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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.
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.