ARIA Commodities to construct 4 new plants in Hamriyah Free Zone

  • Date: 19-Sep-2022
  • Source: GCC Business News
  • Sector:Oil & Gas
  • Country:UAE
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ARIA Commodities to construct 4 new plants in Hamriyah Free Zone

ARIA Commodities, the market specialist in the field of asphalt and distillates and storage infrastructure development, will invest a total of $42 million (AED154 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.

Furthermore, ARIA has announced that it would 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 square feet (sq. ft.).

The company said that the new development is expected to further boost HFZA’s position as a top destination for businesses looking forward to basing their operations within a competitive environment that offers simple business set-up procedures.

Saud Salim Al Mazrouei

Director – HFZA “ARIA’s new plants will be eco-friendly. Not only will the four plants improve the optimum use of natural resources, but they will also help reduce industrial waste and extend the life cycle of materials and products by adopting environmentally friendly measures. It is projected that ARIA’s expansion goals would support the national industrial strategy. In addition to enhancing the value of products made in the UAE, they will help meet the growing demands of key