Abu Dhabi Oil Refining Company (Takreer) has awarded a US$2.48bn contract to Samsung Engineering Company to build a carbon black unit and a delayed coker unit in Ruwais, west of Abu Dhabi, by January 2016
Samsung said in a statement that the company, which specialises in engineering, procurement and construction (EPC), has received a letter of award (LOA) from Takreer – a subsidiary of Abu Dhabi National Oil Company (Adnoc).
When completed, the facilities will have a capacity of 40,000 tonnes of carbon black per year and process 30,000 barrels of crude oil per day.
Carbon black is fine carbon powder used as a pigment and reinforcement material for auto tyres. It is made from burning hydrocarbons in insufficient air.
Park Ki-Seok, president and chief executive officer of Samsung Engineering, said in a statement, “This award solidifies Samsung Engineering’s project management and engineering expertise as well as our strong partnership with Takreer. We look forward to executing this landmark project to the highest standards.”
