Royal Gulf Industries to build UAE’s 1st used battery recycle center in RAK
8 August 2022Ras Al Khaimah Economic Zone (RAKEZ) has welcomed Royal Gulf Industries to construct the UAE’s first ecofriendly automotive battery recycling center on approximately 110,000 square feet of land at Al Ghail Industrial Zone.
Royal Gulf Industries, a subsidiary of Hyderabad Castings Limited and part of Nakhat Group, will invest $17 million for the construction. It will also employ more than 150 people in its facility, which is set to be ready in the fourth quarter of 2022.
The company aims to recycle up to 35,000 metric tons of used lead acid batteries annually. This will produce 21,500 tons of lead ingots and 2,400 metric tons of plastic granules. Both of these 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 percent of the lead acid battery scrap generated in the UAE.
Mr. Hanuman Mal Nakhat, Chairman of Royal Gulf Industries said that “RAKEZ has supported us every step of the way in turning this massive project into a reality. Our customer experience so far has been excellent as we have received support not just for our company registration, but also for developing our business in the UAE. From liaising with government entities, including Environment Protection and Development Authority, RAK Municipality, Waste Management Authority and Ministry of Industry and Advanced Technology on our behalf to secure the relevant approvals, to hosting us during our visits to Ras Al Khaimah in the past three years of planning the company’s set-up formalities.”
Related
-
Malaysia’s Malakoff eyes small hydropower projects in Uzbekistan’s rivers and canals
17 April 2025
-
Vietnam, China ink pivotal deals on railway, road cooperation
17 April 2025
-
European Commission approves €400m for renewable hydrogen in Spain
17 April 2025
-
Acciona, Cimic team win $3.5bn rail project in Australia
17 April 2025
-
UK Government takes control of Chinese-owned British Steel plant
17 April 2025
-
Bulgaria signs offshore oil, gas exploration deal with Shell
16 April 2025