Adnoc L&S, TA'ZIZ launch UAE's first dedicated chemicals port

ADNOC L&S and TA'ZIZ Establish First-of-its-Kind Dedicated Chemicals Port in Ruwais

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Adnoc Logistics & Services (Adnoc L&S) and TA'ZIZ announced a 50-year agreement to establish a dedicated chemicals port at the TA'ZIZ Industrial Chemicals Zone in Al Ruwais.

Adnoc L&S will build, own and operate the port, while TA'ZIZ will leverage the facility to efficiently export chemicals and their derivatives.

Valued at over $300 million, the port is scheduled for completion in Q4 2026 and is projected to generate more than $1.3 billion in revenue for ADNOC L&S over the first 27 years.

TA'ZIZ is developing the UAE's first integrated chemicals ecosystem and, by the end of 2028, will be producing 4.7 million tonnes per annum of chemicals, including methanol, low-carbon ammonia, caustic soda, ethylene dichloride (EDC), vinyl chloride monomer (VCM) and polyvinyl chloride (PVC).

Captain Abdulkareem Al Masabi, CEO of Adnoc L&S, said, “This strategic agreement for first-of-its-kind dedicated chemicals port will provide Adnoc L&S long-term, predictable revenue while supporting TA'ZIZ’s growing chemicals ecosystem.”

“The project demonstrates our ability to expand into high-growth sectors and deliver sustainable value for shareholders, while advancing the UAE's industrial growth.”