Abu Dhabi: Shaheen Chem Investment will build a chemical complex in the Khalifa Industrial Zone of Abu Dhabi (Kizad) with an expected investment of Dh4 billion.
The firm signed an agreement with Kizad to lease land for the complex, which will be built in two-phases, according to an announcement on Sunday.
The plant will support the UAE’s growing chemical manufacturing sector as well as supply major industrial giants such as Emirates Global Aluminium, EGA, with raw material.
The first phase of the plant is expected to 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.
