UAE

 

Tacaamol Aromatics JV

 

Abu Dhabi National Chemicals (Chemaweyaat) and Thailand’s Indorama on 26 December signed a joint venture agreement for development of the Tacaamol aromatics plant at the Madeenat Chemaweyaat Al Gharbia (MCAG) site in western Abu Dhabi. The plant will have a design capacity of 1.4mn tons/year of paraxylene and 500,000 t/y of benzene.

Chemaweyaat will have 51% and Indorama 49% in the Abu Dhabi Chemicals Integration Company LLC (Tacaamol) JV....