Roadbot invests $614mn in a new tire plant in Abu Dhabi
Chinese tire manufacturer Roadbot is set to construct a new manufacturing plant in Abu Dhabi. Investing $614mn, the project is part of an agreement between Jiangsu Provincial Overseas Cooperation and Investment Company (Jocic) and Abu Dhabi Ports, and will be fully up and running by 2020.
Situated at the China-UAE Industrial Capacity Cooperation Demonstration Zone within the Khalifa Industrial Zone Abu Dhabi (Kizad) will produce up to three million passenger car radial tyres, as well as one million truck and bus radial tyres, Gulf Business has reported. Numbers will rise to 10mn by 2022.
"It is an important part of the Belt and Road Initiative and a crystallisation of multiculturalism, based on the principle of achieving shared growth through discussion and collaboration," commented Roadbot Chairwoman, Zhang Yingzi.
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"Roadbot will connect Abu Dhabi to global and regional automotive manufacturing demand; joining over 19 Chinese companies that have signed agreements to invest over $1 billion in the demonstration zone established within the KIZAD,” added Captain Mohamed Juma Al Shamisi, CEO of Abu Dhabi Ports.
“The Roadbot tire factory will make an important contribution to the UAE’s manufacturing base as part of our leadership’s long-standing strategy to diversify our economy. Today’s ground-breaking also demonstrates the increasingly close ties between the UAE and China, and reinforces the UAE’s role as a key partner in China’s Belt and Road initiative,” noted Dr Sultan Al Jaber, the UAE Minister of State and Chairman of Abu Dhabi Ports.
Spanning 275,000sq metres, the new facility will create over a thousand new jobs in the region, which will work to bolster the region’s automotive industry. At present, Toyota, Honda, Fiat and other strong brands operate in the area.
Sustainable Manufacturing: Bayer Joins Manufacture 2030
“Advancing life - that's what we at Bayer are all about.” With this strong mission statement at the core of its operations, it seems fitting that the pharmaceutical and life science company has joined Manufacture 2030 to further promote inclusive growth and responsible use of resources.
For Bayer, the concept of means “providing more people across the world with access to health care and food security, and devising solutions to protect the environment, especially decarbonisation, climate adaptation, and biodiversity preservation.”
Bayer’s Ambitious Series of Sustainability Commitments
In line with the United Nations Sustainable Development Goals and the Paris Agreement, Bayer’s ambitious sustainability targets to achieve by 2030 include:
- To reduce its Scope 1 and 2 greenhouse gas (GHG) emissions by 42%, and absolute Scope 3 GHG emissions by 12%
- By 2030 the remaining emissions of Bayer’s operations will be fully offset by purchasing certificates from verified climate protection projects
“Given CO2 emissions are the main reason for climate change, Bayer is committed to making our business as resource efficient as possible, aiming to become carbon-neutral across our own operations by 2030. By partnering with Manufacture 2030 and their cloud-based platform, the Bee, we can better equip our operational teams with the know-how needed to reduce impacts, as well as track our site-level performance towards company targets. We are confident that by embedding innovative technologies like the Bee, we can play our part in protecting the climate,” said Thomas Gosmann, Head of Pharma Technology & Global Energy Manager at Bayer.
Bayer’s Five Year Partnership with Manufacture 2030
Over the next five years, Manufacture 2030 aims to help Bayer meet its targets, reducing SCope 1 and 2 emissions across Bayer’s 138 sites, and covering all three business units (pharmaceuticals, consumer health and crop science).
“We are delighted to be launching this new partnership with Bayer, helping them to achieve their Science Based Targets by reducing site-level environmental impacts. Helping people and the planet is at the heart of Bayer’s philosophy, as well as being an organisation full of expertise, so we are thrilled they have chosen our unique platform to aid them in continually improving the environmental sustainability of their business,” added Martin Chilcott, Founder and CEO at Manufacture 2030.
About Manufacture 2030
Manufacture 2030 - Founded in 2017 - is a trading brand of mission-driven private company . Manufacture 2030 pioneers new ways to drive sustainable proactive across the manufacturing and supply chain world by partnering with multiple brands and their suppliers to reduce environmental impacts.
Headquartered in the UK, the company’s platform and support services help suppliers and manufacturers in 50 countries around the world.
“We are a culturally diverse and energetic team, passionately committed to helping our clients and their suppliers achieve their carbon reduction commitments,” says Manufacture 2030.