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Gustaf Akermark, senior advisor for petrochemicals at Abu Dhabi Basic Industries Corporation stands in front of the scale model for the Polymers Park.

Gustaf Akermark, senior advisor for petrochemicals at Abu Dhabi Basic Industries Corporation (ADBIC), reveals the regional polymer production is set to double by 2011.

Abu Dhabi Basic Industries Corporation (ADBIC), a wholly owned subsidiary of the Abu Dhabi Government's holding company, unveiled Abu Dhabi Polymers Park last month, the UAE's first industrial cluster committed to the plastic conversion industry.

The Abu Dhabi Polymers Park will occupy 4.5 square kilometres of land at the Industrial City of Abu Dhabi, with total investment figure of US$4 billion being touted.

The park will host around 50 plastic product manufacturers, and is set to have conversion capacity of no less than one million tonnes per annum, of which the majority will be exported.

Regional polymer production capacity is expected to double to 33 million tonnes by 2011, and The park will be located to take advantage of the increase in raw material availability.

The park will host tenants that convert a wide variety of polymer resins into end products for the packaging, original equipment manufacturing, construction and infrastructure segments including value added goods such as pipes, cables and intermediate blow moulded containers.

Gustaf Akermark is senior advisor for petrochemicals at Abu Dhabi Basic Industries Corporation (ADBIC), and spoke exclusively with Petrochemicals Middle East at the launch of the Polymer Park.

"Part of my role as senior advisor is responsibility for the development of the Abu Dhabi Polymers Park," he says.

Akermark brings a wealth of knowledge and 25 years experience of the downstream petrochemical industry to Abu Dhabi.

Prior to joining ADBIC, Akermark worked for Borealis, one of the largest European petrochemical producers and its predecessors Neste Chemicals and Unifos, holding positions in production, R&D and marketing.

He is confident that the park will be a success, and that regional market has the right mix of fundamentals to facilitate that.

"When you look at this region, and the UAE in particular, it's quite clear that it's a very business friendly environment. There's a very strong support infrastructure in place and that's being rapidly expanded year-on-year."

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