ARIA Commodities announces AED 154mln investment projects in Hamriyah Free Zone

ARIA Commodities announces AED 154mln investment projects in Hamriyah Free Zone

- All factories take into account sustainability standards, optimum use of natural resources.

- Al Mazrouei: ARIA’s projects to bolster Sharjah’s strategy designed to attract quality investments and establish appropriate environment.

- Bhadlawala: We aim to create a safer environment globally by introducing environmentally friendly, renewable products.

Sharjah: ARIA Commodities, the market leader in the field of Asphalt and Distillates and Storage Infrastructure Development, has announced it will invest a total of AED 154 million in the construction of four plants in the Hamriyah Free Zone, including a Bitumen Plant, a Refinery, a Tire Cycling Plant, and a Storage Terminal.

ARIA has also announced that it will lease three additional plots of land in the free zone, bringing the total number of plots acquired to five, with a combined area of 540,000 sq.ft.

ARIA’s new expansion plan was revealed during a ceremony held recently to sign a lease agreement with the Hamriyah Free Zone Authority (HFZA) by HE Saud Salim Al Mazrouei, HFZA Director, and Mirat Bhadlawala, Chief Executive Officer (C.E.O) for the Energy Business and Chief Optimization Officer (C.O.O) for ARIA Group. The ceremony was attended by a number of senior officials from both sides.

The new development is expected to further boost HFZA’s leading