TA’ZIZ Signs Long-Term Chemical Supply Agreements Worth up to $1.79 Billion with Vinmar International
TA’ZIZ to export over 300,000 tonnes per year of UAE-made EDC and PVC to Vinmar International
Agreements for up to seven years advance TA’ZIZ’s strategy to ensure reliable long-term export flows
TA’ZIZ today announced the signing of two agreements with Vinmar International, a global plastics and chemical marketing and distribution leader. The partnership reinforces the United Arab Emirates’ position as a competitive and reliable supplier of essential industrial chemicals.
The agreements were formalized at CERAWeek in Houston, Texas, one of the world’s foremost energy sector gatherings, by Mashal Saoud Al-Kindi, CEO of TA’ZIZ, and Vishal Goradia, the President and CEO of Vinmar Group.
Valued at up to $1.79 billion over seven years, the agreements cover the supply of more than 300 kilotonnes per annum (KTA) of polyvinyl chloride (PVC) and ethylene dichloride (EDC). These long-term agreements underscore TA’ZIZ’s role in supporting consistent chemical exports from the UAE’s expanding industrial ecosystem.
Production will take place at the TA’ZIZ Industrial Chemicals Zone in Al Ruwais Industrial City, Abu Dhabi, upon the facility’s start-up in 2028.
Vinmar is a major player in the petrochemical marketing and distribution business. Headquartered in Houston, Texas, the company has over 58 offices across 35 countries.
Mashal Saoud Al-Kindi, CEO of TA’ZIZ, said: “Our collaboration with Vinmar International strengthens TA’ZIZ’s international presence, reinforces global supply chain resilience and accelerates the UAE’s industrial development. We are proud to support the UAE’s vision for a globally competitive, future-ready chemicals industry”.
Vishal Goradia, President and CEO of Vinmar Group, said: “Partnering with TA’ZIZ reflects our long-term commitment to continue building reliable supply chains to support industrial growth globally. Not only do these commitments strengthen ties between the United Arab Emirates and the United States, but they offer our clients, particularly those in the Middle East, Asia, and Africa, access to reliable, high-quality products.” PVC is a versatile thermoplastic used extensively across construction, electrical, medical, packaging, and consumer sectors, with EDC serving as essential raw materials in its production. Beyond PVC production, EDC is also used as an intermediate in various organic chemical processes.
About TA’ZIZ
TA’ZIZ is a critical enabler of the UAE’s industrial development and economic diversification ambitions. Founded in 2020 as a joint venture between ADNOC and ADQ, TA’ZIZ is a manufacturing, industrial services, logistics, and utilities ecosystem that drives, supports, and enables the production of transition fuels and new products across the chemicals value chain.
Once completed in 2028, the TA’ZIZ Industrial Chemicals Zone will be set to produce 4.7 million tonnes per annum (mtpa) of chemicals. This includes a 1 mtpa ammonia plant, a 1.8 mtpa methanol plant and 1.9 mtpa of marketable products from its integrated polyvinyl chloride (PVC) complex. The PVC complex, which produces PVC, ethylene dichloride (EDC), vinyl chloride monomer (VCM), and caustic soda, will be one of the world’s top three largest single site PVC complexes.
The first phase of the TA’ZIZ ecosystem is expected to contribute $50 billion (AED183 billion) to the UAE economy, creating 20,000 construction jobs and 6,000 operational roles while enabling local manufacturers to produce hundreds of new end-products for the first time, supporting national industrial growth and ADNOC’s ambition to become a top-three global chemicals player.
About Vinmar
Headquartered in Houston, Texas, Vinmar is a global leader in petrochemical distribution and marketing, serving customers worldwide with high-quality products and solutions. Since its founding in 1978, Vinmar has grown to more than 1,500 employees across 58 offices, with an established presence in over 110 countries—bringing value to the world’s leading producers and users of plastics and chemicals through the supply of best-in-class products and tailored business solutions.