09.01.2014 • News • Dede Willams • aromatics • Indorama Ventures

Indorama and ChemaWEyaat Team up on PET Precursors

Indorama of Thailand, world's largest PET producer, and Abu Dhabi Chemicals Company (ChemaWEyaat) have agreed to form a 49:51 joint venture to produce aromatics at Al Gharbia in western Abu Dhabi.

No timeline has been revealed for the project first announced three years ago. One of a number of PET-related plants expected to come on stream within the next few months or years, the facility - Indorama's first in the Gulf region - will be designed with a capacity for around 1.4 million t/y of the PET feedstock paraxylene, along with 500,000 t/y of benzene.

More than four years ago, Abu Dhabi-based International Petroleum Investment (IPIC), said it was seeking joint venture partners for ChemaWEyaat. This is the first project to be announced.

Interview

Stability in Motion
Strategic Response to a Shifting Pharma Landscape

Stability in Motion

Stefan Oelrich, Member of the Board of Management and President Pharmaceuticals, Bayer, discusses navigating external volatility, reshaping its internal structures, and investing in future-ready capabilities to ensure sustainable growth.

Virtual Event

Digitalization in the Chemical Industry
CHEManager Spotlight

Digitalization in the Chemical Industry

Save the Date: October 22, 2025
The event will be promoted to a combined audience of over 100,000 professionals across Europe through the CHEManager and CITplus networks.

Top-Feature

most read

Photo
28.07.2025 • News • Chemistry

VCI Welcomes US-EU Customs Deal

The German Chemical Industry Association (VCI) welcomes the fact that Ursula von der Leyen, President of the European Commission, and US President Donald Trump have averted the danger of a trade war for the time being.