Star Paper Mill, Kezad sign 50-year lease for paper recycling plant
Emirati tissue manufacturer Star Paper Mill will build a AED 200 mn recycled paper plant in Khalifa Economic Zones Abu Dhabi (Kezad), according to a statement. The company — in partnership with India’s RC Paper Machines — signed a 50-year land lease agreement with Kezad Group to manufacture recycled kraft paper jumbo reels, which is used for producing cartons and biodegradable bags.
The details: The new facility will have the installed capacity to produce 135k tons of a variety of recycled paper including 100% eco-friendly biodegradable bag papers, the statement notes. The finished goods and raw materials handled at the port for the plant will amount to 10k TEUs of cargo annually. The company also reserved an additional land plot for potential future expansion.
Who is Star Paper Mill? Founded in 2016, the Abu Dhabi company produces about 34k tons of tissue paper annually through its manufacturing mill in the Industrial City of Abu Dhabi.