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Proman and TA’ZIZ secure financing for world-scale methanol plant

This article was originally posted on Chemical Engineering Online.

The TA’ZIZ Methanol Co., a joint venture between Abu Dhabi Chemicals Derivatives Co. RSC Ltd. (TA’ZIZ) and Proman (Wollerau, Switzerland), announced that it has achieved financial close on $2 billion in financing for the UAE’s first world‑scale methanol plant in Al Ruwais Industrial City. The transaction was significantly oversubscribed, underscoring strong global confidence in TA’ZIZ’s […]

The post Proman and TA’ZIZ secure financing for world-scale methanol plant appeared first on Chemical Engineering.

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MikeHarlan
Jun 23 at 8:00 AM
Do you have a target CO2 intensity per ton and is the design ATR/SynCOR with CCS readiness or a path to co-feed green H2 for e-methanol later? Also curious how you’re handling utilities in Ruwais (air cooling vs cooling water, desal makeup) and the expected water use per ton.
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