Facility on 116,000sqm land will recycle scrap metal into high-quality special steel products
Khalifa Economic Zones Abu Dhabi–KEZAD Group and UAE-based Green Metal Industries today announced the signing of an agreement for the establishment of a new special steel recycling and production facility in KEZAD.To be developed with an investment of AED 367mn, the plant will utilise cutting-edge recycling technologies like melt-shop, refining facilities (AOD/VOD/VD), multi-product continuous casting, and a rolling mill, for converting metal scrap into high-quality products for diverse industrial applications, including construction and infrastructure developments, according to a press communique.
Spanning over 116,000sqm in KEZAD Industrial Area (KEZAD Al Ma’mourah), the facility will primarily source raw materials locally and process them in Abu Dhabi and hence it will also serve as a catalyst for sustainable development and innovation in the construction industry across the GCC and the wider region.
Innovative approach
“The company’s innovative approach to recycling metal is in line with our aims of creating a sustainable industrial ecosystem within KEZAD in line with the Abu Dhabi Industrial Strategy,” remarked Mohamed Al Khader Al Ahmed, CEO, Khalifa Economic Zones Abu Dhabi–KEZAD Group.
“Green Metal Industries is committed to working closely with local stakeholders, government agencies, and the community to ensure the successful implementation of the project,” commented Mohammed M Noor, CEO, Green Metal Industries.
The plant, whose construction has already started, is expected to start commercial production in Q1-2025, and is expected to generate employment opportunities, stimulate economic growth, and foster innovation in the region.