The world’s largest fully integrated Greenfield chemicals complex with a production of 7 million tonnes per year will be set up at the new Chemicals Industrial City at the Khalifa Port and Industrial Zone (KPIZ) in Taweelah, Abu Dhabi emirate, making it the first project to be located there.

Known as Chemaweyaat Complex 1, it will produce olefins, aromatics and oxide and ammonia derivatives.  The project will be completed by 2013.
Chemaweyaat is an initiative developed by Abu Dhabi Investment Council (ADIC) and the International Petroleum Investment Company (IPIC) to speed up Abu Dhabi’s involvement in the chemical industry and the creation of Chemicals Industrial City.
An MoU was inked by Abu Dhabi Ports Company (ADPC) with Borealis/ADIC on behalf of Chemaweyaat,
ADPC is a master developer of ports, industrial zones, trade and logistics zones, and related services. Its purpose is to create a sustainable growth platform that spurs the economic expansion and diversification of Abu Dhabi.  It has been mandated to construct, develop and manage all ports and related infrastructure in Abu Dhabi with the exception of military and oil and gas ports.
“The location of this large-scale petrochemical complex is a major milestone for the development of the industrial cluster at the Khalifa Industrial Zone,” said Ahmed Al Calily, CEO and managing director at ADPC.
“Chemaweyaat, as an anchor tenant will attract additional investments from all parts of the supply chain and will create a viable chemical and petrochemical cluster. This will deliver valuable collective benefits to the port and the industrial zone.”
Mohamed Al Azdi, chairman of the Chemaweyaat development committee, said: “We are very pleased with the opportunity to locate the new Chemicals Industrial City in Khalifa Industrial Zone at Taweelah as it provides us not only the physical space for major development, but also helps us to export our future production efficiently. We also look forward to attracting further downstream industries to Taweelah through the broad range of chemical and petrochemical products to be produced there.”
KPIZ is a multi-purpose facility strategically located in Taweelah between the cities of Abu Dhabi and Dubai. It includes the construction of a world-scale container and industrial port, and the development of over 100 sq km of industrial, logistics, commercial, educational and residential special economic and free zones. In the first quarter of this year, ADPC awarded contracts to begin the construction of the new port set to be operational by the end of 2010, and two major earthworks contracts for the Khalifa Industrial Zone.
KPIZ is a central plank of “Plan Abu Dhabi 2030”, and will play a major role in Abu Dhabi’s industrial and economic diversification in serving as a key hub for large-scale industrial investments that will be serviced by a state-of-the-art port, transport and other infrastructure facilities and services.
Present at the signing were ADPC officials  Alexander Haex, deputy director; Jamal Al Ramahi, finance director; Ashraf Al Khaznadar, capital projects director, and Antoine Tayyar, communications director, along with Harry Bucht, vice president, Borealis, and Dr Mohammad Azizur Rahman, direct investments, ADIC.