ARIA Commodities to invest Dhs154m in projects in Sharjah’s Hamriyah Free Zone

ARIA Commodities to invest Dhs154m in projects in Sharjah’s Hamriyah Free Zone

ARIA Commodities, a company that deals with asphalt and distillates, and storage infrastructure development, has announced it will invest a total of Dhs154m in the construction of four plants in Sharjah’s Hamriyah Free Zone (HFZA), including a bitumen plant, refinery, tire cycling plant, and a storage terminal. ARIA has also announced 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 square feet. ARIA’s new expansion plan was revealed during a ceremony held recently to sign a lease agreement with HFZA. ARIA Group’s industrial base, which is located in HFZA, was established in February 2021. The four new facilities are designed to adhere to sustainability standards as well as the optimal use of natural resources, which supports the company’s commitment to renewable energy and the UAE’s goal of Net Zero 2050. Saud Salim Al Mazrouei, HFZA’s director said the new investments will not only enhance the sustainability standards in Sharjah but also support the UAE’s efforts to adopt circular economy concepts. “ARIA’s new plants will be eco-friendly. Not only will the four plants improve the optimum use of natural resources, but they will