Total and ADNOC to build 100 million Euro melamine plant
12 Aug 2003
Total Group and the Abu Dhabi National Oil Company (ADNOC) have recently signed a memorandum of understanding for the development and construction of a melamine plant in Abu Dhabi.
The 100 million Euro plant will be built by Ruwais Fertilizer Industries (Fertil), which is jointly owned by Total (33.33%) and ADNOC (66.66%).
The melamine plant is planned to enter into production by the end of 2006 with an annual capacity of 50,000 tons. Fertil will supply urea, the main feedstock.
This project is said to consolidate Total's presence in the United Arab Emirates and provides Atofina, the Group's chemical branch, a regular and long term supply of melamine - used primarily to manufacture resins for the wood based panel and flooring industries - in the Middle East.
