TBA GroupTelestackPort of South LouisianaCimbriaVan AalstGeneva Dry
  • Port of Stockton
  • Sailors Society
  • Vigan
  • Port of South Louisiana
  • Geneva Dry
  • TMS Awards 2023

Agreement to set up KEZAD steel recycling and production facility

Agreement to set up KEZAD steel recycling and production facility

(Posted on 29/03/24)

The UAE’s largest operator of integrated and purpose-built economic zones, Khalifa Economic Zones Abu Dhabi – KEZAD Group, and UAE-based Green Metal Industries have 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 367 million US$100 million, the plant will utilise cutting-edge recycling technologies like meltshop, 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.

Spanning over 116,000 square metres 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.

Mohamed Al Khader Al Ahmed, CEO of Khalifa Economic Zones Abu Dhabi – KEZAD Group said: “We are pleased to welcome Green Metal Industries to the KEZAD ecosystem. 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.

“The manufacturing of high-quality materials such as Austenitic, Ferritic, Duplex, Martensitic grades of Stainless steel, as well as low and high alloy steel grades, locally in Abu Dhabi will support the growing demand for sustainable steel products in the country and the wider region.”

Mohammed M Noor, CEO of Green Metal Industries, said: “We are excited to embark on this journey with the establishment of our first production site in KEZAD. Our investment reaffirms our commitment to sustainability and innovation. Green Metal Industries is committed to working closely with local stakeholders, government agencies, and the community to ensure the successful implementation of the project. "

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.

For recycling scrap metal, the plant will be leveraging advanced recycling technologies, thereby it will be playing a crucial role in reducing carbon emissions and will leave a positive impact on both the local community and the global effort towards sustainability.

Latest News

American Feed Industry commends vital supply chain legislation

(Posted on 23/04/24)

The American Feed Industry Association (AFIA) has commended Representatives Ashley Hinson, R-Iowa-02... Read more


NGFA says NASS reports are critical to agribusiness operations

(Posted on 23/04/24)

In a letter to U.S. Agriculture Secretary Tom Vilsack, the National Grain and Feed Association (NGFA... Read more


Bauxite and aluminium businesses deliver stable Rio Tinto results

(Posted on 18/04/24)

Bauxite production of 13.4 million tonnes was 11% higher than the first quarter of 2023 for Rio Tinto... Read more


Rio Tinto spends more than A$16.1 billion with Australian suppliers

(Posted on 15/04/24)

Rio Tinto increased its spend with suppliers and local businesses in Australia to more than A$16.1 billion... Read more


Cargill increases its renewable energy capacity by more than 40%

(Posted on 15/04/24)

Cargill has reported increasing its contracted renewable energy capacity by 42% after signing five new... Read more


Senate legislation includes phosphate and potash as critical minerals

(Posted on 25/03/24)

The Fertilizer Institute (TFI) has praised the U.S. Senate for introducing bipartisan legislation to... Read more


Agribusiness expert’s legacy and optimism for GrainCorp’s future

(Posted on 18/03/24)

Farmer, Company Director and long-standing member of the GrainCorp Board of Directors, Dan Mangelsdorf... Read more


Research offers Rotterdam guidelines for raw material transition

(Posted on 15/03/24)

Different product processes, non-fossil raw materials and rare materials are crucial for a CO2-neutral... Read more


Bunge Chevron Ag Renewables to build Louisiana processing plant

(Posted on 10/03/24)

Bunge and Chevron have announced approval of a final investment decision for their joint venture Bunge... Read more


Funding to decarbonise iron ore processing in Labrador West

(Posted on 29/02/24)

The Government of Canada HAS awarded C$18.1 million from its Low Carbon Economy Fund to Rio Tinto&rsquo... Read more


TMS Awards 2023ViganPort of StocktonBühler GmbHSailors Society
  • TBA Group
  • Bühler GmbH

Subscribe to our newsletter

Keep up to date with the latest global news in bulk cargo handling and shipping