ChemaWEyaat Project

“ChemaWEyaat”: A National Vision for Chemicals Conversion Industry in Abu Dhabi, UAE

In support of the Government of Abu Dhabi’s drive to diversify its investment portfolio and enhance its involvement in adding value to its natural resources, a strategic decision has been taken to accelerate the Emirate’s investments in the Chemical Industry by establishing Abu Dhabi National Chemicals Company (ChemaWEyaat). An agreement has been reached between the Abu Dhabi Investment Council (The Council) and International Petroleum Investment Company (IPIC) to set up ChemaWEyaat (literally meaning chemicals in English). Abu Dhabi National Chemicals Company is entrusted to develop ChemaWEyaat Industrial City in the new Mina Khalifa Industrial Zone located in Abu Dhabi’s Taweelah area.

The first complex is projected to begin production in 2014, and is estimated by some industry specialists to carry an investment cost of around US $ 10 billion. ChemaWEyaat Venture 1 Company is underway to finalise the pre-FEED (Front End Engineering Design) stage. The Venture 1 company will encompass total exports of more than six million tons of several chemical products, including (figures in thousands tons per annum):

- Paraxylene 1370,
- Benzene 340,
- Cumene 400,
- Phenol 60,
- Acetone 110,
- Bisphenol A 160,
- Polycarbonate 130,
- Polypropylene 420,
- Mono-Ethylene Glycol (MEG) 900,
- Di-Ethylene Glycol (DEG) 46,
- Tri-Ethylene Glycol (TEG) 3,
- Ethanol Amine 100, Butadiene 200,
- MTBE 140, Polyethylene 950,
- Urea 1000 and Melamine 80.

Venture 1 is expected to be the world’s largest fully integrated grass root chemical complex. It will have the world’s largest:

- reformer (70kbbl/day),
- naphtha cracker (1,450kta Ethylene + 690kta Propylene),
- BTX unit (Para-Xylene 1370 + Benzene 860kta),
- Ethylene Oxide unit (790kta) and
- melamine unit (80kta).

Discussions by Abu Dhabi National Chemicals Company (ChemaWEyaat) to attract reputable international and local joint venture partners with advanced technology, operating & marketing know how and leading market positions to participate as J.V Partners in Tacaamol Complex are underway. Discussions are also underway to plan for several complexes/companies in the future.

Master Plan implementation for “ChemaWEyaat Industrial City” will start soon with the involvement of Abu Dhabi Ports Company (ADPC). A Memorandum of Understanding (MOU) was signed between Abu Dhabi National Chemicals Company and ADPC on May 4, 2008. ChemaWEyaat Industrial City is expected to host multiple mega-Chemical Complexes companies utilizing Abu Dhabi’s gas and liquid feed stocks. Discussions are underway to plan the next complex/company. The future magnitude of ChemaWEyaat Industrial City is considered to be like Jubail Industrial City in Saudi Arabia, while the model of the Chemical Complexes is of “full integration”, similar to BASF – “Verbund” concept. Abu Dhabi National Chemicals Company Group is expected to include service companies for chemicals ships, projects execution, etc., along with several shared service centers in the areas of: Innovation, Finance, IT, Human Resources and Administration, ChemaWEyaat City Services; etc. Port Khalifa is expected to provide world class dedicated export terminals for dry and liquid chemical products for ChemaWEyaat Industrial City.

The creation of Abu Dhabi National Chemicals Company and ChemaWEyaat Industrial City will support a rapid development of adjacent industries and businesses; namely real estate development, service industries, and general downstream processing and conversion industries to support industries in Port Khalifa.

In addition to Abu Dhabi National Chemicals Company, there are two other petrochemical entities in Ruwais (Abu Dhabi) involved in the petrochemical business based on dry gases (Methane and Ethane): Borouge 60% ADNOC, 40% Borealis Boards is 65% owned by IPIC& 35% owned by OMV. OMV IS ALSO 19.5% by IPIC producing polypropylene and polyethylene from ethane, and Fertil (68% ADNOC, 22% Total) producing Ammonia & Urea from Methane.
Without a doubt, Abu Dhabi National Chemicals Company is going to be a fundamental wheel in Abu Dhabi Government’s high speed yet subtle drive in this millennium.

Please visit http://www.chemaweyaat.com/

If you wish to submit your resume / CV for consideration, please forward your details to
CWT-HRCV@chemaweyaat.com
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