The Abu Dhabi Nationwide Oil Firm (ADNOC) has added White Spirit and Solvents to its refined merchandise portfolio
This goals to permit ADNOC to seize extra worth from Abu Dhabi’s pure assets, producing merchandise that can be utilized by home business to advertise in-country manufacturing, whereas additionally increasing its market attain internationally.
Abdulla Ateya Al Messabi, CEO of ADNOC Refining, stated that the goal is to develop and diversify our product vary and unlock worth from operations and assets. These merchandise will allow ADNOC to increase its attain to new markets and widen its buyer base.
The enlargement of ADNOC’s product vary can also be a part of its broader downstream 2030 Sensible Development Technique. The technique capitalizes on Abu Dhabi’s proximity to international development markets, entry to aggressive feedstock, and its engaging fiscal and regulatory atmosphere. Since launching the technique in 2018, ADNOC has attracted important overseas funding into Ruwais and expanded downstream partnerships throughout its refining, fertilizer, and pipeline property. This technique is remodeling Ruwais right into a world-class and globally aggressive chemical compounds cluster, stimulating personal sector exercise and long-term specialised employment alternatives, notably for these from the Al Dhafra area.
ADNOC Refining produces greater than 40 mmt of high-quality refined merchandise to markets world wide. It has the capability to refine greater than 922,000 barrels of crude oil and condensate per day into varied merchandise, together with liquefied petroleum gasoline, naphtha, gasoline, jet gasoline, diesel, base oil, and petrochemical feedstock; akin to propylene. It additionally produces specialty merchandise akin to carbon black and calcined coke.