Latest news with #EmiratesBiotech


Fibre2Fashion
21-04-2025
- Business
- Fibre2Fashion
Samsung E&A to build PLA plant for Emirates Biotech in UAE
SAMSUNG E&A, a total solutions provider for the global energy industry, has announced that it is the contractor for its upcoming Polylactic Acid (PLA) production plant in the United Arab Emirates. The strategic project, officially named Falcon PLA Project, will deliver a cutting-edge facility producing a biodegradable and environmentally friendly plastic alternative and solidifies Emirates Biotech commitment to environmental responsibility and innovation. SAMSUNG E&A was selected as the sole partner for this project, due to an unrivaled track record of bringing these innovative but complex industrial projects to fruition. In that role, SAMSUNG E&A will oversee all engineering, procurement, and construction work for the Falcon PLA project, ensuring that it progresses smoothly and aligns with the planned schedule and budget. Samsung E&A has been chosen as the contractor for the Falcon Polylactic Acid (PLA) Project in United Arab Emirates by Emirates Biotech. The plant, using Sulzer technology, will produce biodegradable plastic and is set to open in early 2028. This move underscores both companies' commitment to sustainability and innovation in eco-friendly materials. The pre-EPC contract, covering the initial phase of the collaboration, was signed on 14 April 2025 at Emirates Biotech's head office in the UAE. Emirates Biotech recently selected Sulzer as the technology provider for its PLA plant and SAMSUNG E&A will ensure the Sulzer technology and proprietary equipment will be integrated flawlessly into the PLA production facility. The plant, expected to be operational in early 2028, will be located in the KEZAD free zone in Abu Dhabi, a new industrial area with access to state-of-the-art transportation infrastructure including the deep sea port of Khalifa. Marc Verbruggen, CEO of Emirates Biotech , said: 'Selecting SAMSUNG E&A as our contractor is another significant step toward making our vision a reality. With their extensive expertise in delivering world-class engineering projects, we are confident that this collaboration will ensure the seamless integration of technology into our PLA production facility. The Falcon PLA Project will not only set new benchmarks for scale and efficiency but will also play a key role in providing industries with a viable, sustainable alternative to fossil-based plastics. As we move closer to construction, we are excited to see our plans take shape and contribute to the global shift toward a circular economy.' Hong Namkoong, President and CEO of SAMSUNG E& A stated: "With our extensive project experience and advanced design technology, we continue to achieve outstanding results in high-value engineering. We are honored that Emirates Biotech has entrusted us with the Falcon PLA Project, and are fully committed to delivering it successfully. SAMSUNG E&A is honored to expand its customer base and enter a new market. This achievement strengthens its competitive position for future projects with Emirates Biotech, marking its entry into the growing eco-friendly plastics sector.' Emirates Biotech aims to accelerate the transition from fossil-based plastics to renewable, biodegradable alternatives, ensuring industries worldwide have access to high-performance, environmentally responsible solutions. Note: The headline, insights, and image of this press release may have been refined by the Fibre2Fashion staff; the rest of the content remains unchanged. Fibre2Fashion News Desk (HU)


Trade Arabia
15-04-2025
- Business
- Trade Arabia
Samsung secures EPC contract for Emirates Biotech plant
Samsung E&A, a total solutions provider for the global energy industry, said it has been signed up as the main contractor by Emirates Biotech for a polylactic acid production plant in UAE. The strategic project, officially named Falcon PLA Project, will deliver a cutting-edge facility producing a biodegradable and environmentally friendly plastic alternative, thus solidifying Emirates Biotech commitment to environmental responsibility and innovation. A total solutions provider for the global energy industry, Samsung E&A said it was selected as the sole partner for the project due to its unrivalled track record of bringing these innovative but complex industrial projects to fruition. The project scope includes overseeing all engineering, procurement and construction work, ensuring that it progresses smoothly and aligns with the planned schedule and budget. Samsung E&A said the pre-EPC contract, covering the initial phase of the collaboration, was signed yesterday (April 14) at Emirates Biotech's head office in the UAE. On the contract award, Emirates Biotech CEO Marc Verbruggen said: "Selecting Samsung E&A as our contractor is another significant step toward making our vision a reality. With their extensive expertise in delivering world-class engineering projects, we are confident that this collaboration will ensure the seamless integration of technology into our PLA production facility." "The Falcon PLA Project will not only set new benchmarks for scale and efficiency but will also play a key role in providing industries with a viable, sustainable alternative to fossil-based plastics. As we move closer to construction, we are excited to see our plans take shape and contribute to the global shift toward a circular economy," stated Verbruggen. Emirates Biotech recently selected Sulzer as the technology provider for its PLA plant and Samsung E&A will ensure the Sulzer technology and proprietary equipment will be integrated flawlessly into the PLA production facility. The plant, to be located in the Kezad free zone in Abu Dhabi, is expected to be operational in early 2028. Hong Namkoong, President and CEO of Samsung E&A, said: "With our extensive project experience and advanced design technology, we continue to achieve outstanding results in high- value engineering."


Zawya
15-04-2025
- Business
- Zawya
SAMSUNG E&A selected as contractor for Emirates Biotech PLA production plant
Seoul, Korea: SAMSUNG E&A, a total solutions provider for the global energy industry, has announced that it is the contractor for its upcoming Polylactic Acid (PLA) production plant in the United Arab Emirates. The strategic project, officially named Falcon PLA Project, will deliver a cutting-edge facility producing a biodegradable and environmentally friendly plastic alternative and solidifies Emirates Biotech commitment to environmental responsibility and innovation. SAMSUNG E&A was selected as the sole partner for this project, due to an unrivaled track record of bringing these innovative but complex industrial projects to fruition. In that role, SAMSUNG E&A will oversee all engineering, procurement, and construction work for the Falcon PLA project, ensuring that it progresses smoothly and aligns with the planned schedule and budget. The pre-EPC contract, covering the initial phase of the collaboration, was signed on 14 April 2025 at Emirates Biotech's head office in the UAE. Emirates Biotech recently selected Sulzer as the technology provider for its PLA plant and SAMSUNG E&A will ensure the Sulzer technology and proprietary equipment will be integrated flawlessly into the PLA production facility. The plant, expected to be operational in early 2028, will be located in the KEZAD free zone in Abu Dhabi, a new industrial area with access to state-of-the-art transportation infrastructure including the deep sea port of Khalifa. Marc Verbruggen, CEO of Emirates Biotech, said: 'Selecting SAMSUNG E&A as our contractor is another significant step toward making our vision a reality. With their extensive expertise in delivering world-class engineering projects, we are confident that this collaboration will ensure the seamless integration of technology into our PLA production facility. The Falcon PLA Project will not only set new benchmarks for scale and efficiency but will also play a key role in providing industries with a viable, sustainable alternative to fossil-based plastics. As we move closer to construction, we are excited to see our plans take shape and contribute to the global shift toward a circular economy.' Hong Namkoong, President and CEO of SAMSUNG E&A stated: "With our extensive project experience and advanced design technology, we continue to achieve outstanding results in high-value engineering. We are honored that Emirates Biotech has entrusted us with the Falcon PLA Project, and are fully committed to delivering it successfully. SAMSUNG E&A is honored to expand its customer base and enter a new market. This achievement strengthens its competitive position for future projects with Emirates Biotech, marking its entry into the growing eco-friendly plastics sector.' Emirates Biotech aims to accelerate the transition from fossil-based plastics to renewable, biodegradable alternatives, ensuring industries worldwide have access to high-performance, environmentally responsible solutions. About SAMSUNG E&A At SAMSUNG E&A, we aim to create value based on the world's best technological competence and contribute to our clients, society, and people. SAMSUNG E&A, a total solutions provider, offers comprehensive solutions for the global energy industry, such as energy transition, oil-gas processing, refinery, petrochemical, environmental, industrial, and bio. Providing professional services across the whole project cycle ranging from professional feasibility studies to design, procurement, construction, commissioning, maintenance & operation. SAMSUNG E&A has completed more than 1,500 projects worldwide. To prepare for ESG-based eco-friendly businesses in the future, we expanded our value chain to the business of operating green infrastructure, such as water treatment facilities and incinerators, and green solution businesses for energy optimization and carbon neutrality. To preemptively respond to changes in the global energy industry and take the lead in resolving global warming, we will provide optimal solutions based on our technologies and expertise. For more information, please visit Contact: Dongwook (John) Lee Head of Communications E-mail: Jin Hartmann Head of International Communications E-mail:


Zawya
14-04-2025
- Business
- Zawya
Emirates Biotech appoints Samsung E&A as contractor for PLA plant
Dubai-based Emirates Biotech announced on Monday that it has selected Samsung E&A as the contractor for its upcoming Polylactic Acid (PLA) production plant in KEZAD free zone in Abu Dhabi. The company said in a press statement that the South Korean company will oversee all engineering, procurement, and construction work for the Falcon PLA project, which will produce biodegradable and environmentally friendly plastic alternative. The pre-EPC contract, covering the initial phase of the collaboration, was signed on 14 April 2025. The PLA plant, which will use technology from Sulzer, is scheduled to start operations in early 2028, the statement said. In December 2024, Zawya Projects had reported that the new plant will be developed in two phases, each with an annual capacity of 80,000 tonnes, for a total production of 160,000 tonnes per annum. The project will have a pverall investment of approximately $800 million, split over the two phases. The report also noted that the plant's output will be sold in the UAE, Saudi Arabia, Oman and Kuwait as well as India, Turkey and Europe. Emirates Biotech is a joint venture between UAE-based SS Royal Kit Emirates Investment and Hong Kong-based Global Biopolymers Industries (GBI). (Writing by Anoop Menon; Editing by SA Kader) (