en.Wedoany.com Reported - TA'ZIZ announced the signing of multiple long-term agreements at the "Make it in the Emirates" Forum in the UAE, covering chemicals such as methanol, polyvinyl chloride, ethylene dichloride, vinyl chloride monomer, caustic soda, salt, and natural gas, with a total agreement value of $28.5 billion (AED 104.6 billion).

The agreement terms range from 5 to 25 years, securing global offtake and local feedstock supply, and driving the localization of chemical production. Partners include ADNOC, Proman, EGA, Mitsubishi Corporation, Mitsui & Co., Sanmar Group, Tricon, and Vinmar, among others.

Mashal Saoud Al-Kindi, CEO of TA'ZIZ, stated: "These long-term agreements represent a decisive milestone for TA'ZIZ and the UAE's industrial growth ambitions. By securing global demand and reliable local feedstock, we are turning vision into reality, anchoring world-class chemical production, strengthening domestic value chains, and creating lasting economic value, job opportunities, and supply chain resilience for the UAE."

The agreement with EGA involves approximately 200,000 dry metric tonnes of caustic soda per year, making TA'ZIZ the first domestic caustic soda supplier to its alumina refinery. ADNOC Gas signed a 25-year natural gas supply agreement valued at over $5 billion. TA'ZIZ also signed a 20-year salt supply agreement with Sama Salt. The TA'ZIZ Industrial Chemicals Zone is expected to be completed in 2028, with an annual chemical production capacity of 4.7 million tonnes.

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