The construction of one of the world’s largest methanol plant is progressing in Ruwais Industrial City, Abu Dhabi. Located in the Taziz Industrial Chemicals Zone, the plant is the UAE’s first methanol production facility. UK’s Wood Group is managing the project, with 40 consultants and experts from its regional energy hub being mobilized. Their team will collaborate with the plant’s main engineering, procurement, and construction (EPC) contractor.
South Korea’s Samsung E&A secured the $1.7 billion EPC contract in February. The construction duration is 44 months. French Technip Energies and India’s Larsen & Toubro Energy Hydrocarbon had also submitted bids for the work earlier. Technip had already completed front-end engineering and design (FEED) operations in 2022. The methanol complex will produce 5,000 metric tonnes per day. Its supply will be 1.8 million tonnes annually. Taziz and Proman have a joint venture (JV) in the project. Proman signed its shareholder agreement early in 2023. EPC bidding commenced early in 2024.
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Scope of Implementation on One of the World’s Largest Methanol Plant
The implementation on one of the world’s largest methanol plant will reduce the UAE’s import dependence significantly. Besides, it will support global demand from the emerging markets. The project implementation reflects the UAE’s aspiration to become a foremost industrial chemicals manufacturer. Implementation is underway in Ruwais, a major industrial hub with advanced infrastructure. Plant development involves intense planning, international cooperation, and sequential contractor engagement. Besides, it demonstrates the UAE’s commitment to diversifying its downstream energy portfolio. While current work entails physical construction, later stages will entail advanced process technologies. The plant, upon completion, will contribute to economic diversification and sustainability goals. The execution is now part of the Taziz zone scope. However, successful delivery may have an effect on similar developments across the region.
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