Close Menu
Business News MEA
    Facebook X (Twitter) Instagram
    Saturday, June 13
    Facebook X (Twitter) Instagram LinkedIn VKontakte
    Business News MEABusiness News MEA
    • Home
    • UAE
    • Business
    • Technology
    • Lifestyle
    • Sports
    Business News MEA
    You are at:Home»UAE»TA’ZIZ announces agreements valued at $28.5 billion at Make it in the Emirates
    UAE

    TA’ZIZ announces agreements valued at $28.5 billion at Make it in the Emirates

    Editorial TeamBy Editorial TeamMay 5, 2026
    Facebook Twitter Pinterest LinkedIn Tumblr Email
    Share
    Facebook Twitter LinkedIn Pinterest Email


    ABU DHABI, 5th May, 2026 (WAM) — TA’ZIZ today announced at the Make it in the Emirates forum the signing of long-term agreements spanning offtake, feedstock and sales across its chemicals portfolio, including methanol, polyvinyl chloride (PVC), ethylene dichloride (EDC), vinyl chloride monomer (VCM), caustic soda, salt and natural gas valued at $28.5 billion (AED104.6 billion).

    Ranging from five to 25 years, the agreements secure both global offtake and reliable local feedstocks, anchoring large-scale chemical production within the UAE and reinforcing TA’ZIZ’s role in building a fully integrated domestic chemicals ecosystem.

    The deals include sale agreements with ADNOC and Proman for methanol; Emirates Global Aluminium (EGA) for caustic soda; Mitsubishi Corporation for EDC, VCM and caustic soda; Mitsui & Co. for EDC and caustic soda; Sanmar Group for EDC and VCM; Tricon for PVC, EDC and caustic soda; and Vinmar for EDC and PVC.

    Mashal Saoud Al-Kindi, CEO of TA’ZIZ, said, “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 chemicals production, strengthening domestic value chains and creating enduring economic value, jobs and supply chain resilience for the UAE.”

    The agreement with EGA for around 200,000 dry metric tons per year of caustic soda marks a significant milestone in the UAE’s journey toward industrial self sufficiency.

    TA’ZIZ’s caustic soda supply positions the company as the first major supplier of domestically produced caustic soda for EGA’s Al Taweelah alumina refinery in Khalifa Economic Zones Abu Dhabi (KEZAD).

    ADNOC Gas secured a 25-year feedstock agreement to supply natural gas to the TA’ZIZ methanol project valued at over $5 billion (AED18.4 billion).

    TA’ZIZ also agreed a 20 year salt supply agreement with Abu Dhabi based Sama Salt to support production at its PVC complex.

    Together, these agreements leverage local resources to secure a reliable and sustainable supply of critical raw materials, further strengthening domestic value chains and advancing the UAE’s industrial self sufficiency.

    The TA’ZIZ Industrial Chemicals Zone is set to produce 4.7 million tonnes per annum (mtpa) of chemicals once construction is completed in 2028.

    Source: Emirates News Agency

    Previous ArticleSheikh Zayed Housing Programme issues 759 housing approvals in Q1 2026 worth AED616 Million
    Next Article IPL: Rishabh Pant not feeling the price tag pressure, says Justin Langer

    Related Posts

    UAE strengthens lead on day two of UAE National Jiu-Jitsu Championship

    June 13, 2026

    UAE National Jiu-Jitsu Championship boosts competition through international ranking points

    June 13, 2026

    World’s most expensive gold dress captivates visitors at WJMES

    June 13, 2026
    Don't Miss

    Palestinian football chief says was refused US, Canada World Cup visas

    UAE strengthens lead on day two of UAE National Jiu-Jitsu Championship

    Katy Perry, Tom Cruise: US brings glitz for World Cup 2026 opener

    UAE National Jiu-Jitsu Championship boosts competition through international ranking points

    2026. All rights reserved.
    • Home
    • UAE
    • Business
    • Technology
    • Lifestyle
    • Sports

    Type above and press Enter to search. Press Esc to cancel.