TA’ZIZ and Alpha Dhabi sign agreement for US$10 billion chemicals investment

Subject to final investment decisions and regulatory approvals, the partnership could produce up to 14 new chemicals, delivering ~2.2 million tpy of additional chemical capacity in the TA’ZIZ industrial chemicals ecosystem in Al Ruwais Industrial City. The proposed chemicals are widely used across construction, automotive, packaging, consumer goods, infrastructure, and advanced manufacturing, and are underpinned by strong domestic demand and long-term growth fundamentals.

Mashal Saoud Al-Kindi, CEO of TA’ZIZ, said: “This strategic collaboration with Alpha Dhabi offers significant potential to expand TA’ZIZ’s mission to drive industrial growth, enable import substitution, and create new economic opportunities in the UAE. We look forward to working with our partners to swiftly progress the joint study and unlock the industrial and economic potential from the new chemical products.”

The new chemicals, which include styrene and polystyrenes, acrylic acid and derivates, polyols, MDI, epoxy resins, and linear alpha-olefins, are anchored on domestic demand and could substitute key products currently imported into the UAE, while strengthening local supply chain resilience. The partnership supports the UAE’s national industrial priorities, including the Make it in the Emirates (MIITE) initiative and the country’s industrial strategy, by strengthening domestic manufacturing capability and advancing self-sufficiency in strategically important chemical products.

Engineer Hamad Al Ameri, Managing Director and Group Chief Executive Officer of Alpha Dhabi Holding, added: “Our partnership with TA’ZIZ reflects Alpha Dhabi’s commitment to investing in strategic, future-focused industrial platforms that support the UAE’s economic transformation. The proposed chemicals derivatives will strengthen domestic manufacturing, unlock export opportunities, and create sustainable long-term value.”

New chemical production would be tightly integrated within the TA’ZIZ and broader ADNOC ecosystems, capitalising on synergies across feedstock sourcing, utilities, infrastructure, and facilities integration, enhancing overall competitiveness and capital efficiency. The collaboration demonstrates how the UAE is built to keep building, using MIITE as the platform to translate industrial ambition into advanced chemical production that strengthens local manufacturing and global competitiveness.

The proposed new chemicals will build on TA’ZIZ’s world-scale production portfolio, set to reach a production capacity of 4.7 million tpy of marketable products in Phase 1 by end-2028, including low-carbon ammonia, methanol, and PVC.

Read the article online at: https://www.hydrocarbonengineering.com/petrochemicals/07052026/taziz-and-alpha-dhabi-sign-agreement-for-us10-billion-chemicals-investment/