TA'ZIZ secures $28.5 billion in long-term supply and offtake agreements for UAE chemicals ecosystem expansion

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.

Counterparts (10)

supplier

ADNOC

company · 3 deals

ADNOC is a diversified energy group wholly owned by the Abu Dhabi Government. They are focused on making today’s energy cleaner while investing in the clean energies of tomorrow, including renewable energy, clean hydrogen and Carbon Capture and Storage (CCS).

S

Sama Salt

company · 1 deals

T

Tricon

company · 1 deals

P

Proman

company · 1 deals

Mitsubishi Corporation

company · 2 deals

Tokyo-based global trading and investment conglomerate with $15B in energy/infrastructure assets under management. Operates across 90+ countries with core strengths in energy transition, power generation, and urban infrastructure development.

M

Mitsui & Co.

company · 2 deals

S

Sanmar Group

company · 1 deals

V

Vinmar

company · 1 deals

Developer

T

TA'ZIZ

company · 1 deals

Offtaker

EGA

company · 1 deals

Emirates Global Aluminium (EGA) is the largest industrial company in the United Arab Emirates outside oil and gas, and the world's largest 'premium aluminium' producer. It operates aluminium smelters, an alumina refinery, and a bauxite mine, with a strategic focus on decarbonization, sustainable aluminium production, and significant investments in self-generated power and renewable energy sourcing.