M.A.H.Y. Khoory Group, one of the longest-established diversified groups in the UAE and the region, has announced plans to develop PM4, a paper manufacturing project incorporating the latest global technologies, at the Al Dhafra plant of Union Paper Mills (UPM), the Group’s operational and manufacturing arm, in the Al Dhafra area of Abu Dhabi. The investment, exceeding AED 1 billion, reflects the Group’s longstanding commitment to expanding its production capabilities and supporting the growth of the industrial sector as a vital contributor to the national economy.
The project aligns with the UAE’s Operation 300bn industrial strategy and Make it in the Emirates initiative, supporting the nation’s drive towards advanced manufacturing, economic diversification and global industrial competitiveness.
More than capacity expansion, PM4 represents a strategic transformation of the Group’s manufacturing capabilities. Integrating advanced technologies, the project will enhance production capabilities and operational efficiency while enabling Union Paper Mills to diversify into higher-value products, including premium containerboard grades and specialised paper for gypsum plasterboard applications. This diversification will strengthen the Group’s competitive position and its ability to serve evolving market needs and capture new opportunities in regional and international markets.
Salahaldin Sharafi, Chairman of Board – M.A.H.Y. Khoory &Co, commented:”PM4 marks a defining chapter in our industrial journey. This is not simply an expansion; it is a bold investment in the future of our business, designed to redefine our manufacturing capabilities and strengthen our competitive position for decades to come.”
AbdelRhman Obaid, Group CEO of M.A.H.Y. Khoory & Co, commented: “Our ambition is to build a future-ready industrial platform that is smarter, more agile and more diversified. By anticipating market shifts and embracing innovation, we aim to unlock new growth opportunities, strengthen resilience and create sustainable long-term value. Above all, this milestone reflects our conviction that long-term success is built through decisive investment, continuous innovation and the ambition to lead rather than follow.”
Building on decades of manufacturing experience, PM4 will further strengthen the Group’s established industrial presence in the UAE, with sustainability, resource efficiency and circular economy principles integral to its development.
