Advario makes deal for Abu Dhabi terminal
Published by Oliver Kleinschmidt,
Assistant Editor
Tanks and Terminals,
Advario has announced its proposed partnership with ADNOC to support the development of a terminal project and enable liquid storage and infrastructure for TA’ZIZ, the chemicals and industrial hub in Al Ruwais Industrial City, Abu Dhabi.
Advario and ADNOC’s proposed partnership will cover the development and operation of a terminal boasting 520 000 m3 of dedicated storage capacity. This facility will include infrastructure for storing and loading chemicals for transport. Concurrently, Advario will work with TA’ZIZ to build and operate pipelines providing feedstock to TA’ZIZ’s chemical plants. Advario will be entering into this cooperation together with its longstanding Middle East partner Star Energy Group.
Bas Verkooijen, CEO at Advario, commented: “Advario is proud to be partnering with ADNOC to support the development of key infrastructure within the TA’ZIZ ecosystem. Together with our partner Star Energy Group, we are committed to leveraging our vast experience and expertise for the successful development and operation of the terminal, integral to the TA’ZIZ world-class chemicals hub. This collaboration will perfectly align with our commitment to being partners for progress, advancing sustainable and innovative infrastructure solutions across the energy and chemical sectors.”
Mashal Saoud Al-Kindi, CEO of TA’ZIZ, said: “TA’ZIZ’s unique strength as a chemical ecosystem lies in the partnerships we maintain with world-class industrial players like Advario. Through our intended collaboration with Advario, we will enhance our ability to offer a seamless and integrated ecosystem that supports chemical businesses in manufacturing new value chains, previously unexplored in the UAE.”
Read the article online at: https://www.tanksterminals.com/terminals/05062024/advario-makes-deal-for-abu-dhabi-terminal/
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