TA’ZIZ and Alpha Dhabi announce $10 billion chemicals investment agreement in Abu Dhabi

Engineer Hamad Al Ameri
Engineer Hamad Al Ameri
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TA’ZIZ and Alpha Dhabi Holding announced on May 6 a strategic collaboration agreement for approximately $10 billion (AED36.7 billion) in capital investment for new industrial chemicals production in the TA’ZIZ industrial chemicals ecosystem at Al Ruwais Industrial City, Al Dhafra region of Abu Dhabi.

The collaboration is part of the UAE’s industrial strategy and supports the Make it in the Emirates initiative. The agreement aims to increase domestic chemical production, reduce reliance on imports, and strengthen local supply chain resilience.

The partnership is currently undergoing a joint feasibility and market study. If finalized and approved by regulators, it could result in up to 14 new chemicals being produced with an additional capacity of about 2.2 million tonnes per annum within the TA’ZIZ ecosystem. These chemicals are used across several sectors including construction, automotive, packaging, consumer goods, infrastructure, and advanced manufacturing.

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.”

Engineer Hamad Al Ameri, Managing Director and Group Chief Executive Officer of Alpha Dhabi Holding said: “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.”

The proposed production includes styrene and polystyrenes, acrylic acid derivatives, polyols, MDI (methylene diphenyl diisocyanate), epoxy resins, linear alpha-olefins among others—chemicals that are currently largely imported into the UAE but are supported by strong domestic demand.

According to information released at Make it in the Emirates platform—attended by government officials including His Excellency Dr. Sultan Ahmed Al Jaber—the new chemical production would be integrated within both TA’ZIZ’s operations as well as ADNOC’s broader ecosystem for greater efficiency.

TA’ZIZ plans also include reaching a total production capacity of 4.7 million tonnes per annum of marketable products such as low-carbon ammonia, methanol and PVC by end-2028 during Phase 1 development.



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