Samsung E&A wins $1.7 billion contract to build a major methanol plant in Abu Dhabi by 2028.
Samsung E&A has secured a $1.7 billion contract to build a methanol plant in Abu Dhabi, UAE, with a production capacity of 1.8 million tons annually. The project, part of the Ta'ziz chemicals ecosystem, is set for completion in 2028 and aims to be one of the world's most energy-efficient methanol plants, powered by clean energy. The contract supports the UAE's economic diversification by developing new chemical production capabilities.
2 months ago
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