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MEDIA, Abu Dhabi, September 2, 2018 (WAM)
ADNOC Refining Company, a subsidiary of National Oil Company (ADNOC), announced today the successful operation of the Anodized Coal Unit as part of the Carbon Black and Anodized Carbon Project to enable the company to maximize the value of heavy oil and oil plankton and accelerate its expansion strategy in refining and petrochemicals. The ADNOC Carbon Black and Carbon Black Carbon Project aims to recover high-quality carbon black and high quality coke materials that enable the company to achieve additional value from materials used in the production of low-value fuel as well as the importance of these products in meeting the essential needs For industrial operations of ADNOC Group companies and other industries in the UAE reduces the need to import and supply expensive raw materials. ADNOC’s $ 1 billion investment in refining and petrochemicals will increase the refining capacity of the company by more than 65%, or about 600,000 barrels per day by 2025, by adding a new third refinery at the Ruwais complex, bringing the total refining capacity to 1.5 million barrels per day. In the ADNOC refining and petrochemicals strategy, AED 165 billion (US $ 45 billion) will be invested over the next five years to create the world’s largest integrated, state-of-the-art refining and petrochemical complex in the city, said Abdul Aziz Al Hajri, ADNOC’s Director of Gas, Refining and Petrochemicals. Ruwais. ADNOC is transferring 20% of its crude oil to the production of chemicals, which will increase the capacity of the company from petrochemicals three times to reach 14.4 million tons per year by 2025.
