Retail
Subscription
Advertise
  • Home
    • About Us
  • News
  • Transport
    • Air Cargo
    • Airlines
    • Maritime
    • Rail
    • Road
  • Ports
    • Airports
  • Materials Handling
    • Warehousing
  • Vehicles
    • Automobiles
    • Autonomous
    • Commercial
    • Construction
    • Truck & Fleet
  • E-commerce
  • Technology
    • Blockchain
    • IoT
    • Robotics
    • Telematics
  • Interviews
    • Analyses
    • Opinion
    • Outlook
    • View Point
  • Express Deliveries
  • Freight
  • FM
    • Waste Management
  • Expo 2020
  • Events
    • LILS KSA Summit 2023
    • LILA UAE Awards 2022
No Result
View All Result
LogisticsGulfNews.com
No Result
View All Result

Royal Gulf to invest AED 62.4mn in UAE’s first used battery recycling centre

by Anthony Fonseca
April 12, 2023
in Free Zones

Facility to be set up in RAKEZ

RAKEZ and Royal Gulf Industries’ signing ceremony

Ras Al Khaimah Economic Zone (RAKEZ) recently welcomed Royal Gulf Industries, a state-of-the-art lead acid battery recycling company.

A subsidiary of Hyderabad Castings Limited and part of Nakhat Group, the new company is set to invest AED 62.4mn (US$ 17mn) to construct the UAE’s first environment-friendly automotive battery recycling centre on 110,000sqft of land at Al Ghail Industrial Zone.

Royal Gulf Industries will employ more than 150 people in its facility, which is set to be ready in the fourth quarter of 2022, a press communique stated.

The company aims to recycle up to 35,000MT of used lead acid batteries annually. This will produce 21,500 tonnes of lead ingots and 2,400MT of plastic granules. Both materials will be largely exported to India, Japan, Korea, China, and Europe for the manufacturing of new lead acid batteries and cases. This activity accounts for recycling around 58% of the lead acid battery scrap generated in the UAE.

Ramy Jallad, Group CEO, RAKEZ, and Yogesh Nakhat Jain, Managing Director of Royal Gulf Industries, marked the beginning of the recycling unit’s construction during a recent signing ceremony held between the two parties at the RAKEZ Compass Coworking Centre.

“We aim to collect waste batteries not just from the UAE, but also import from around the world to make Ras Al Khaimah a hub for recycling,” affirmed Hanuman Mal Nakhat, Chairman, Royal Gulf Industries.

Want to stay updated on the latest industry news and trends? Subscribe today to receive your monthly news highlights directly in your inbox!

Tags: MOUNewsSustainability
ShareTweetShareSend

Related Posts

Jafza’s healthcare
Free Zones

Jafza’s healthcare companies report seven-fold increase in trade value in four years

March 23, 2023
Emerging World signs land lease agreement with KEZAD
Free Zones

Emerging World signs land lease agreement with KEZAD

March 23, 2023
RAKEZ partners with Tradeling to support its SME community
Free Zones

RAKEZ partners with Tradeling to support its SME community

March 23, 2023
KEZAD Group boosts manufacturing with 500,000MT Dana Steel Project
Free Zones

KEZAD Group boosts manufacturing with 500,000MT Dana Steel Project

March 24, 2023
Please login to join discussion

Search

No Result
View All Result

Recent News

Amazon Saudi Doubles its Storage Capacity with the Launch of its New Fulfillment Center in Riyadh

Amazon Saudi Doubles its Storage Capacity with the Launch of its New Fulfillment Center in Riyadh

May 31, 2023
Bridging Gaps in the Pre-owned Car Industry in the UAE

Bridging Gaps in the Pre-owned Car Industry in the UAE

May 29, 2023
Dammam added to the MSC’s India-South Africa service

Dammam added to the MSC’s India-South Africa service

May 26, 2023

LogisticsGulfNews.com, the niche media portal designed for the industry, is deeply committed to representing, serving and promoting the interests of the logistics and supply chain businesses in the region

Recent News

  • Amazon Saudi Doubles its Storage Capacity with the Launch of its New Fulfillment Center in Riyadh
  • Bridging Gaps in the Pre-owned Car Industry in the UAE
  • Dammam added to the MSC’s India-South Africa service

Contact Us

For Editorial Opportunities
editor@logisticsgulfnews.com

For Advertising Opportunities
info@logisticsgulfnews.com

AARYA Media FZC LLC
A- 5805-189, Business Club
Ajman Media City.
P.O Box 29127
Phone: +971 4 368 8464
Ajman- United Arab Emirates

  • About Us
  • Advertise
  • Subscription
  • Contact Us

©️ 2021 Logistics Gulf News. All rights reserved

No Result
View All Result
  • Home
    • About Us
  • News
  • Transport
    • Air Cargo
    • Airlines
    • Maritime
    • Rail
    • Road
  • Ports
    • Airports
  • Materials Handling
    • Warehousing
  • Vehicles
    • Automobiles
    • Autonomous
    • Commercial
    • Construction
    • Truck & Fleet
  • E-commerce
  • Technology
    • Blockchain
    • IoT
    • Robotics
    • Telematics
  • Interviews
    • Analyses
    • Opinion
    • Outlook
    • View Point
  • Express Deliveries
  • Freight
  • FM
    • Waste Management
  • Expo 2020
  • Events
    • LILS KSA Summit 2023
    • LILA UAE Awards 2022

©️ 2021 Logistics Gulf News. All rights reserved