UAE - Mubasher: TA’ZIZ signed long-term agreements, ranging from five to 25 years, at a combined value of $28.50 billion (AED 104.60 billion) at the ‘Make it in the Emirates’ event, according to a press release.
The deals secure global offtake and local feedstock for critical industrial chemicals across TA’ZIZ’s portfolio, including methanol, polyvinyl chloride (PVC), ethylene dichloride (EDC), vinyl chloride monomer (VCM), caustic soda, salt, and natural gas.
CEO Mashal Saoud Al Kindi commented: “These long‑term agreements represent a defining milestone for TA’ZIZ and for the UAE’s industrial growth ambitions. By securing both global demand and reliable local feedstock, we are translating vision into delivery, anchoring world‑scale chemical production, strengthening domestic value chains, and creating enduring economic value, jobs and supply‑chain resilience for the UAE.”
ADNOC Gas secured a 25-year feedstock agreement to supply natural gas to the TA'ZIZ methanol project at a value exceeding $5 billion (AED 18.40 billion).
Moreover, Alpha Dhabi Holding entered into a collaboration agreement for $10 billion (AED 36.70 billion) in capital investment to boost the TA’ZIZ industrial chemicals ecosystem in Al Ruwais Industrial City.
During the event, Sultan Al Jaber, ADNOC’s Managing Director and Group CEO, unveiled AED 180 billion in new industrial procurement opportunities to accelerate the UAE’s economic growth.
