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SINGAPORE (ICIS) – The Abu Dhabi National Oil Company (ADNOC) plans to build a steam cracker at Ruwais to meet its goal of more than doubling the chemical production capacity of the TA’ZIZ Industrial Chemicals Zone.
ADNOC said in a statement on Nov. 3 that a feasibility study for the project is underway and the design phase will begin in the first quarter of 2023.
“At the heart of the expansion will be a new world-scale, low-carbon footprint steam cracker to feed various downstream production units, bringing multiple new product value chains to the UAE for the first time,” it added.
Details of the factory’s capacity were not disclosed.
“TA’ZIZ is a key enabler of the UAE’s ambitions for industrial development and manufacturing growth,” said Khaleefa Yousef Al Mheiri, Acting CEO of TA’ZIZ.
“With strong demand from our partners and investors for the first phase of TA’ZIZ’s world-scale growth, and to capitalize on the growing global demand for chemicals, we are accelerating our plans to expand chemical production in the next phase,” said Al Mheiri .
The first phase of the TA’ZIZ complex is
joint venture project Partnership with Indian conglomerate Reliance Industries.
The plant is expected to produce 940,000 tons of chlor-alkali; 1.1 million tons/year of dichloroethane; and 360,000 tons/year of polyvinyl chloride (PVC), according to an earlier statement.
At the Abu Dhabi International Petroleum Exhibition (ADIPEC) from 31 October to 3 November, partners TA’ZIZ, Reliance and the UAE private company Shaheen signed a joint venture establishment agreement for the project. The total investment of the project will exceed 2 billion US dollars.
“Site preparations for TA’ZIZ are underway and a final investment decision for the Phase 1 project is expected by the end of the year,” ADNOC said on November 3.
ADNOC said the new chemical complex “will utilize low-carbon electricity sources, such as cogeneration from on-site utilities, grid electricity from nuclear and solar clean energy, and use the best available technologies to drive lower carbon emissions. Manufacturing growth”. The group’s net-zero emissions target by 2050.
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