Italian firm Saipem wins FEED service for Plastics-to-Liquid plant in Dubai

Italian firm Saipem wins FEED service for Plastics-to-Liquid plant in Dubai

Dubal Holding, the investment arm of the Dubai Government, Quantafuel, a technology-based recycling company, and global chemical company BASF, have signed an agreement to carry out a front-end engineering design (FEED) for developing a Plastics-to-Liquid (PtL) processing plant in Dubai.

The project is currently entering the FEED stage with BASF as the partner for the new phase following a six-month feasibility study where the primary design criteria have been defined and the location and feedstock secured. According to a report, a potential final investment decision (FID) is expected for early 2023.

The partners have agreed to cooperate and share the cost for the development of the plant-based on the learnings from and optimization of Quantafuel’s first full-scale commercial plant in Skive, Denmark. Italian engineering and construction major Saipem has been chosen as the FEED service provider. The FEED for the development of the 80,000 tons per year plant will be done in 2022, with the potential final investment decision scheduled for early 2023.

Ahmad Hamad Bin Fahad

CEO – Dubal Holding “This agreement is an important step towards cooperation that will foster the advancement of sustainable technology and help attain a circular economy in the UAE. The basis of this agreement is to pursue