Adnoc, ADQ launch next phase of growth for Ta’ziz project

  • Date: 03-Nov-2022
  • Source: Zawya
  • Sector:Oil & Gas
  • Country:UAE
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Adnoc, ADQ launch next phase of growth for Ta’ziz project

Abu Dhabi National Oil Company (Adnoc) and ADQ, the majority shareholders in Ta’ziz, on Thursday launched the next phase of growth at the Ta’ziz Industrial Chemicals Zone in Al Ruways Industrial City.

In a statement, the Abu Dhabi-based group said the move will more than double the number of chemicals produced at the industrial hub.

The centrepiece of the expansion will be a new world-scale, low-carbon footprint steam cracker to supply feedstocks for the various downstream production units, bringing multiple new product value chains to the UAE for the first time. The project is in the feasibility study phase, with the design phase set to commence in first quarter of 2023.

The first phase of Ta’ziz growth continues to progress, with a new strategic agreement signed at the Abu Dhabi International Petroleum Exhibition and Conference (Adipec) to advance the development of world-scale facilities for the production of ethylene dichloride (EDC) and chlor-alkali, polyvinyl chloride (PVC). Site preparation at Ta’ziz is underway and final investment decisions on the first phase of projects are expected before year end.

In line with the UAE Net Zero by 2050 Strategic Initiative, Ta’ziz will leverage low carbon electricity sources such as cogeneration from the on-site utility facility, grid power