Abu Dhabi – Mubasher: The Abu Dhabi National Oil Company (ADNOC), in collaboration with its partner Cepsa, announced awarding a Front End Engineering Design (FEED) contract to Spanish Técnicas Reunidas.
The contract entails developing a world-scale Linear Alkyl Benzene (LAB) plant in the Ruwais Derivatives Park.
The plant is considered the first of the derivative units to be advanced under ADNOC’s AED 165 billion (US $45 billion) Ruwais downstream investment programme, ADNOC said in a statement on Wednesday.
ADNOC and Cepsa, a Spanish based global integrated energy company, will jointly operate LAB, the UAE's state-owned energy giant noted.
The plant is expected to produce 225,000 metric tonnes per annum (MTPA) of Normal Paraffins (NP) and 150,000 MTPA of LAB, the statement noted.
“The LAB plant will be a key component of ADNOC’s plans to develop a new, large-scale, manufacturing ecosystem in Ruwais through the creation of the Ruwais Derivatives Park,” Abdulla Ateya Al Messabi, ADNOC Refining & Petrochemicals Business Unit Manager, said.
It is worth noting that Cepsa is wholly-owned by Abu Dhabi’s Mubadala Investment Company.
“The park will act as a prime catalyst for the next stage of ADNOC’s petrochemical transformation by inviting partners to invest and produce new products and solutions from the growing range of feedstocks that are available in Ruwais. This will enable the creation of numerous new petrochemical activities and value chains,” Al Messabi added.
