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The Abu Dhabi Chemicals Derivatives Company RSC Ltd (Ta’Ziz) has signed investment agreements with eight UAE-based investors, marking the first domestic Public Private Partnership (PPP) in Abu Dhabi’s downstream and petrochemicals sector.
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,
The Abu Dhabi Chemicals Derivatives Company (TA’ZIZ) signed investment agreements with eight United Arab Emirates (UAE)-based investors,
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.
Eight local companies are to back the TA'ZIZ chemicals plan, in the first public-private partnership in Abu Dhabi's downstream.