TA'ZIZ secures $28.5 billion in long-term supply and offtake agreements for UAE chemicals ecosystem expansion
Type: Supply Agreement · Technology: Industrial · Country: United Arab Emirates · Value: $28.5B · Announced: 2026-05-05
TA'ZIZ announced long-term agreements spanning 5 to 25 years, valued at $28.5 billion, securing global offtake and local feedstock for critical industrial chemicals including methanol, polyvinyl chloride (PVC), ethylene dichloride (EDC), vinyl chloride monomer (VCM), caustic soda, salt, and natural gas. The agreements anchor large-scale chemical production within the UAE, with the TA'ZIZ Industrial Chemicals Zone expected to produce 4.7 million tonnes per annum of chemicals upon completion in 2028. ADNOC Gas committed to a 25-year natural gas supply agreement worth over $5 billion for the TA'ZIZ methanol project, while EGA secured a 20-year supply of 200,000 dry metric tons per year of caustic soda for its Al Taweelah alumina refinery in Khalifa Economic Zones Abu Dhabi (KEZAD). The partnerships with UAE and international companies, including Mitsubishi Corporation, Mitsui & Co., Sanmar Group, Tricon, and Vinmar, reinforce the UAE's industrial self-sufficiency and strengthen domestic value chains. A 20-year salt supply agreement with Sama Salt further supports production at the PVC complex, leveraging local resources for sustainable raw material supply.
Counterparties
- TA'ZIZ (Developer)
- Vinmar (Supplier)
- Proman (Supplier)
- Mitsubishi Corporation (Supplier)
- Mitsui & Co. (Supplier)
- Sanmar Group (Supplier)
- ADNOC (Supplier)
- Sama Salt (Supplier)
- EGA (Offtaker)
- Tricon (Supplier)