Meed | Tadweer and Japanese firms to build recycling plant

Tadweer and Japanese firms to build recycling plant

29 October 2024

Abu Dhabi-headquartered Tadweer Group is partnering with Japanese chemicals companies to build a plastic chemicals recycling facility in Abu Dhabi.

The investment is expected to reach ¥40bn ($261.5m), with the facility set to be operational by 2026 or 2027.

The new facility will be capable of recycling a range of plastics, including materials used in polyethylene terephthalate (PET) bottles and packaging containers, said Tadweer.

It will also introduce advanced technology that can revert plastic waste to raw materials.

Ali Al-Dhaheri, Tadweer Group managing director and CEO, said: "We are considering two or three Japanese companies with the necessary technological capabilities and hope to select a partner or partners for collaboration within the next three to six months."

Al-Dhaheri added that the final investment will depend on the facility's processing capacity and will likely range from $100m to $300m.

He also mentioned the possibility of a joint investment with Japanese companies, stating: “While we are reviewing technologies from other countries, it is Japan that best meets our requirements.”

Japan is recognised for its high PET bottle recycling rate and has made significant strides in the recycling of other plastics.

Tadweer added that it has existing partnerships with Marubeni Corporation and other Japanese companies, mainly in the power generation sector, and now plans to expand its collaboration with Japanese firms that possess advanced technology and expertise.

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Jennifer Aguinaldo