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ChemWEyaat new petrochemical project

December 03/2010

(Arabian Oil and Gas) -- With a US$20 billion price tag, ChemaWEyaat is the largest pure play downstream project in the Middle East today. As part of its plans to develop the downstream sector, the government of Abu Dhabi launched Abu Dhabi National Chemicals Company (ChemaWEyaat) in November 2008, as part of Abu Dhabi 2030 vision.


The purpose of the company is to better utilise the Emirates vast resources, simultaneously enhancing the development of the petrochemicals industry in Abu Dhabi.


The first wholly-owned subsidiary of ChemaWEyaat will be Tacaamol. The project will produce 6.2 million t/y of marketable petrochemicals, its aromatics unit will have a capacity of 1.4 million t/y of paraxylene, which is used in the production of plastic bottles, and 850 000 t/y of benzene, a key raw material used for the production of polystyrene and polycarbonate. The unit will also produce the liquefied petroleum gases propane and butane, along with light naphtha.


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