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UAE investors allocate $800m to partner with ADNOC in developing Chemicals Projects

RIYADH: The Abu Dhabi Chemicals Derivatives Company, TA’ZIZ, has signed an agreement worth around 3 billion dirham ($800 million) to facilitate projects in the chemical industry with eight UAE-based investors. The investors will take a stake of up to 20 percent in a portfolio of chemicals projects worth 15 billion dirhams alongside the Abu Dhabi National Oil Company, ADNOC,
Abuz Aby United Arab Emirates Ar Riya Saudi Arabia Abu Dhabi Al Jaber

UAE: Leading UAE Investors Partner with ADNOC and ADQ to Develop World-Scale Chemicals Projects in Ruwais

The Abu Dhabi Chemicals Derivatives Company RSC Ltd (TA’ZIZ) has signed investment agreements with eight United Arab Emirates (UAE)-based investors, marking the first domestic Public Private Partnership (PPP) in Abu Dhabi’s downstream and petrochemicals sector.
Abuz Aby United Arab Emirates Abu Dhabi Sultan Ahmed Al Jaber Mohamed Hassan Alsuwaidi Sultan Al Jaber

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