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18 April 2024

Adbic and Maersk conclude study on logistics centre

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By Staff Writer

Abu Dhabi Basic Industries Corporation (Adbic) and Maersk Logistics have concluded a joint study to explore the feasibility of providing end-to-end supply chain services to tenants at Abu Dhabi Polymers Park.

The joint study, initiated through a memorandum of understanding signed in July 2008, highlights Abu Dhabi Polymers Park's continued commitment to serve the global polymer conversion industry with the ideal industrial cluster through providing tenants with the essential capabilities to become and remain competitive in a global market.

The logistics centre will offer tenants the benefit of reduced inventory levels, lead-time, supply variability, total supply chain costs and improved visibility.

The study aims to capitalise on Maersk Logistics' proven global experience in the petrochemical sector and cutting-edge infrastructure to maximise the impact of these benefits. The logistics centre will serve as a conduit between tenants and the regional petrochemical resin suppliers, allowing for greater integration and benefit to be realised throughout the value chain.

"This study is backed by our vision to offer tenants access to a single dedicated service provider to handle the inbound, onsite and outbound logistics at a competitive cost," said Mohammed Hasa Al Qamzi, Senior Vice-President of Abu Dhabi Polymers Park. "The park reflects the emirate's commitment towards diversification."

Klaus Dahl Tindborg, Regional CEO from Maersk Logistics, said his company's years of experience and exposure give it the ability to fulfil all the needs of Abu Dhabi Polymers Park.