Abu Dhabi - Mubasher: The Abu Dhabi National Oil Company (ADNOC) and Cepsa announced on Tuesday agreeing to evaluate a new Linear Alkyl Benzene (LAB) complex in Ruwais.
The Emirati and Spanish oil companies signed a memorandum of understanding to initiate the basic engineering of the proposed LAB facility in 2018, which would be integrated with the Ruwais refinery complex.
LAB is the most common raw material in the manufacturing biodegradable household and industrial detergents, according to the company’s statement.
The LAB market is expected to grow at a compound annual growth rate (CAGR) of 5% between 2016 and 2030.
