India’s Radiant Group, an expert in oil distillation process, is set to build its new factory at the Hamriyah Free Zone, Sharjah, in the UAE, at an investment of $10m. The 60,000 metric-ton-capacity oil distillation plant will come up in the Phase Two of the Sharjah free zone by the middle of next year, said a statement by the Indian group, Saudi Gazette reported.
Based in the western state of Maharashtra, Radiant has developed in‐house operational and commercial expertise in oil distillation processes. The plant manufactures alternate petroleum products and refines used/waste lubricating oil.
Managing Director of Radiant Overseas, Vibhor Gupta, said that potential customers can now look forward to new product offerings, such as special solvents from Radiant Overseas, globally in paint industries, agro-industries and other sectors, Gulf Today wrote.
Director of the Emirati Hamriyah Free Zone Authority (HFZA) and Sharjah Airport International Free Zone (SAIF Zone), Salim Al Mazrouei, expressed his pleasure with the increasing number of manufacturing units in the zone, saying: “A number of new companies have been opening in Hamriyah Free Zone due to its strategic position and attractive offers and facilities. Our goal is to create a robust business environment by meeting the needs and demands of our investors.”