Khalifa Economic Zones Abu Dhabi (KEZAD) Group has signed an agreement with Renov8 Polymer Industries for the establishment of an advanced recycling facility at KEZAD’s Polymers Park. Under the agreement, Renov8 will invest AED 552 million (US$150m) to develop a 30,000sqm plot in KEZAD’s Polymers Park, as well as an expansion plot of 38,000sqm adjacent to the primary facility, for the recycling of mixed plastic waste.