Ta'ziz studies a UAE-first MDI plant as it pushes beyond bulk chemicals

Ta’ziz moves further up the chemicals value chain: Adnoc’s and ADQ’s industrial chemicals venture is studying a methylene diphenyl diisocyanate (MDI) plant in Ruwais with Adnoc's XRG and Covestro, marking its first move beyond bulk products since launch, state news agency Wam reports.

The math: up to 600k tonnes per annum, feeding polyurethane foams and insulation for construction and auto makers — markets Ta’ziz hasn't touched before. A final investment decision is still pending technical and commercial review.

BACKGROUND- The MDI study follows Ta’ziz’s agreement with Alpha Dubai Holding to scope 14 more chemicals for the UAE — a basket that could add 2.2 mtpa in capacity and pull in up to USD 10 bn in investment if approved. Stack it with Al Ruwais, and Ta’ziz’s total output is on track to hit 4.7 mtpa by 2028.