Article

Adnoc and Taqa have entered into a 27-year agreement to provide essential utilities for the Ta'ziz Industrial Chemicals Zone in Ruwais, including electricity, steam, cooling, and water. The project aims to support the production of 4.7 million tonnes of chemical products annually by 2028, with Taqa holding a 60% stake and Adnoc 40%. Additionally, Ta'ziz has secured long-term supply agreements with India's Sanmar Group for key chemical inputs.