Trinidad and Tobago is desirous of developing an inorganic chemical industry to further diversify the downstream energy sector. As such, National Energy is seeking to attract and work with companies interested in developing an inorganic facility. Raw materials from Trinidad and Tobago or the Caribbean Community (CARICOM) region can be sourced for inorganic chemical projects.
For example, ammonia, methanol, limestone and natural gas are available in the country and region and can be utilized for setting up integrated plants within the complex. The economics of an integrated or standalone inorganic chemical plant is enhanced by competitive electricity rates, as electricity is one of the major operating costs. Please note that for all projects which are recommended for further development, consideration is given to various factors, such as market outlet/envisaged market share, technology compatibility, rate of returns and the impact on the environment.