain resilience, reduces reliance on imports, and supports sustainable industrial practices in the region, it stated.
Mansoor Al Marar, VP - Industrial Business Development, Kezad Group, said: "The opening of AquaChemie's facility highlights Kezad Group's commitment to providing world-class infrastructure and a thriving ecosystem that fosters innovation, operational efficiency, and sustainable growth."
"By supporting projects like AquaChemie, KEZAD continues to play a critical role in advancing the UAE's industrial diversification goals and driving regional economic competitiveness," he noted.
Anand Kumar, the Managing Director of AquaChemie, said: "Our facility at Kezad represents a significant milestone in AquaChemie's strategic growth. Kezad's robust infrastructure, strategic connectivity, and business-friendly environment provide us with the tools to deliver high-quality chemical solutions, meet the needs of our clients, and contribute meaningfully to the UAE's industrial ambitions."
Through its strategic location, Kezad provides AquaChemie with direct access to its multimodal logistics network, including proximity to Khalifa Port, ensuring seamless regional and global connectivity, stated Kumar.
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Trade Arabia
14 hours ago
- Trade Arabia
EDGE, FAB sign strategic deal to build resilient financial ecosystem
EDGE Group, one of the world's leading advanced technology and defence groups, has entered a strategic partnership with First Abu Dhabi Bank (FAB). The agreement covers two major financial initiatives: the implementation of FAB's advanced Supply Chain Finance (SCF) solution and the deployment of its AI-powered Treasury Management System (TMS). EDGE said its deployment of FAB's AI-powered TMS represents the largest to date. The solution delivers real-time cash visibility, advanced forecasting capabilities, and integrated risk management tools, enabling EDGE to automate treasury operations and optimise liquidity across the Group. The platform provides protection for interest rate risk and FX risk, while improving financial agility, investment planning, and funding, it stated. EDGE Managing Director and CEO Hamad Al Marar said: "Our partnership with FAB is a strategic enabler of our global industrial ambitions. It reinforces the financial architecture required to operate at scale, with speed and resilience. In an increasingly competitive and complex environment, this alignment ensures we remain agile, well-capitalised, and positioned for sustained international growth." Group Head of Wholesale Banking Martin Tricaud said: "FAB's partnership with EDGE marks a step forward in building a more resilient supplier ecosystem. We recognise that effective cashflow and supply chain finance are fundamental to sustainable business models. By combining our global expertise with innovative financial solutions, we are enhancing financial agility and enabling long-term value creation." "Through FAB's digital SCF solution, EDGE provides local and international suppliers access to early, low-cost financing, which enhances supplier trust, improves commercial terms, and ensures continuity across critical operations," he added. Group Chief Financial Officer Rodrigo Torres said: "This partnership reflects EDGE's commitment to embedding financial sophistication and innovation at the core of our operations. By integrating FAB's advanced SCF and AI-powered TMS platforms, we are optimising liquidity and supplier performance while also reinforcing our ability to manage risk and scale with confidence." Torres, said to date, over AED1.6 billion in invoices have been processed, unlocking more than AED1.2 billion in off-balance sheet financing.
Trade Arabia
17 hours ago
- Trade Arabia
ADNOC Distribution achieves major ESG milestones
ADNOC Distribution recently released its 2024 ESG Report, one of the most ambitious sustainability disclosures from the region's mobility and retail fuel sector to date. The report underscores ADNOC Distribution's journey from a traditional fuel retailer into a sustainability-driven mobility and convenience leader. Some standout achievements include: • 100% of UAE fleet now operates on B20 biofuels, reducing 1,468 tCO₂e annually • 100% renewable energy powers the E2GO EV charging network • Over 5.8 million bottles recycled via Reverse Vending Machines in 2024 • 25,000+ mangroves planted in 2024, which are "adoptable" by loyalty customers through the ADNOC Distribution app • 220 fast and super-fast EV chargers installed as of the end of 2024 - a 4x year-on-year increase - with ADNOC Distribution on-track to have 300 installed across the E2GO network by the end of 2025 • 5,083 MWh of solar energy generated from 31 solar photovoltaic (PV) - equipped stations • Recognition for ESG leadership by Bloomberg, FTSE, S&P Global, London Stock Exchange Group, and MSCI • 62% Emiratization rate, with significant investment in youth and women empowerment The report also highlights ADNOC Distribution's commitment to ESG governance, with the creation of a board-level ESG Subcommittee and achievement of key KPIs under its AED5.5 billion sustainability-linked loan.
Trade Arabia
17 hours ago
- Trade Arabia
DLD achieves key milestone with tokenised real estate sell-out
Dubai Land Department (DLD) has announced that its second tokenised project on the 'Prypco Mint' platform was fully funded in a record-breaking one minute and 58 seconds, attracting 149 investors from 35 nationalities. This unprecedented demand pushed the waiting list to over 10,700 investors, reflecting rising confidence and strong interest in digital real estate ownership solutions across the emirate, said DLD in a statement. By enabling investors to purchase shares in ready properties through seamless and cost-effective mechanisms, Prypco Mint is setting new standards for market accessibility. As the platform expands its projects and partnerships, it is helping to shape a future where tokenised assets are expected to become a central part of Dubai's property market by 2033, it stated. Amid this momentum, DLD has called upon interested individuals to register early and set up their accounts to take advantage of upcoming offerings before they get sold out. This ongoing success underscores the effectiveness of the platform, which is officially accredited under DLD's Property Tokenisation Initiative, it added.
