Energy, Oil & Gas

TA’ZIZ secures $2bn financing for UAE’s first world-scale methanol plant

Abu Dhabi-based TA’ZIZ has announced that its joint venture with Swiss-headquartered Proman, has achieved financial close on $2 billion financing for the UAE’s first world scale methanol plant in Al Ruwais Industrial City. The transaction was significantly oversubscribed, underscoring the strong global confidence in its strategy....

Energy, Oil & Gas

Ta’ziz, Alpha Dhabi sign $10bn chemicals deal in Al Ruwais Industrial City

Ta’ziz and Alpha Dhabi Holding announced at the Make it in the Emirates platform, a strategic collaboration agreement for ~$10 billion in capital investment in new industrial chemicals in the Ta’ziz industrial chemicals ecosystem in Al Ruwais Industrial City....

Energy, Oil & Gas

TA’ZIZ signs $28.5bn energy, chemicals supply deals

TA’ZIZ signed $28.5 billion in long-term offtake, feedstock and sales agreements at Make it in the Emirates, covering methanol, PVC, EDC, VCM and other chemicals. Adnoc Gas will supply natural gas under a 25-year deal worth over $5 billion....

Energy, Oil & Gas

Adnoc, Taqa announce 27-year utilities agreement with Ta’ziz

Adnoc and Abu Dhabi National Energy Company (Taqa), announced the signing of a 27-year utilities purchase agreement to supply critical utilities to the Ta’ziz Industrial Chemicals Zone in Ruwais Industrial City, Abu Dhabi....

Energy, Oil & Gas

TA’ZIZ signs export deal with India's Sanmar

TA’ZIZ announced the signing of two product sale agreement term sheets with The Sanmar Group, a leading global producer of polyvinyl chloride (PVC) and specialty chemicals, for the supply of key petrochemical feedstocks....

Energy, Oil & Gas

TA’ZIZ awards $1.99bn EPC contract to build large PVC complex

TA’ZIZ has announced the award of a $1.99 billion Engineering, Procurement and Construction (EPC) contract to China National Chemical Engineering & Construction Corporation Seven (CC7), to build the UAE’s first, and among the top three largest integrated single-site polyvinyl chloride (PVC) production complexes in the world. ...

Energy, Oil & Gas

Adnoc L&S, TA’ZIZ to establish dedicated chemicals port in Ruwais

Adnoc Logistics & Services (Adnoc L&S) and TA’ZIZ announced a 50-year agreement to establish a dedicated chemicals port at the TA’ZIZ Industrial Chemicals Zone in Al Ruwais. Adnoc L&S will build, own and operate the port, while TA’ZIZ will leverage the facility to efficiently export chemicals and their derivatives....