ARIA Commodities, the market leader in the field of Asphalt and Distillates and Storage Infrastructure Development, has announced it will invest a total of AED 154 million in the construction of four plants in the Hamriyah Free Zone, including a bitumen plant, multipurpose refinery, storage terminal and tire recycling plant.

ARIA has also announced that it will lease three additional plots of land in the free zone, bringing the total number of plots acquired to five, with a combined area of 540,000 sq.ft.

ARIA’s new expansion plan was revealed during a ceremony held recently to sign a lease agreement with the Hamriyah Free Zone Authority (HFZA) by  Saud Salim Al Mazrouei, HFZA Director, and Mirat Bhadlawala, Chief Executive Officer (C.E.O) for the Energy Business and Chief Optimization Officer (C.O.O) for ARIA Group.

The new development is expected to further boost HFZA’s leading position as a top destination for businesses looking forward to basing their operation within a competitive environment that offers simple business set-up procedures.

ARIA Group’s industrial base, which is located in HFZA was established in February 2021.  The four new facilities are designed in such a way that takes into account adhering to sustainability standards as well as the optimal use of natural resources, which supports the company’s commitment towards renewable energy and will certainly contribute towards the UAE’s goal of Net Zero 2050.

Lauding ARIA’s expansion plans, Al Mazrouei stressed that the new investments will not only enhance the sustainability standards in Sharjah but will also support the UAE’s efforts being made to enhance its international reputation and adopt circular economy concepts. Moreover, its investments will bolster Sharjah’s strategy, which seeks to develop solutions, services, and products that cement sustainable growth and advance the local economy towards greater prosperity.

" ARIA’s new plants will be eco-friendly. Not only will the four plants improve the optimum use of natural resources, but they will also help reduce industrial waste and extend the life cycle of materials and products by adopting environmentally friendly measures," Al Mazrouei said.