Abu Dhabi’s Khalifa Industrial Zone Abu Dhabi (Kizad) has signed $200m development lease with local Taweelah Aluminium Extrusion Company (Talex), adding the company to its aluminium cluster at Taweelah.
Talex, a joint venture of Abu Dhabi Basic Industries Corporation (Adbic) and the local Gulf Extrusions, gains a 200,000-square-metre plot of land in Kizad’s aluminium cluster, alongside Emirates Aluminium (Emal), which will supply it with molten aluminium.
In May, Abu Dhabi Basic Industries Corporation (Adbic) and the local Gulf Extrusion announced plans to build a $200m aluminium extrusion plant at Kizad to make use of Emal’s output. Molten aluminium feedstock will be transported from smelters to midstream and downstream manufacturers, such as Talex, along the ‘Hot Metal Road’, reducing costs and lowering the impact on the environment. Emal is currently the only anchor tenant for the entire zone, which occupies an area of 417 square kilometres (MEED 18:11:09).
Talex’s Kizad operations are planned for the end of 2013, producing high-end extrusion products for the automotive industry. The deal is the first downstream aluminium project to be established in Kizad.
Abu Dhabi Ports Company (ADPC) opens the first phase of its massive Khalifa Port at Taweelah in 2012, which will sit alongside the Kizad freezone, handling 2 million containers and 9 million tonnes of cargo a year.
Once fully complete in 2030, the port will be able to handle up to 15 million 20-foot equivalent units (TEUs) and 35 million tonnes a year (t/y) of cargo