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Ta’ziz ammonia facility moves forward: Italy-based engineering and construction giant Tecnimont has been tapped to build the UAE’s 1 mn ton low-carbon ammonia factory under development by a consortium of Emarati and global firms, according to a statement. Ta’ziz — a joint venture between Adnoc and ADQ — signed a shareholder agreement with Fertiglobe, Korea’s GS Energy Corporation and Japan’s Mitsui & Co. for the project back in January 2023.
REMEMBER- Construction for the ammonia plant is set to begin in 3Q 2024 with operations expected to kick-off in 2027, the statement said.
The project will bring lots of carbon savings: The first phase — predicted to attract USD multi bn investment over the next 20 years — will produce ammonia that is 50% less carbon intensive than conventional ammonia, the statement notes. The second phase will be even less carbon intensive due to carbon capturing and sequestration and will more than double the initial phase’s capacity. Much of the construction award value is expected to reenter the UAE economy through Adnoc’s In-Country Value Program.
Not the first collaboration between partners: Adnoc delivered the world’s first certified bulk commercial shipment of low-carbon ammonia produced using carbon capture and storage to Japan’s Mitsui earlier this month. The ammonia was produced at Fertiglobe’s Ruwais facility near Abu Dhabi and “will see the CO2 captured and permanently stored in the world’s first fully sequestered CO2 injection well in a carbonate saline aquifer.”
About the companies: A key subsidiary of the Maire Group, Tecnimont specializes in large-scale engineering, procurement, and construction projects in chemicals, petrochemicals, fertilizers, refining and gas monetization, and power. Ta’ziz is a chemicals and transition fuels complex under development in Abu Dhabi’s Al Ruwais Industrial City, according to its website.
Tecnimont is active in the MENA region: Tecnimont was looking to partner with an Egyptian oil company as it looks to kick off sustainable aviation fuel (SAF) tests at an Italian airport earlier this week. The company also was approved by EGX-listed, state-controlled Egyptian Chemical Industries to take the reins on its nitric acid and ammonium nitrate project in June 2023. Italian chemical manufacturing company NextChem — a subsidiary of Maire Tecnimont — set up a plant for reprocessing and upcycling polymers in the UAE in 2022.
