Proman, along standing partners and through its affiliated company MHTL, already a world class player in the Methanol industry, has embarked on its AUM Project which comprises of a diversified petrochemical facility. This project represents Proman and its shareholders intent to move further downstream from primary petrochemical plants and seeks to exploit different market opportunities. 

This project continues the 20 year tradition of Proman's commitment to plant construction in Trinidad which began with the implementation of the first local methanol plant in 1990. That project was so successful that nine further plants for producing methanol and ammonia have since been built.

The new AUM complex consists of seven further plants for manufacturing ammonia, urea and ammonium nitrate (UAN) and melamine. With an investment volume of 1.7 billion US dollars this is the highest individual private investment which has so far been made in the history of Trinidad & Tobago`s petrochemical sector.

AUM represents the first major downstream petrochemical project in Trinidad and Tobago and the entire Caribbean region. IPSL is responsible for technical management during the plant construction and will maintain, operate and manage the facility upon its completion in 2010, on behalf of MHTL.

The AUM Complex is the newest and single largest project being undertaken by IPSL. The AUM complex is located on Caribbean Drive and covers an area of 14.62 hectares.

Having developed a level of mastery in the management and operation of a single plant production unit, the AUM complex will test IPSL's ability to handle a multi-plant complex.

Ammonia production commenced on April 14th 2009. This plant will have a daily capacity of 1850 metric tonnes and will provide the feedstock for the downstream Melamine and UAN Plants.

Proman and MHTL have demonstrated an unparalleled commitment to the local Trinidad and Tobago Economy by continually reinvesting earnings into new projects in the countries vibrant petrochemical sector, specifically in methanol, ammonia and now in the downstream products melamine and UAN 32 Solution.

Further processing will produce an extremely flexible and versatile material which can be used in many different ways for surface refinement. The industries which rely on melamine range, for example, from the wood and furniture industry through to the textile industry and the automotive industry. Currently the worldwide demand for melamine is around one million tons per year - with an annual growth rate of 6% per year, and it is increasing all the time. If growth remains stable, the demand will have doubled by 2020.

The AUM project will provide considerable benefits to the country's economy including the addition of approximately 2500 jobs during construction. Once completed the AUM project will employ approximately 400 permanent highly skilled employees and will require over 600 additional persons in support services, plant maintenance and overhaul programs. The complex was completed more than three months before the official completion deadline and within the specified budget.