Updates on industrial projects and partnerships of TA’ZIZ, the joint venture of ADNOC and ADQ expanding Abu Dhabi’s chemicals sector and a leading entity of economic diversification in the UAE.
TA’ZIZ and Reliance Sign Shareholder Agreement for Ruwais Chemicals Project
Reliance Industries Limited, India’s largest diversified conglomerate, is partnering with ADNOC and ADQ in the TA’ZIZ Industrial Chemical Zone at Ruwais Shareholder agreement for the $2 billion+ TA’ZIZ EDC & PVC joint venture signed as the project progresses towards detailed design phase ahead of expected Final Investment Decision later this year
ADNOC and ADQ Launch TA'ZIZ Joint Venture to Drive Growth in UAE Chemicals Sector
Potential anchor chemicals projects selected as part ofUSD 5 billion phase one investment Development of Ruwais Derivatives Park to commence in early 2021 with initial chemicals production expected in 2025 TA'ZIZ investments to lay groundwork for Abu Dhabi's next generation of technology-driven industrial growth