TA'ZIZ and Alpha Dhabi Sign a Strategic Collaboration Agreement for $10 Billion Chemical Investment in the UAE

TA'ZIZ and Alpha Dhabi Holding signed a collaboration agreement to invest approximately $10 billion (AED36.7 billion) in new industrial chemicals in Al Ruwais Industrial City, Al Dhafra region of Abu Dhabi. The strategic collaboration is being carried out through a collaborative feasibility and market analysis, in accordance with the UAE's industrial policy and the Make it in the Emirates program.

The agreement was signed at the Make it in the Emirates platform in the presence of His Excellency Dr. Sultan Ahmed Al Jaber, UAE Minister of Industry and Advanced Technology and ADNOC Managing Director and Group CEO, H.E. Mohamed Ghannam Alrumaithi, Alpha Dhabi Holding's Chairman of the Board of Directors, and Syed Basar Shueb, CEO and Managing Director of International Holding Company. The agreement was signed by Mashal Saoud Al-Kindi, CEO of TA'ZIZ, and Engineer Hamad Al Ameri, Managing Director and Group CEO of Alpha Dhabi Holding.

The partnership in Al Ruwais Industrial City, Al Dhafra region of Abu Dhabi has the potential to produce up to 14 new chemicals, adding ~2.2 million tonnes per annum (mtpa) to the TA'ZIZ industrial chemicals ecosystem. The proposed chemicals are widely utilised in construction, automotive, packaging, consumer products, infrastructure, and advanced manufacturing, and they are supported by robust domestic demand and long-term growth prospects.

Al-Kindi stated, "This strategic collaboration with Alpha Dhabi has 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 collaborating with our partners to accelerate the joint investigation and realise the industrial and economic potential of the new chemical compounds."

The new chemicals, which include styrene and polystyrenes, acrylic acid and derivatives, polyols, MDI, epoxy resins, and linear alpha-olefins, are based on domestic demand and could replace essential items now imported into the UAE, while also enhancing local supply chain resilience. The cooperation contributes to the UAE's national industrial priorities, such as the Make it in the Emirates (MIITE) project and the country's industrial strategy, by increasing local manufacturing capability and boosting self-sufficiency in strategically vital chemical products.

Engineer Hamad Al Ameri, Managing Director and Group Chief Executive Officer of Alpha Dhabi Holding, stated, "Our collaboration with TA'ZIZ demonstrates Alpha Dhabi's commitment to investing in strategic, future-focused industrial platforms that support the UAE's economic transformation." The proposed chemical derivatives will boost domestic production, expand export options, and generate long-term value."

New chemical production would be tightly integrated into the TA'ZIZ and larger ADNOC ecosystems, using synergies in feedstock sourcing, utilities, infrastructure, and facility integration to boost overall competitiveness and capital efficiency. The relationship highlights how the UAE is designed to keep expanding, with MIITE serving as the framework for translating industrial vision into advanced chemical production that boosts local manufacturing and worldwide competitiveness.

TA'ZIZ aims to produce 4.7 mtpa of marketable goods in Phase 1 by end-2028, including low-carbon ammonia, methanol, and PVC. The proposed new chemicals will complement their global production portfolio.

The 'Make it in the Emirates' platform will take place at the ADNEC Centre in Abu Dhabi from May 4 to 7. It is the UAE's major industrial event, intended to boost the country's manufacturing objectives. The event is being hosted by the UAE Ministry of Industry and Advanced Technology (MoIAT), in partnership with the Ministry of Culture, the Abu Dhabi Investment Office, ADNOC Group, and L'IMAD Holding, and organised by ADNEC Group.

Source: Alpha Dhabi Holding