Estate
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WORLD-CLASS INDUSTRIAL ESTATE PREPARES FOR EXPANSION
Over more than 45 years the industrial estate at Point Lisas has matured into one of the region’s largest gas-based downstream industrial zones. Now more or less completely occupied, the estate is home to 103 tenants as well as sub-leased companies. Spread over 860 hectares, it provides employment for more than 12,000 people and contributes approximately $35 billion to Trinidad and Tobago’s economy.
GATEWAY The industrial estate includes a steel mill operated by ArcelorMittal Point Lisas, 11 ammonia producing facilities (with one more planned), a urea plant, seven methanol plants (with a further two on the way), a natural gas processing facility and a chlorine producing facility. The estate also contains many smaller manufacturing and service businesses.
The estate also hosts a reverse osmosis water desalination plant, the largest in the western hemisphere, which produces up to 24 million gallons per day of quality water. The desalination plant has capacity to spare and has helped to alleviate periods of severe water shortage.
reserves that led to the creation and growth of the Point Lisas Industrial Estate.
As landlord, PLIPDECO provides the basic infrastructure, such as roads and drainage, and works with individual service companies to provide utilities, pipelines and other amenities.
Methanol Holdings (Trinidad) Ltd is the world’s second-largest producer of methanol, with an annual capacity of about 4 million tonnes. It also operates the largest methanol plant in the world – M5000 with an annual production capacity of nearly 2 million tonnes. The Point Lisas Estate is also the world’s largest exporter of ammonia.
The corporation is also responsible for ensuring that tenants understand and abide by the terms of their leases and adhere to health, safety and environmental rules as well as all statutory and regulatory terms and conditions.
WORLD-CLASS It was the government’s decision to monetise the country’s vast natural gas
Many companies on the estate use natural gas as a feedstock for the manufacture of various products including ammonia, methanol, nitrogen and urea.
Synergy between various plants is commonplace, with one company manufacturing the raw materials required by another. In addition, the nature of the industry means that waste products from some plants can be used as feedstock in others. This is one of several ways in which the environmental