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January 25, 2008
1 Min Read
ding off a surfeit of capital and natural resources, Abu Dhabi, the fossil-fuel rich capital of the United Arab Emirates (U.A.E.) has announced plans for two new special economic zones: Polymer Park and Metal Park. According to a report in the Khaleej Times, the parks would work to attract private investors using tax and other benefits, with the intent to create a polymer-conversion industry, transforming newly expanded plastic resin production into the formation of finished products and subassemblies, as well as an area to convert aluminum and steel. Substantial investment in resin production by companies like polyolefins manufacturer Borouge (Abu Dhabi), which partners with Dutch firm Borealis, has greatly increased the small country’s resin capacity.
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