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.
The agreements were signed during Adipec in the presence of Dr Sultan Al Jaber,
UAE Minister of Industry and Advanced Technology and Adnoc Managing Director
and Group CEO, and Ambassador Navdeep Suri, the former Indian Ambassador to the
UAE and Egypt, Chairman, TCI Sanmar Chemicals, and board member of The Sanmar
Group.
Under the terms of the long-term agreements, which are up to 10 years, TA’ZIZ
will supply Sanmar with over 350,000 tonnes per annum of ethylene dichloride
(EDC) and vinyl chloride monomer (VCM).
The products will be produced at the TA’ZIZ
Chemicals Industrial Zone in Al Ruwais Industrial City, Al Dhafra region, Abu
Dhabi and represent the first time either chemical has been exported from the
UAE.
Mashal Al-Kindi, CEO of TA’ZIZ, said: "These agreements underscore
TA’ZIZ’s commitment to become a reliable supplier of high-quality petrochemical
products to global markets. We are pleased to partner with The Sanmar Group to
support their growth ambitions in Egypt and India as we enable industrial
development and economic diversification in the UAE. These agreements build on
the existing robust economic ties between the UAE and India offering further
long-term collaboration opportunities and value addition between the two
partners."
VCM and EDC are critical raw materials in the production of PVC, a versatile
thermoplastic used in a wide range of industrial and consumer applications.
These chemicals will support The Sanmar
Group’s PVC production in Port Said, Egypt and Cuddalore, India. Through this
initiative, TA’ZIZ is boosting the production of UAE-made chemicals and
enhancing the competitiveness of the country’s chemicals sector, both
domestically and in global markets.
Vijay Sankar, Chairman of The Sanmar Group, said: "We are pleased to
initiate our strategic relationship with TA’ZIZ. These long-term agreements
reflect our shared commitment to operational excellence, sustainability, and
long-term value creation."
The TA’ZIZ Industrial Chemicals Zone is set to produce 4.7 million tonnes per
annum (mtpa) of chemicals once construction is completed in 2028.
The EDC and VCM will be manufactured at the
TA’ZIZ PVC production complex, the zone’s largest facility, which has a
marketable production capacity of 1.9 mtpa across caustic soda, EDC, PVC and
VCM.
Additionally, the zone will include a 1 mtpa ammonia plant and a 1.8 mtpa
methanol plant. By enabling domestic downstream growth and serving key
international markets, TA’ZIZ is reinforcing its role as a trusted global
energy partner and a catalyst for the UAE’s industrial development in line with
the Ministry of Industry and Advanced Technology’s Operation 300Bn.
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