Rockwool Group Secures Contract in Takreer Refinery

Source: 10/27/2014, Location: Middle East

A new order for Abu Dhabi’s TAKREER refinery project provides an excellent example on the huge business opportunities in the Middle East. The ROCKWOOL Group has since 2010 seen a steady growth in this region.

With 54% of the world’s total oil reserves lying in the Middle East, it is pertinent that a sustainable measure be employed in processing the raw resource to prevent both environmental damage and future energy supply crises. A new sense of urgency to adapt more sustainable business methods is starting to win ground in this region, which has otherwise built a successful and expanding economy almost solely on its oil and natural gas reserves. In the United Arab Emirates the ROCKWOOL Group is playing its role by supplying insulation to Abu Dhabi’s TAKREER refinery project.

The finished construction will increase production in Ruwais where already a host of refineries and processing plants constitute an industrial complex initially opened in 1982. The latest addition to be supplied by the ROCKWOOL Group will have a capacity of 30, 000 barrels of crude oil per day, and will produce 40, 000 tonnes of carbon black per year.

Commenting on the deal, Regional Sales Manager for ROCKWOOL Middle East, Biju Ravindran, said ‘The Middle East is beginning to realise and utilise the potential for energy efficient extraction and refinery processes. Abu Dhabi is at the core of this sustainable revolution, and our latest venture in Ruwais only serves to continue the current curve of reducing energy intensity and carbon emissions.’

Insulation of warm and hot industrial processes offers some of the most economical carbon emission savings, and according to the latest World Bank data, the UAE has a CO2 emissions per capita total of 19.9 metric tonnes, making it the eighth largest contributor to global carbon output in the world.

Having bolstered its position in the Middle Eastern market in 2010, the ROCKWOOL Group has since seen a period of steady growth, further sustained by this most recent project, through which its high quality technical insulation has been able to introduce an energy efficient alternative into a traditional industrial hub.

The Carbon Black and Delayer Coke (CBDC) plant is under construction in Abu Dhabi’s chemical refining complex, Ruwais, and is due for completion in December 2015.

For more information about related Opportunities and Key Players visit GCC Oil and Gas Projects

Related Categories: General  Insulation Materials  Marine Paints  Paints 

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