GPIC CO2 project to up methanol, urea output - CEO

31 December 2007 02:20  [Source: ICIS news]

DUBAI (ICIS news)--Bahrain-based Gulf Petrochemical Industries Co’s (GPIC) carbon dioxide (CO2) recovery project will raise methanol and urea output by 120 tonnes/day and 80 tonnes/day respectively, the company CEO said over the weekend.

The fertilizer and petrochemicals maker was also still awaiting the allocation of gas from the National Oil and Gas Authority (NOGA) for its Ammonia II and Urea II expansion projects, CEO Abdelrahmane Al-Jawahri said in a speech at an event marking the firm’s 28th anniversary.

Earlier this month, GPIC signed an agreement with Mitsubishi Heavy Industries (MHI) to license its technology to recover CO2 from flue gas emitted at its existing plant.

GPIC presently has the capacity to produce 1,200 tonnes/day of ammonia, 1,200 tonnes/day of methanol and 1,700 tonnes/day of urea at its site in Sitra.

The GPIC is a joint venture company between Saudi Basic Industries Corp (SABIC), Kuwait’s Equate Petrochemical and the state of Bahrain.

By: Abdelghani Henni
65 6780 4359

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