The United Arab Emirates is set to get the first fluid catalytic cracking (FCC) unit in the Middle East by 2015
The plant will be located 70km from Abu Dhabi in Kizad Industrial Zone and will be built by US-based Grace Catalyst Technologies.
The construction is set to begin in Q3 2013 and operations are likely to start in 2015, Grace Catalyst Technologies said.
The FCC process reportedly speeds up production of petrol and liquefied gas from heavy oil.
According to Shwan Abrams, president of Grace Catalyst Technologies, US$200mn will be invested in the construction of the plant.
Abrams said, “This is the main investment we have made outside North America. The installation should generate some 200 jobs.”
FCC is gaining ground in the Middle East due to the presence of heavy oil.
