
Abu Dhabi National Paper Mill will implement a $53 million expansion that will raise its capacity to more than 60,000 tonnes per year (tpy) from the current 25,000 tpy.
The expansion was announced by Hussain Maskati, chairman of Maskati Group, one of the three shareholders of the paper mill. The other two shareholders in the mill are Abu Dhabi National Industrial Project Group and Al Jaber Group. Investment in the mill’s facilities has reached nearly $160 million and the new investment marks a significant milestone in its march, Maskati said.
“It will also help us maintain our position as the largest and most technically advanced tissue mill in the UAE,” he said
“We are seeing a market growth of more than five per cent in the region. The shareholders, therefore, approved the expansion plan to install the second tissue machine with a new fibre-making plant to develop recycled products.”
The vice-president of Italian firm OverMeccanica, Luca Robbi, signed an agreement with Abu Dhabi National Industrial Projects Group chairman Mohammad bin Jouan Al Badie for the supply of equipment.
It will be delivered, installed and commissioned before 2007.
More than 80 per cent of the paper mill’s products are exported to the GCC, Europe and Australia.