Close Menu
UAE NEWS TODAY
    What's New

    Dubai bus travel times to be cut by up to 59% as dedicated lanes expand on key roads

    June 21, 2026

    TRENDS showcases 450 peer-reviewed publications at Beijing International Book Fair 2026

    June 21, 2026

    Gurudwara in Dubai announces return to pre-conflict timings

    June 21, 2026
    Facebook X (Twitter) Instagram
    Facebook X (Twitter) Instagram
    UAE NEWS TODAYUAE NEWS TODAY
    • Home
    • UAE
    • Business
    • Technology
    • Lifestyle
    • Sports
    UAE NEWS TODAY
    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 LinkedIn Telegram Pinterest Tumblr Reddit WhatsApp 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 ArticleUAE family firms drive 80% of private sector jobs, 60% of GDP, top executives say
    Next Article Sheikh Zayed Housing Programme issues 759 housing approvals in Q1 2026 worth AED616 Million

    Related Posts

    Dubai bus travel times to be cut by up to 59% as dedicated lanes expand on key roads

    June 21, 2026

    TRENDS showcases 450 peer-reviewed publications at Beijing International Book Fair 2026

    June 21, 2026

    Gurudwara in Dubai announces return to pre-conflict timings

    June 21, 2026
    Top Posts

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

    June 13, 2026

    UAE Team Emirates-XRG targets victory at Copenhagen Sprint with Sprinter Leading Squad

    June 12, 2026

    Saeed Al Hajeri reaffirms UAE’s commitment to strengthening partnership with New Zealand

    June 12, 2026

    ECSSR Director-General meets Vice Minister of International Department of CPC Central Committee

    June 13, 2026
    Don't Miss

    Dubai bus travel times to be cut by up to 59% as dedicated lanes expand on key roads

    UAE June 21, 2026

    Bus journey times in Dubai are expected to be reduced by up to 59 per…

    TRENDS showcases 450 peer-reviewed publications at Beijing International Book Fair 2026

    June 21, 2026

    Gurudwara in Dubai announces return to pre-conflict timings

    June 21, 2026

    International Yoga Day 2026: 1,600 residents join session at Dubai Police Officers’ Club

    June 21, 2026
    2026. All rights reserved.
    • UAE
    • Business
    • Technology
    • Lifestyle
    • Sports
    • Get In Touch

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