Abu Dhabi National Chemicals Company (ChemaWEyaat) was established by Emiri Decree in November 2008 to enhance the Abu Dhabi involvement in the domestic chemicals industry while complementing ADNOC’s subsidiaries; Abu Dhabi Polymers Company (Borouge) (polyethylene and polypropylene) Borouge Pte (Marketing) in Singapore, Ruwais Fertilizers Industry (Fertil) in addition to International Petroleum Investment Company’s (IPIC) international chemicals subsidiaries.
ChemaWEyaat is jointly owned by International Petroleum Investment Company (IPIC) (40%), Abu Dhabi Investment Council (40%) and Abu Dhabi National Oil Company (ADNOC) (20%).
Stage two of ChemaWeyaat will be the development of the Madeenat ChemaWEyaat Al Gharbia (MCAG) Master Planning Project, located at Al Gharbia in the western region of Abu Dhabi, adjacent to the ADNOC-Ruwais Industrial Complex, home to the Borouge Polymers complex, GASCO, and Takreer Refinery, among others. Feedstock for Madeenat ChemaWEyaat will be provided by ADNOC Group.
ChemaWEyaat chemical complexes will be developed in a new chemicals city, Madeenat ChemaWEyaat Al Gharbia (MCAG), on 70 square kilometre land allocated to the east of Ruwais Industrial Complex in the Western Region of Abu Dhabi. A master plan for the utilisation of this area has been completed at the end of 2011.
The first ChemaWEyaat project to be completed in Q1/2018 will comprise: