The North Germany-based SOEX Group, a leading company
in the sector of marketing and recycling used textiles,
is to begin operations from Hamriyah Free Zone ,HFZ,
by the middle of 2017.
"We have leased 322,917 square feet area in
Hamriyah Free Zone and will be starting construction
work of the new plant as soon as possible. We hope
we can start our operations by the middle of next
year," said Axel Buchholz, Managing Director
of Executive Board of the Soex Group after signing
the contract with Saud Salim Al Mazrouei, Director
of Hamriyah Free Zone Authority and Sharjah Airport
International Free Zone.
The SOEX Group has been giving used textiles a new
lease of life for more than 35 years. Founded in 1977,
the company has sites and shareholdings in 5 countries
and more than 1,000 employees today.
"This is our first venture in the United Arab
Emirates. We are going to invest 5 million Euros for
this project and we plan to export 50 percent of our
products to African countries and 25 percent each
to Eastern Europe and the Middle East respectively.
Our facility in Hamriyah Free Zone will have 300 to
400 workers," Axel Buchholz added.
After signing the contract at the headquarters of
Hamriyah Free Zone Authority, Mr Al Mazrouei said,
"SOEX has acquired a land area of 322,917 square
feet in Phase 2 of Hamriyah Free Zone, and we remain
committed to giving our valued customers the best
possible infrastructure to help support their growth
aspirations."
"This step will enable them to grow in the region
and we see this development as another example of
our efforts in empowering businesses paying off,"
Al Mazrouei added.
Elaborating on the nature of his business, Axel Buchholz
said, "Zero waste is our philosophy, and this
can be done by retaining used textiles in the product
cycle 100 percent completely. It preserves natural
resources and the environment in the process. We do
not reject, we grade and sort until there is nothing
left to sort. The highest priority in this is the
prevention of waste, which is why our wearable clothing
is marketed in over 90 countries worldwide. - Emirates
News Agency,
– -http://www.uaeinteract.com
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