UAE Adnoc opens plastic factory
According to Al-Bayan newspaper, the Abu Dhabi National Oil Company (Adnoc) will open the Abu Dhabi Plastic manufacturing factory before the end of the present year.
The investment costs of this project totaled $1.2 billion. This is one of Adnoc’s major petrochemicals projects.
Adnoc has recently begun to expand gas production out of the major gas fields in the UAE. The development of the onshore gas factory in Habshan (OGD-1) enabled Adnoc to expand its gas processing capacity to 2 billion cubic feet.
As the second expansion phase of the OGD-11 gas field project ends, this capacity will rise to 3 million cubic feet per day. — (Albawaba-MEBG)