New PLA venture aims to kindle bioplastics industry in MENA region
Publish date: 2024-07-22
SS Royal Kit Emirates Investment and Global Biopolymers Industries have partnered to form a new company called Emirates Biotech, headquartered in Dubai, in the United Arab Emirates. The initiative will focus on the production and marketing of PLA biopolymers across the Middle East, Africa, and India.
The partnership agreement was signed by Theodorus Everwijn on behalf of Global Biopolymers Industries, and by Shaikh Suhail Ali Saeed Rashed Al-Maktoum and Dr. Shadi Jabari, on behalf of SS Royal Kit Emirates Investment, and investment company in the MENA region with interests in a range of different sectors, including biotech.
“By investing in PLA bioplastics, we are taking a proactive step towards building a more eco-conscious society for generations to come, aligning with the UAE's vision outlined in the Green Agenda 2030,” said Shaikh Suhail Ali Saeed Rashed Al-Maktoum.
The partnership agreement was signed by Theodorus Everwijn on behalf of Global Biopolymers Industries, and by Shaikh Suhail Ali Saeed Rashed Al-Maktoum and Dr. Shadi Jabari, on behalf of SS Royal Kit Emirates Investment, and investment company in the MENA region with interests in a range of different sectors, including biotech.
“By investing in PLA bioplastics, we are taking a proactive step towards building a more eco-conscious society for generations to come, aligning with the UAE's vision outlined in the Green Agenda 2030,” said Shaikh Suhail Ali Saeed Rashed Al-Maktoum.
Source: Sustainable Plastics