TA’ZIZ has announced the signing of two-product sale agreement term sheets with India’s Sanmar Group, a global manufacturer of specialty chemicals.
As part of the deal, TA’ZIZ – based in Al Ruwais Industrial City in the UAE – will supply Sanmar with more than 350,000 tonnes per year of ethylene dichloride (EDC) and vinyl chloride monomer (VCM) for up to 10 years, which will be made at and exported from the TA’ZIZ Chemicals Industrial Zone. According to AlchemPro, the deal marks the first time such chemicals have been exported from the UAE.
The deal itself was signed during the Abu Dhabi International Petroleum Exhibition & Conference (ADIPEC), with the UAE’s minister of industry and advanced technology and ADNOC managing director and group CEO Sultan Ahmed Al Jaber present for the signing alongside India’s former ambassador to the UAE and Egypt and chairman of Sanmar Chemicals Navdeep Suri.
Regarding the deal, the CEO of TA’ZIZ noted that: “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.”
He added that the agreements underscored TA’ZIZ’s commitment to become a “reliable supplier of high-quality petrochemical products to global markets.”
Sanmar is expected to use the chemicals to produce PVC in Port Said in Egypt and Cuddalore, India.
Vijay Sankar, chairman of Sanmar Group noted that the company’s deal with TA’ZIZ reflected the companies’ “shared commitment to operational excellence, sustainability, and long-term value creation.”
Although not yet fully completed, deals signed with TA’ZIZ Industrial Chemicals Zone signify the project's expected impact. Once construction ends in 2028, the facility is slated to produce around 4.7mn tonnes per year of chemicals, with the zone’s largest facility – TA’ZIZ PVC production complex – containing a production capacity of 1.9mn tonnes per year of EDC, PVC and VCM.
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