KIZAD (Khalifa Industrial Zone of Abu Dhabi) and Shaheen Chem Investment announced the signing of an agreement for the land lease of a two-phase chemical complex in the industrial zone with an expected investment of $1.09bn, the Emirates News Agency (WAM) reported yesterday.
The plant will support the UAE’s growing chemical manufacturing sector and supply major industrial companies such as Emirates Global Aluminium (EGA) with raw material. Shaheen Chem Investment will also pioneer the production of ethylene dichloride in the UAE, showcasing KIZAD’s role as an industrial hub for the country, according to the WAM report.
In addition to a dedicated port terminal at Khalifa Port, construction of the complex will take place over a dedicated 330,000 square metres of land in KIZAD.
The plant’s first phase will produce 130,000 tonnes per year of caustic soda for EGA’s Al Taweelah alumina refinery and 160,000 tonnes per year of ethylene dichloride. Upon completion of the second phase, caustic soda production capacity will double and the plant will expand operations with vinyl chloride and polyvinyl chloride production, stated the report.