US registered advanced materials company Partanna Global has announced plans to establish its regional headquarters and a new manufacturing facility in Abu Dhabi, UAE. It is already affiliated with Partanna Bahamas, registered in Nassau, and Partanna Arabia, registered in Saudi Arabia.
Partanna has partnered with The Abu Dhabi Investment Office (ADIO) to undertake this endeavour. The ADIO will support Partanna by enabling it to set up large-scale, eco-friendly manufacturing operations in Abu Dhabi catering to the regional market.
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Both organizations are working towards positioning Abu Dhabi as the regional epicentre for carbon-negative and sustainable building materials.
The new facility will convert waste brine into carbon-negative cement offsetting emissions and absorbing CO₂ from the atmosphere. It will produce up to 3 million tonnes of Partanna binder annually, equivalent to 10% of the UAE’s cement market.
Rick Fox, co-founder and CEO of Partanna, praised Abu Dhabi as the perfect choice of location adding that “there’s no better place to scale our business globally than Abu Dhabi.”
“With ADIO’s support, we’re creating a roadmap to scale this globally and show that sustainable construction is not only possible but profitable”, Fox added.
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By GlobalDataH.E. Badr Al-Olama, director general at ADIO shared the sentiment saying that “economic growth and environmental responsibility are not mutually exclusive.”
