Al RuwaisUnited Arab EmiratesAbu Dhabi
A major industrial hub in Abu Dhabi, UAE, hosting integrated chemical production, refining, and petrochemical facilities. Includes TA'ZIZ (ADNOC-ADQ joint venture) and Borouge (ADNOC-OMV joint venture) projects, producing chemicals like XLPE, polyethylene, polypropylene, chlorine-alkali, and vinyls.
chemXplore tracks 4 projects at Al Ruwais Industrial City, of which 4 are active.
4 new construction.
1 of the active projects carry no start-up date yet.
Owners and developers: Abu Dhabi National Oil Company Group (3), Alpha Dhabi Holding (1), Borouge Group International (1), Covestro (1), OMV Aktiengesellschaft (1), TA'ZIZ (1)
Investors: Abu Dhabi National Oil Company Group (1), Mitsui & Co., Ltd. (1), OMV Aktiengesellschaft (1), Shell (1), TotalEnergies SE (1), XRG P.J.S.C. (1)
Contractors, licensors, and offtakers are recorded on all 4 of them For subscribers
Targeting: Ammonia (2), Methylene Diphenyl Diisocyanate (2), Acrylic acid (1), Chlorine (1), Cross-Linked Polyethylene (1), Ethane (1)
Oversubscribed financing via 11-bank syndicate with conventional and Islamic facilities, priced to benchmarks. EPC awarded; construction under way for 2028, boosting domestic chemicals value chain.
Ruwais PVC complex will produce 1.9 mtpa PVC, VCM, EDC and caustic soda, due Q4 2028. Part of 4.7 mtpa Phase 1 hub, projected to add $50bn to UAE GDP and 26,000 lifetime jobs.
