Petrochem has announced the launch of a modern petrochemical facility in Jebel Ali, with an investment of 300 million AED. This initiative marks a significant advancement in enhancing industrial logistical capabilities and supporting Dubai’s Economic Agenda D33.
The new facility is set to be the largest petrochemical plant in Petrochem’s history, combining its operational and administrative functions in a designated location tailored to meet its needs. The establishment aims to support long-term growth while enhancing the infrastructure for the distribution, storage, and transport of chemicals, thereby strengthening supply chains in the manufacturing, energy, and various other sectors both within the UAE and beyond.
The investment amount of 300 million AED reflects the escalating demand from the private sector for specialized and extensive logistical infrastructure, aligning with Dubai’s industrial development strategy. This pioneering project enhances capabilities related to the handling and distribution of chemicals, which in turn supports local manufacturing and supply chain resilience, elevating Dubai’s competitive stature as a global trade hub. The project directly contributes to the priorities of Dubai’s Economic Agenda D33 by solidifying high-value industrial activities in Dubai, attracting global trade flows, and facilitating long-term private sector investments within the DB World ecosystem.
Rohan Mehta, CEO of Petrochem, stated, “The opening of our new headquarters is not just a move to a new address; it is a clear declaration of our vision and future aspirations. After three decades of consistent growth, we are pleased to transition from rented offices to owning a state-of-the-art facility. This step confirms our commitment to sustainable long-term growth and reinforces the trust we instill in our employees, partners, and stakeholders. The new facility has been designed to meet the company’s goals for growth and innovation over the next thirty years, further contributing to Dubai’s economy. It also reflects our unwavering commitment to our employees as much as it does to business development. Through this move, we aim to empower our teams to feel confident, secure, and proud to belong to an ambitious company that is steadfast in establishing its presence and growth in alignment with Dubai’s long-term vision.”
Yugesh Mehta, Founder and Chairman of Petrochem, added, “When we established Petrochem in Dubai around 30 years ago, we had complete confidence in the emirate’s wise leadership, advanced infrastructure, and high ambitions. Today, we witness the fruition of that confidence with the inauguration of the new facility and company headquarters, affirming our commitment to supporting Dubai’s development in the long haul, while continuing to trust its economic vision. With this step, we also fulfill our responsibility as a local company dedicated to investment and value creation, actively contributing to the next growth phase within the framework of Dubai’s Economic Agenda D33.”
The new project features Petrochem’s second plant in the UAE, alongside an array of independent office buildings, all certified with a Gold LEED rating for energy and environmental design. The facility is built to serve as a strategic pillar for Petrochem’s growth over the next thirty years, enabling the company to enhance its chemical distribution, storage, and transport capabilities in global markets.
Sultan Ahmed Bin Sulayem, Chairman and CEO of DP World, remarked, “Petrochem’s expansion of operations in Dubai showcases the resilient confidence that global manufacturers have in the emirate as a leading center for sustainable industrial growth. The new facility enhances supply chain resilience and supports the growth of high-value manufacturing and chemicals sectors in the region. This move demonstrates the private sector’s commitment to achieving the objectives of Dubai’s Economic Agenda D33 aimed at accelerating industrial development and establishing foundations for sustainable economic growth.”
Abdullah bin Dmeithan, CEO and General Director of DP World, GCC, stated, “Investments like Petrochem’s bring tangible value across the integrated industrial ecosystem by boosting manufacturers’ confidence and providing greater flexibility and growth capacity for partners. By consolidating their operations and logistical activities and headquarters in Jebel Ali, companies can enhance operational efficiency, reduce complexity, and better serve the global markets in the Middle East, Africa, and beyond. Thus, Dubai continues to achieve its ambitious economic vision through practical advantages that enhance the competitiveness of the business community and solidify the emirate’s position as a global trade and industry center.”
Founded in Dubai in 1995, Petrochem is a family-owned company that started as a small firm with a single office in JAFZA, evolving into a multinational organization specializing in chemical distribution with operations extending across the Middle East, Asia, Europe, Latin America, and Africa. The relocation of the company’s headquarters to Jebel Ali reflects its ambitions to expand its reach and integrate its operations while enhancing proximity to essential commercial and logistical infrastructure.
The project underscores Petrochem’s long-term commitment to Dubai and its pivotal role as a private sector contributor to the emirate’s economic growth, particularly under the leadership of its founder and Chairman Yugesh Mehta, alongside his son, General Manager Rohan Mehta, CEO Vino Nair, and the management team.
As part of the DB World ecosystem, Petrochem supports infrastructure and industrial sectors by enhancing resilience and providing advanced supply chain frameworks, aligning with Dubai’s economic vision.