MAHY Khoory Group to build AED 1bn+ PM4 paper machine in UAE
M.A.H.Y. Khoory Group has announced a new paper manufacturing line, PM4, at the Al Dhafra plant of its operating arm Union Paper Mills in Abu Dhabi, with investment exceeding AED 1 billion. The project will let Union Paper Mills diversify into premium containerboard grades and specialised paper for gypsum plasterboard, aligning with the UAE's Operation 300bn industrial strategy.
Why this mattersA new UAE containerboard line adds regional capacity and higher-value grades, sharpening competition for Gulf fibre packaging producers and importers.
- Investment in PM4 exceeds AED 1 billion
- PM4 will be built at Union Paper Mills' Al Dhafra plant in Abu Dhabi
- Project adds premium containerboard grades and specialised paper for gypsum plasterboard
- Announced 22 October 2026 by M.A.H.Y. Khoory Group chairman Salahaldin Sharafi and group CEO AbdelRhman Obaid
- Project is positioned under the UAE's Operation 300bn industrial strategy and Make it in the Emirates initiative