Abu Dhabi chemical city to award contracts in Q2

Mohammed Al Azdi, chief executive of Abu Dhabi National Chemicals Co (Chemaweyaat), has said the engineering and design contracts for the $10bn first phase of the industrial chemicals city will be awarded in the second quarter of this year, Reuters has reported. 'The feasibility studies are over, the Feed (front end engineering and design) is next, before summer. We are working on it,' he was quoted as saying. The first phase involves building Tacaamol, a petrochemicals complex at the Taweelah industrial city on the outskirts of Abu Dhabi city.