Project Profile
Value: US$25 billion
Location: Western Region of Abu Dhabi, along the boarder of Saudi Arabia, United Arab Emirates (UAE)
Capacity: 1.4 million tonnes per year (t/y of paraxylene (PX) and 500,000 t/y of benzene
Start-up Year: 2020
Indorama Ventures and Abu Dhabi National Chemicals Corporation (ChemaWEyaat) signed an agreement to establish the joint venture Abu Dhabi Chemicals Integration Company (Tacaamol) to design and build the first phase of the Madeenat ChemaWEyaat Al Gharbia (MCAG) project in the Western Region of Abu Dhabi, along the border of Saudi Arabia.
In 2008, Abu Dhabi Emir established ChemaWEyaat as a joint venture between Abu Dhabi National Oil Company (ADNOC), the Abu Dhabi Investment Council and the International Petroleum Investment Company (IPIC) in order to channelise the best resources from the upstream side toward the petrochemical sector. At that time Abu Dhabi was targeting to invest up to US$25 billion capital expenditure in the giant Madeenat ChemaWEyaat Al-Gharbia Master Planning project. Abu Dhabi has conceived the Madeenat ChemaWEyaat Al-Gharbia Master Planning project as an integrated petrochemical complex similar to Sadara in Saudi Arabia. If integration favors the process optimisation and related costs, it also adds complexity in the design and construction pushing forward the expected date of first production.
So ADNOC and IPIC decided to split the Madeenat ChemaWEyaat Al-Gharbia Master Planning project in three phases. As a first phase, the Madeenat ChemaWEyaat Al-Gharbia (MCAG) project should require US$10 billion capital expenditure. This first phase MCAG will itself be also phased up in a manageable way and in respect with the different partnerships required by ChemaWEyaat to licence the best processes with international chemical companies. In that respect the agreement signed between Indorama and ChemaWEyaat to create the joint venture Tacaamol is providing the first stone to the MCAG project.
For this first phase of the MCAG project, ChemaWEyaat and Indorama intends to build through their Tacaamol joint venture an aromatics plant including:
- 1.4 million tonnes per year (t/y of paraxylene (PX)
- 500,000 t/y of benzene.
- Petrochemicals tank farm
- Export jetty
Tacaamol Aromatics project as a first phase of the Madeenat ChemaWEyaat Al-Gharbia (MCAG) project to come on stream in 1Q 2018.
Operators:
Joint Venture of Tacaamol
Indorama Ventures (Indorama) (exited the JV in 2014)
ChemaWEyaat (joint venture between ADNOC, the Abu Dhabi Investment Council and IPIC)
Contractors:
CH2M Hill: Carry out the front end engineering and design (FEED) work
Foster Wheeler: Provide the project management consultancy (PMC) services