UAE: Delmon Industrial Complex to Invest AED 50 Million in New KEZAD Facility
New 59,000 Sq. Meter Facility in KEZAD to Boost UAE Oil and Gas Sector with Advanced Manufacturing Capabilities
Delmon Industrial Complex to Establish AED 50 Million Oil and Gas Plant in Abu Dhabi’s KEZAD
ABU DHABI [UAE], November 13 (ANI/WAM): Khalifa Economic Zones Abu Dhabi – KEZAD Group, the largest operator of integrated and purpose-built economic zones, and Saudi Arabia-based Delmon Industrial Complex have announced the signing of a 50 – Annual land lease agreement to set up their state-of-the-art plant in ICAD III (KEZAD) Musaffah) area to cater to the needs of the oil and gas industry.
To be developed by the Delmon Industrial Complex at an investment of AED50 million, the plant will manufacture and supply products serving the needs of oil and gas companies in the region and beyond.
Delmon Industrial Complex is a part of Delmon Group established in 1981 in Saudi Arabia. Headquartered in the port city of Dammam in the Eastern Province, Delman Group is an established name in mining, oil and gas, chemicals, construction and logistics services. It offers efficient solar solutions as part of its product portfolio.
Setting up the new Delmon Industrial Complex plant at KEZAD is part of Delmon Group’s strategy to expand into the UAE and is an integral part of KEZAD’s industrial zone for the oil and gas sector to support their UAE projects.
Covering an area of approximately 59,000 square meters, the proposed plant will carry out exploration, extraction and refining operations to process minerals into specialty products suitable for the oil and gas industry.
The entry of Delmon Industrial Complex in ICAD III is a testament to KEZAD’s growing customer base of manufacturers serving the oil and gas sector, and a boost to local manufacturing initiatives in KEZAD.
Abdullah Al Hameli, CEO of AD Ports Group Economic Cities and Free Zones said, “The agreement with Delmon Industrial Complex opens another new chapter in the history of partnership with well-established manufacturers in the UAE.
We look forward to the beginning of a long and successful journey with them and hope that this initiative will provide adequate support to the industry needs.
This collaboration is part of our strategy to achieve sustainable production targets as per the vision of the brilliant leadership.
Ahmed Sulaiman Alghunaim, founder of Delmon Industrial Complex said, “Establishing Delmon Industrial Complex is an important step towards developing and expanding our business in the oil and gas sector in the UAE.
Our selection of Emirates is based on several factors, the most important of which is the importance of this sector in the Emirates and the reputation of KEZAD Group in providing excellent services to investors.
Oil and gas production involves complex processes across upstream, midstream and downstream services and requires the support of smart industrial systems that make extraction, production and distribution reliable and seamless.
As an experienced and efficient industrial solution provider, Delmon Industrial Complex leverages its world-class facility and KEZAD’s services to provide customers with innovative products, efficiency in services and speed to market.
