A new plant that Adearest is setting up at Khalifa Industrial Zone (Kizad) in the UAE capital will help it cater to its growing customer base within the country and markets beyond including the GCC and Mena region and the wider Asia expanse.
Adearest, a leader in refrigeration and cooling systems in this region, has signed an agreement with Abu Dhabi Ports to set up its new manufacturing facility at Kizad.
The deal allows Adearest’s subsidiary Polar Specialised Industries (PSI) to set up the plant in an area of 23,617 sq m. The new facility entails a total investment of Dh50 million ($13.6 million).
It will manufacture specialist products such as refrigeration skids, steel pressure vessels, steel tanks, and switchgear for refrigeration and cooling systems. The facility will also focus on items required by companies using cold storage facilities for logistics purposes, food processing plants, oil and gas cooling systems and refrigerated containers for oil and gas supplies.
“With Khalifa Port at its doorstep, outstanding market access and world-class infrastructure, a long-established company like Adearest will be able to benefit greatly from its new set up. With Khalifa Port’s industrial, trade and logistics hub designed to provide economies of scale, Adearest will be able to expand its business reach and support clients who are already setting up their facilities in Kizad,” said Capt Mohamed Juma Al Shamisi, CEO, Abu Dhabi Ports.
“Kizad will offer our PSI facility the perfect environment to produce high quality products for our growing customer base, both in the UAE and beyond. In addition, Khalifa Port will significantly support our ambitions to further expand into the GCC and Mena region, as well as into Asia,” added Hans Raaymakers, general manager, Adearest.
Alongside offices in Abu Dhabi, Dubai and Sharjah and various workshops across the country, Adearest/PSI has associated offices in Saudi Arabia, Kuwait, Bahrain, Jordan, Egypt, Germany and the UK.