Ta’ziz and Sanmar Sign Major Petrochemical Export Deal
Abu Dhabi’s Ta’ziz has signed two long-term agreements with India’s Sanmar Group to supply over 350,000 tonnes annually of ethylene dichloride (EDC) and vinyl chloride monomer (VCM) for Sanmar’s PVC production in Egypt and India. This marks the first export of these key petrochemicals from the UAE, produced at the Ta’ziz Chemicals Industrial Zone in Al Ruwais. The deal strengthens UAE-India industrial ties and supports both nations’ economic diversification goals.
In a landmark industrial collaboration, Ta’ziz, a joint venture between ADNOC and ADQ, has entered into two long-term offtake agreements with India’s Sanmar Group, a global leader in PVC and specialty chemicals. Under the deals, Ta’ziz will export more than 350,000 tonnes per year of ethylene dichloride (EDC) and vinyl chloride monomer (VCM) to support Sanmar’s PVC manufacturing operations in Port Said, Egypt, and Cuddalore, India. These chemicals are vital feedstocks for PVC, a versatile material with widespread industrial and consumer uses. The agreement was announced at the ADIPEC energy conference in Abu Dhabi and represents the first time these products will be exported from the UAE, highlighting the country’s growing role in the global petrochemical market. The chemicals will be produced at the Ta’ziz Chemicals Industrial Zone in Al Ruwais Industrial City, which is expected to have a total annual production capacity of 4.7 million tonnes of chemicals, including a 1.9 million tonne PVC complex, by 2028. The partnership not only enhances the UAE’s industrial diversification under its Operation 300Bn initiative but also reinforces the strategic economic relationship between the UAE and India. The signing ceremony was attended by senior officials from both countries, including UAE Minister of Industry and Advanced Technology Dr. Sultan Al Jaber and Sanmar Chairman Ambassador Navdeep Suri. Both parties emphasized the deal’s importance for long-term value creation, operational excellence, and sustainable growth in the chemicals sector.
