# Shrinath Flexipack to build plastics packaging plant at KIZAD Polymers Park, Abu Dhabi

Shrinath Flexipack agreed to build its first Middle East factory on a greenfield site in KIZAD Polymers Park, Abu Dhabi, with an AED 55 million investment, producing 30,000 tonnes of plastics per year.

- Type: New facility
- Announced: 2020-04-05
- Where: KIZAD Polymers Park, Abu Dhabi, United Arab Emirates
- Value: $15.0M (55.0M AED)
- Status: announced
- Capacity: 30,000 metric tonnes of plastics per annum
- Products: plastic packaging materials, plastic goods
- Sectors: [Plastics and Polymers](https://endata.com/sectors/plastics-polymers.md), [Packaging](https://endata.com/sectors/packaging.md)

## Companies

- [Shrinath Flexipack](https://endata.com/companies/6332.md)
- [KEZAD](https://endata.com/companies/6333.md) (partner)

## Sources

- [kezadgroup.com](https://www.kezadgroup.com/news-and-media/2020/04/05/kizad-signs-aed-55-million-deal-with-indias-largest-plastics-packager/), 2020-04-05: "Shrinath Flexipack Pvt Ltd has finalised an agreement to build its first factory in the Middle East at KIZAD."
- [adports.ae](https://www.adports.ae/kizad-signs-aed-55-million-deal-with-indias-largest-plastics-packager/), 2020-04-05: "The investment of AED 55 million ($15 million) will allow the Hyderabad plastics player to set up on a greenfield site within KIZAD's Polymers Park."
- [packaging-gateway.com](https://www.packaging-gateway.com/news/shrinath-flexipack-invests-15m-in-kizad-plastic-packaging-plant/), 2020-04-06: "Shrinath Flexipack is set to invest $15m in a new plastic packaging plant at the industrial park and port operation site Khalifa Industrial Zone (KIZAD) in Abu Dhabi."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.
