2014-2017 Exhibitions
UAE-based recycling firm Asian Fibres is investing US$100 million on a 860,000 sq ft production facility in Ras Al Khaimah, UAE. The company says the plant will be the largest production facility for post-consumer PET bottle-based polyester staple fibre (RPSF) in the MENA (Middle East and North Africa) region, with a capacity of 100 tonnes/day.
Established in 2014 as part of the UAE-based Asian Investments Group, Asian Fibres says the raw material for its operations will come from suppliers throughout the region who are already collecting and sorting PET bottles. The company says its new plant will integrate the latest innovation and technology in the recycling business and RPSF will be manufactured from both scrap bottles and virgin PET.
“Asian Fibres is committed to serving the community by reusing and transforming waste products, thus giving them a new lease of life,” said CEO Abubakr Ahmad. “Currently, PET bottles are collected by municipality contractors, then crushed and exported for treatment. Asian Fibres offers the capability to treat PET waste entirely and locally, ensuring that we benefit the environment, community and the economy of the UAE.”
Ahmad also added that construction work had started on the production plant that is expected to be fully operational by May next year. He also said that the company’s production capacity is expected to double within a year.
(PRA)
