AquaChemie opens $50-million Petrochemical Terminal in Jebel Ali Port
Targets $300 million revenue from the new terminal
- New facility to boost the petrochemical trade in the Middle East and globally
- State-of-the-art Chemical Terminal covers an area of 20,000 square metres
- Project’s tank-farm has a total storage volume of over 34,000 cubic metres
- New terminal leverages Jebel Ali Port’s unique role as a global trade facilitator
- The global petrochemical market is expected to reach $5.4 trillion by 2027, growing at a CAGR of 4.1% during the forecast period
Dubai, UAE, February 2, 2023: AquaChemie Middle East – a leading regional player for process industry chemicals in the GCC region and part of the UAE-based AquaChemie Group – has formally inaugurated its world-class Petrochemical Terminal in DP World’s Jebel Ali Port in Dubai. The advanced $50 million (AED 184 million) terminal will be one of the most functional and versatile bulk liquid terminals in the GCC region serving as a vital gateway to facilitate and boost the growing petrochemical trade between manufacturers and end-users across the Middle East and globally.
UAE News 24/7 