- The agreement spans 27 years, covering utilities supply and plant construction.
- TA’ZIZ aims to produce 4.7 million tonnes of chemicals annually by 2028.
- Chemicals include methanol, low-carbon ammonia, PVC, EDC, VCM, and caustic soda.
- TAQA is expanding with projects like the 1 GW Al Dhafra Gas Turbine in the UAE.
Agreement Overview
ADNOC and TAQA have signed a 27-year Utilities Purchase Agreement to supply essential utilities to the TA’ZIZ Industrial Chemicals Zone in Ruwais Industrial City, Abu Dhabi. This agreement includes the construction of a central utilities platform, covering electricity grid connection, steam production, process cooling, and water and wastewater utilities.
Production Goals
TA’ZIZ aims to produce 4.7 million tonnes of chemicals annually by 2028. The chemicals to be produced include methanol, low-carbon ammonia, polyvinyl chloride (PVC), ethylene dichloride (EDC), vinyl chloride monomer (VCM), and caustic soda.
Strategic Impact
The agreement is a significant step in advancing the UAE's industrial base, supporting the diversification of Abu Dhabi’s economy, and contributing to GDP growth. It provides a stable foundation for efficient industrial activity within the TA’ZIZ Industrial Chemicals Zone.
TAQA's Expansion
TAQA's Generation business is expanding its regional portfolio with major projects, including the 1-gigawatt Al Dhafra Gas Turbine project in the UAE and new high-efficiency power plants in Saudi Arabia, developed with partners JERA and AlBawani.