Adnoc L&S, Ta’ziz ink 50-year agreement for UAE’s first chemical export port: Adnoc Logistics & Services (Adnoc L&S) and Ta’ziz — a JV between Adnoc and ADQ — signed a 50-year agreement for the chemicals export port at the Ta’ziz Industrial Chemicals Zone in the UAE’s Al Ruwais, according to an ADX disclosure (pdf) released on Thursday. The port, currently being developed by NMDC Group under a USD 300 mn engineering, procurement, and construction (EPC) contract awarded in 2024, is slated for completion in 4Q 2026 and set to be the UAE’s first chemical export port.

The details: Adnoc L&S will build, own, and operate the port. The project is expected to bring in revenues upwards of USD 1.3 bn for Adnoc L&S over 27 years and is aiming to improve export routes to markets in Africa and Asia.

About the site: The port will include three berths: Two liquid berths for ammonia, methanol, ethylene dichloride (EDC), vinyl chloride monomer (VCM), and caustic soda, and one dry berth. This comes as Ta’ziz’s total chemicals production is set to rise to 4.7 mn tons per year by 2028 from its 17 sq km Al Ruwais facility.

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