{"id":109242,"date":"2025-11-07T00:00:00","date_gmt":"2025-11-07T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/uae\/adipec-wraps-after-usd-46-bn-in-agreements-with-taziz-securing-offtakers-for-petrochems-products\/"},"modified":"2025-11-07T00:00:00","modified_gmt":"2025-11-07T00:00:00","slug":"adipec-wraps-after-usd-46-bn-in-agreements-with-taziz-securing-offtakers-for-petrochems-products","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/uae\/2025\/11\/07\/adipec-wraps-after-usd-46-bn-in-agreements-with-taziz-securing-offtakers-for-petrochems-products\/","title":{"rendered":"Adipec wraps after USD 46 bn in agreements, with T\u2019aziz securing offtakers for petrochems products"},"content":{"rendered":"<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong> Adipec wrapped yesterday with an offtake agreement for T\u2019aziz petrochemicals<\/strong>, after a bumper run that locked in some USD 46 bn in cross-sector agreements, according to state news agency <a target=\"_blank\" href=\"https:\/\/www.wam.ae\/en\/article\/bmkxlxq-adipec-2025-sets-bold-agenda-for-future-global\" style=\"\" rel=\"noopener\">Wam<\/a>. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong style=\"background-color: transparent;\">Ta\u2019ziz <\/strong><strong style=\"background-color: transparent;\">secures offtake for EDC and VCM: <\/strong><span style=\"background-color: transparent;\">Ta\u2019ziz signed two term sheets with India\u2019s Sanmar Group for long-term product sales covering more than 350k tonnes a year of ethylene dichloride (EDC) and vinyl chloride monomer (VCM), according to a <\/span><a target=\"_blank\" href=\"https:\/\/www.mediaoffice.abudhabi\/en\/energy\/taziz-signs-product-sale-agreement-term-sheets-with-the-sanmar-group-for-supply-of-key-petrochemical-feedstock\/\" rel=\"noopener\">statement<\/a><span style=\"background-color: transparent;\">. The products will be produced at the Ta\u2019ziz industrial ecosystem in Ruwais Industrial City and supplied under agreements running for up to 10 years, giving Sanmar secure offtake for core inputs used in polyvinyl chloride (PVC).<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>ICYMI-<\/strong> Ta\u2019ziz \u2014 a JV between ADQ and Adnoc \u2014 just <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/3a1de21c-9e9b-4b56-9a30-92fb280f1cb9\/\" style=\"\" rel=\"noopener\">awarded<\/a> a AED 7.3 bn (c.USD 2 bn) EPC contract to China National Chemical Engineering &amp; Construction Corporation Seven to build the UAE\u2019s first PVC plant in Ta\u2019ziz industrial ecosystem in Ruwais. The facility will produce 1.9 mn tonnes annually of PVC, ethylene dichloride (EDC), vinyl chloride monomer (VCM), and caustic soda. The facility is part of a wider chemicals complex and transition fuels site in Al Ruwais Industrial City, which is expected to contribute some AED 183 bn to the economy \u2014 targeting 4.7 mn tonnes annually of capacity across chemicals and transition-fuel products. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>ALSO FROM ADIPEC-<\/strong> <strong>Adnoc <\/strong><strong>to launch purchase order-backed SME financing: <\/strong>Adnoc signed a partnership with Comera Financial Holdings \u2014 part of Abu Dhabi\u2019s Royal Group \u2014 to enable UAE SMEs and suppliers to unlock working capital against Adnoc purchase orders, according to a <a target=\"_blank\" href=\"https:\/\/www.adnoc.ae\/en\/news-and-media\/press-releases\/2025\/adnoc-partners-with-comera-financial-holdings-to-empower-its-uae-suppliers-and-smes\" style=\"\" rel=\"noopener\">press release<\/a>. The program will give suppliers faster access to liquidity to accelerate delivery timelines.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>What\u2019s coming: <\/strong>Both parties will develop an automated platform that connects qualifying Adnoc vendors directly with lender support and funding. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>T\u2019aziz will supply more than 350k tonnes of EDC and VCM a year to India\u2019s Sanmar Group<\/p>\n","protected":false},"author":1,"featured_media":109243,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1604],"tags":[57,72,143],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-109242","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-energy","tag-adnoc","tag-adq","tag-energy","wpautop","entry"],"acf":{"mongo_id":"fb55851a-21ed-4396-9557-0d62e91e6e64","order":"6","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2025\/11\/456.jpg","photo_position":"above","homepage_title":"","full_issue_title":"Adipec wraps after USD 46 bn in agreements, with T\u2019aziz securing offtakers for petrochems products","related_issue":[109232],"teaser":"T\u2019aziz will supply more than 350k tonnes of EDC and VCM a year to India\u2019s Sanmar Group","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2025\/11\/.67f31821-dbde-4432-bcb5-529a342d80c7.mp3"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Adipec wraps after USD 46 bn in agreements, with T\u2019aziz securing offtakers for petrochems products - UAE<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/uae\/2025\/11\/07\/adipec-wraps-after-usd-46-bn-in-agreements-with-taziz-securing-offtakers-for-petrochems-products\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" 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