Green Petrochem has announced an expansion plan in the Hamriyah Free Zone to boost its storage capacity and meet the growing demand for its services.
The expansion plan was announced recently during a ceremony held to sign a lease agreement with the Hamriyah Free Zone Authority (HFZA).
Under the contract, the petrochemical company will lease a 200,000 sq. ft. plot of land to expand its facilities and respond to the increasing demand for its products.
The agreement was signed by HE Saud Salim Al Mazrouei, Director of HFZA, and Anish Vijapura, Managing Director of Green Petrochem, at HFZA premises. A number of senior officials from both entities attended the event.
Green Petrochem said that the deal comes as part of its expansion strategy to augment its operations in the regional and international markets.
In addition to its main storage facility in the free zone, the company is looking to bolster its operations by establishing additional storage facilities and is targeting a future-storage capacity of a 150,000 cbm.
Speaking on the occasion, Al Mazrouei said: “Petrochem’s decision to strengthen its presence is a step in the right direction and does reflect our commitment to implementing the wise directives of H.H. Dr. Sheikh Sultan bin Mohammad Al Qasimi, Supreme Council Member and Ruler of Sharjah. We are keen to provide our valued investors with various services of top-notch quality within an ideal environment that help them grow and thrive like never before and achieve their ultimate business goals,”.
“Despite the tough economic circumstances that we are going through, the company decided to expand its operations in the free zone, in yet another testament to the deep trust that Sharjah has earned as a leading global hub for businesses as well as the global reputation enjoyed by HFZA; being the current and future headquarters of major heavy industries companies.”
He said that HFZA’s infrastructure, logistic services, modern facilities and attractive services were the reason behind investors’ interest in taking it as a springboard for their businesses and expansion activities.
“We are not only providing an easy access to regional and international markets, but also offering competitive advantages, which would help investors reach a large customer base in the fastest, most efficient and cost-effective way,” Al Mazrouei noted.
“Considering the unusual circumstances we have been going through, we have dedicated call centre and customer support to answer customers’ inquires and provide highest level of customer satisfaction and quality.”