Royal Gulf Industries to set up $17mln battery recycling centre in RAK

Royal Gulf Industries to set up $17mln battery recycling centre in RAK

UAE - Royal Gulf Industries, a subsidiary of Hyderabad Castings Limited and part of diversified multi-business Indian conglomerate Nakhat Group, is set to invest AED62.4 million ($17 million) in building a used battery recycling centre on approximately 110,000 sq ft of land at Al Ghail Industrial Zone in Ras Al Khaimah Economic Zone (RAKEZ) in Ras Al Khaimah, UAE.

According to RAKEZ, this will be the UAE’s first environment-friendly automotive battery recycling centre and will employ more than 150 people in its facility, which is set to be ready in the fourth quarter of 2022.

The company aims to recycle up to 35,000 metric tonnes of used lead acid batteries annually. This will produce 21,500 tonnes of lead ingots and 2,400 metric tonnes of plastic granules. Both of these materials will be largely exported to India, Japan, Korea, China and Europe for the manufacturing of new lead acid batteries and cases. This activity accounts for recycling around 58% of the lead acid battery scrap generated in the UAE, RAKEZ said in a statement.

Ramy Jallad, Group CEO of RAKEZ, and Yogesh Nakhat Jain, Managing Director of Royal Gulf Industries, marked the beginning of the recycling unit’s construction during a recent signing ceremony held