Indian plastics manufacturer 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, United Arab Emirates (UAE).

Shrinath Flexipack will produce 30,000 tonnes of plastic per annum at KIZAD’s Polymers Park, which was launched in January 2019 to become a major economic driver for the UAE.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

KIZAD commercial director Khalid Al Marzooqi said: “The setting up of a packaging company like Shrinath Flexipack in the KIZAD Polymers Park shows the true value of our cluster-based approach, which enables companies within the zone to benefit from each other’s products and services in close proximity, leading to lower cost of production, faster production cycles, and quicker shipment to market.

“KIZAD’s multimodal connectivity including Abu Dhabi Ports’ flagship deep-water port, Khalifa Port, is a boon for companies such as Shrinath Flexipack who plan to export and import out of Abu Dhabi.”

Shrinath Flexipack CEO Ashish Malani said: “Having swift access to key raw materials from within the KIZAD Polymers Park and the ability to ship faster to market thanks to the world-class infrastructure available at KIZAD is a major advantage to companies such as ours.”