Neste Jacobs Receives Long-Term Agreement from Abu Dhabi National Chemicals Company (ChemaWEyaat)
Jacobs Engineering Group Inc.'s Neste Jacobs Oy of Kilpilahti, Finland, has received a framework agreement from Abu Dhabi National Chemicals Co. (ChemaWEyaat) to provide front-end engineering and design services at the ChemaWEyaat Industrial City (Madeenat ChemaWEyaat) in the Khalifa Port Industrial Zone, Abu Dhabi. Jacobs holds a 40 percent interest in Neste Jacobs Oy.
Established in 2008, ChemaWEyaat is a holding company structured to develop Madeenat ChemaWEyaat. The first of several planned chemicals complexes to be built, Madeenat ChemaWEyaat will be the world's largest grassroots, fully integrated complex, with planned production of olefins, aromatics, oxide, and ammonia derivatives. Neste Jacobs' extensive expertise in polyolefins and aromatics will support this mega development. The work will be executed from Neste Jacobs' offices in Porvoo, Finland. This first chemicals complex is scheduled to begin operations in 2014.
Neste Jacobs has over 40 years of experience in diverse process plant projects for oil refining, gas, and petrochemical clients in Europe, the Middle East, and North America. The company also markets licenses for Neste Oil's Clean Fuel Technology and Advanced Automation Technology. Neste Jacobs and ChemaWEyaat are committed to establish a long-term partnership. They will make full use of the resources needed to provide a state-of-the-art, safe, reliable, cost-effective, maintainable, and operable facility that is delivered on schedule and meets all of the current environmental regulations.
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