ADNOC Logistics & Services PLC and TA’ZIZ have entered into a 50-year agreement to establish the United Arab Emirates’ first dedicated chemicals port at the TA’ZIZ Industrial Chemicals Zone in Al Ruwais.
Under the agreement, ADNOC L&S will build, own, and operate the facility, while TA’ZIZ will use it to export chemicals and related products.
The project, valued at more than $300 million, is expected to be completed in the fourth quarter of 2026 and generate over $1.3 billion in revenue for ADNOC L&S during the first 27 years of operation.
According to TA’ZIZ, by the end of 2028, its industrial complex will produce 4.7 million tons of chemicals annually, including methanol, low-carbon ammonia, caustic soda, ethylene dichloride, vinyl chloride monomer, and polyvinyl chloride.
Captain Abdulkareem Al Masabi, CEO of ADNOC L&S, said the agreement provides the company with long-term and predictable revenue while supporting the expansion of the TA’ZIZ chemicals ecosystem. He added that the project highlights ADNOC L&S’s capacity to grow in high-potential sectors and contribute to the UAE’s industrial development.
Mashal Al-Kindi, CEO of TA’ZIZ, said the port’s strategic location near fast-growing markets in Asia and Africa would enable efficient large-scale exports, aligning with the UAE’s objective to build a global chemicals industry. He noted that partnering with ADNOC L&S ensures the facility will provide reliable logistics and steady income for TA’ZIZ.
TA’ZIZ’s industrial ecosystem includes centralized utilities, feedstock pipelines, a tank terminal, and shared infrastructure such as roads, emergency response, and health and safety systems.
ADNOC Logistics & Services PLC is a publicly listed subsidiary of Abu Dhabi National Oil Company (ADNOC), providing shipping, logistics, and marine services to support the UAE’s energy sector and global trade operations. The company operates one of the region’s largest fleets of vessels and manages logistics infrastructure across Abu Dhabi and international markets.
TA’ZIZ is a joint venture between ADNOC and ADQ (Abu Dhabi Developmental Holding Company), established to develop the TA’ZIZ Industrial Chemicals Zone in Al Ruwais. The company focuses on building an integrated chemicals and industrial ecosystem to expand the UAE’s manufacturing base and attract downstream investments.
