American Petrochemical Giant Cabot Expands to Jebel Ali Free Zone

Marking a significant boost to the UAE's industrial sector, American multinational Cabot Corporation, a leader in performance specialty materials, announced today the establishment of a new petrochemical plant in the Jebel Ali Free Zone (JAFZA). This strategic expansion signifies Cabot's commitment to cater to the growing demand for specialty chemicals in the Middle East and North Africa (MENA) region.

The new plant, details regarding the size and investment of which are yet to be disclosed by Cabot, will focus on the production of Cabot's Reactor Materials. These materials play a vital role in various industries, including oil and gas refining, petrochemicals, and plastics manufacturing. The Jebel Ali Free Zone's strategic location and world-class infrastructure, coupled with its duty-free incentives and ease of business operations, make it an ideal hub for Cabot to tap into the flourishing regional market.

"We are thrilled to announce the establishment of our new petrochemical plant in Jebel Ali Free Zone, " said a spokesperson for Cabot Corporation. "This expansion reinforces our commitment to serving our customers in the MENA region and providing them with the high-quality performance materials they require. JAFZA's unparalleled business ecosystem and its proximity to key markets make it the perfect platform for us to achieve our growth objectives. "

Sultan Ahmed bin Sulayem, Group Chairman and CEO of DP World, the global trade and logistics leader that owns and operates JAFZA, hailed Cabot's decision to establish a presence in the free zone. "We are delighted to welcome Cabot Corporation to Jebel Ali Free Zone, " bin Sulayem said. "Cabot's investment is a testament to JAFZA's position as a leading destination for global industrial companies seeking to access the vast potential of the MENA region. We are confident that JAFZA's world-class infrastructure and efficient business services will provide Cabot with the ideal environment to flourish. "

The establishment of Cabot's new plant is anticipated to generate significant economic benefits for the Jebel Ali Free Zone and the wider UAE economy. The project is expected to create new job opportunities for skilled professionals in the region and contribute to the growth of the country's manufacturing sector. Furthermore, Cabot's presence is likely to attract other multinational corporations seeking to establish a foothold in the MENA region, solidifying JAFZA's position as a premier industrial and business hub.

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