“The expansion will take at least seven years to complete as it takes a long time for feasibility studies, engineering and construction of such a project,” Owaida Al Khaili, the chairman said yesterday. He was speaking during the inauguration of the company’s aluminium fluoride plant in Industrial City Abu Dhabi (Icad).
“We have been thinking about the expansion since day one. Our intention is to put Abu Dhabi on the map of leading chemicals producers.”
The expansion will focus on downstream products that are widely used in refrigeration and cooling applications and other industries.
Gulf Fluor’s Dh1.5 billion complex has capacity to produce 60,000 tonnes per year of aluminium fluoride, which is an important additive used in the production of aluminium.
It is the largest producer of aluminium fluoride by capacity in the region and the fifth-largest globally.
The company has a ready-made market for the product in the GCC, which practically imports all of its requirements estimated at 70,000 tonnes per year. This is expected to rise to 110,000 tonnes a year by 2020.