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Oscar Middle East Starts AED 150M Liquid Bulk Terminal Project in Jafza

Photo : Dubai Government Media Office

Jebel Ali Free Zone (Jafza): Oscar Middle East commenced construction today on its cutting-edge liquid bulk terminal in Jafza, with an investment of AED 150 million. This quayside facility, boasting a total capacity of 45,400 m³, is designed to provide specialized storage and bulk-breaking services for chemicals and base oils.

The project will be executed in two phases, with Phase 1 scheduled to be fully operational within 16 months. Phase 2 will expand the facility's storage capacity, enhancing its service offerings further.

The groundbreaking ceremony was attended by prominent figures, including Abdulla Bin Damithan, CEO & Managing Director of DP World GCC, Abdulla Al Hashmi, Chief Operating Officer of Parks & Zones at DP World GCC, Dr. Talal El Sayed, Chairman of Oscar Middle East, and senior representatives from both companies.

This terminal is set to significantly bolster the infrastructure needed to meet the region's growing demand for chemical storage, establishing itself as a pivotal hub to facilitate the petrochemical trade between the Middle East and global markets. In 2023, Dubai's chemical trade was valued at AED 72.3 billion, with Jafza alone contributing AED 39.7 billion.

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Abdulla Bin Damithan emphasized the importance of the new facility, stating, "The petrochemical industry is a cornerstone of the UAE's economy, significantly contributing to our GDP and export revenues. The new facility will drive regional growth by meeting the increasing demand for local and international petrochemical products. As an integrated hub, Jebel Ali Port and Jafza provide exceptional connectivity and state-of-the-art facilities specifically designed for the chemical sector. Oscar Middle East will benefit from this synergy, guaranteeing efficient trade operations and comprehensive solutions for the region's chemical trade and logistics needs."

Mott MacDonald, a globally recognized engineering, management, and development consultancy, has been appointed to oversee the project's concept design, basic engineering, detailed engineering, and Project Management Contract (PMC).

Dr. Talal El Sayed, Chairman of Oscar Middle East, expressed his enthusiasm for the project, stating, "We are strengthening our regional presence with this new facility, which will boost the regional economy through job creation, business support, and enhanced trade opportunities. Jebel Ali Free Zone was a strategic choice due to its exceptional access to key markets, rigorous safety standards, and excellent amenities, especially for niche chemicals. The investment marks a significant milestone in solidifying our presence in the region, allowing us to meet the growing demand of our Middle East customers more efficiently."

The facility's design incorporates extensive sustainability measures, including advanced spill control, drainage systems, and approved waste disposal protocols to minimize environmental impact. Additionally, the facility features a temperature-controlled warehouse and fire-rated coatings on steel structures to enhance safety.

Jafza is a major hub for petrochemical companies, hosting over 840 petrochemical firms from more than 82 countries and employing around 7,700 people. The state-of-the-art liquid terminal at Jebel Ali port offers quay-side chemical storage facilities totaling over 235,000 m³ for various grades of chemicals, solidifying Jafza's role as a key player in global petrochemical production.

July 10, 2024 10:40 a.m. 509

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