Songwon, Polysys build OPS manufacturing plant in Abu Dhabi

Songwon, Polysys to build OPS manufacturing plant in Abu Dhabi

6:13 AM, 28th November 2012
Songwon, Polysys to build OPS manufacturing plant in Abu Dhabi

ULSAN, KOREA: Songwon Additive Technologies AG and Polysys Industries will establish a new company Polysys Additive Technologies ME, which will build an OPS (One Pack Systems) manufacturing plant in Kizad, Khalifa Industrial City, Abu Dhabi. This follows the announcement of the establishment of Songwon Additive Technologies AG, a joint venture between Songwon Industrial Group, Pan Gulf Holding Company of Saudi Arabia and Polysys Industries of Abu Dhabi, for the manufacture and sale of Songnox OPS.

“This joint venture is fully in line with our strategy to develop businesses which support the fast growing regional petrochemicals industry with local supply of critical components and raw materials. Having already created a global partnership through Songwon Additive Technologies AG, which brings important synergies in terms of access to technologies, raw materials and multi regional customers, we are delighted to have the new plant located in Kizad. This will be a very effective hub for supplying not only locally, but the whole region due to its unique location and infrastructure,” said Mohamed Al Muhairi, Chairman of the Board, Polysys Industries LLC.

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