◂ Announcements

New facility

Dec 18, 2022NEW FACILITYKEZAD, Abu Dhabi, United Arab Emirates

Star Paper Mill to build recycled kraft paper plant in KEZAD, Abu Dhabi

KEZAD Group signed a 50-year land lease with Star Paper Mill for a AED 200 million facility on a 59,000 square metre site in Abu Dhabi to make recycled kraft paper jumbo reels, in collaboration with RC Paper Machines.

Value

$54.5M (200.0M AED)

Status

Announced

Capacity

135,000 tonnes

Productsrecycled kraft paper jumbo reelsbiodegradable bag papers

CompaniesStar Paper Mill KEZAD partner RC Paper Machines partner

“Star Paper Mill in collaboration with RC Paper Machines, will expand its existing capacities with an investment of AED200 million in a 59,000 square metre site in KEZAD.”wam.ae

2 sources
wam.aeKEZAD Group signs lease agreement with Star Paper Mill to establish recycled paper mill | Emirates News AgencyDec 18, 2022
agbi.comAbu Dhabi's Kezad set to get $54m recycled paper mill | AGBIDec 19, 2022

Summarized from public sources; check the original articles before acting on it.

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