Adnoc and its partners at the Ta’ziz Industrial Chemicals Zone unveiled billions of dollars’ worth of deals during the Make it in the Emirates forum held in Abu Dhabi from 4-7 May. As the event’s title suggests, the discussions and announced agreements focused on expanding the UAE’s domestic industrial base. Already a priority before this year, the push to localize manufacturing and strengthen supply chains has gained urgency because of the severe disruption to regional logistics caused by the Middle East conflict (MEES, 1 May).
Top of the list were key agreements around the development, and possible expansion, of the under construction Ta’ziz chemicals park at Ruwais. Ta’ziz is a joint venture of state firms Adnoc and ADQ that will produce 4.7mn t/y of chemicals during a first phase by 2028. Anchor projects for the first phase include a 1mn t/y low-carbon ammonia plant, a 1.8mn t/y methanol facility, 1.9mn t/y polyvinyl chloride (PVC) plant, as well as facilities for ethylene dichloride (EDC), vinyl chloride monomer (VCM), and caustic soda facilities. (CONTINUED – 718 WORDS)
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