Abu Dhabi National Oil Company is planning to double its petrochemical production to over 11 million tonnes per annum by 2025, to open up the full potential of assets.
Adnoc is making momentous investments in new projects to further amplify its refining capability and swell its petrochemicals business over the next five years.
The new projects will focus on gasoline and aromatics production and additional polyolefin capacity, as the company targets growing domestic and international demand for refined and petrochemical products in Asia.
As per market analyst, this will accumulate the needs of the budding and mounting market for refined and petrochemical products, drive efficiencies and amplify productivity.
