ADNOC L&S And TA’ZIZ Establish UAE’s First Dedicated Chemicals Port In Ruwais For Enhanced Industrial Growth

ADNOC Logistics & Services PLC and TA’ZIZ have entered into a 50-year agreement to create a specialised chemicals port at the TA’ZIZ Industrial Chemicals Zone in Al Ruwais. ADNOC L&S will be responsible for constructing, owning, and operating the port. Meanwhile, TA’ZIZ will utilise this facility to efficiently export chemicals and their derivatives.

The port project is valued at over $300 million and is expected to be completed by the fourth quarter of 2026. Over the first 27 years, it is anticipated to generate more than $1.3 billion in revenue for ADNOC L&S. This initiative aligns with TA’ZIZ's goal of developing the UAE’s first integrated chemicals ecosystem.

TA’ZIZ aims to produce 4.7 million tons of chemicals annually by the end of 2028. These include methanol, low-carbon ammonia, caustic soda, ethylene dichloride (EDC), vinyl chloride monomer (VCM), and polyvinyl chloride (PVC). The location near fast-growing markets in Asia and Africa enhances export efficiency.

Mashal Al-Kindi, CEO of TA’ZIZ, stated that the strategic location supports the UAE’s ambition to establish a world-scale chemicals industry. "Partnering with ADNOC L&S on this important project will ensure the port is built, operated and scaled to enable reliable logistics services and revenue for TA’ZIZ," he said.

TA’ZIZ plays a crucial role in ADNOC’s strategy to enhance the UAE’s chemical value chain and promote economic diversification through industrial development. This initiative is expected to contribute significantly to the UAE economy by creating thousands of jobs and unlocking numerous new end-products across key sectors like construction, agriculture, and healthcare.

The TA’ZIZ ecosystem includes centralised utilities, a tank terminal, feedstock pipelines, and shared infrastructure such as roads, emergency response systems, health and safety measures, and crisis management facilities. These elements will help chemical producers achieve operational efficiencies.

Long-term Revenue Generation

Captain Abdulkareem Al Masabi, CEO of ADNOC L&S, highlighted that this strategic agreement provides long-term predictable revenue for ADNOC L&S 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," he said.

This dedicated chemicals port represents a significant step in strengthening the UAE's position in global chemical markets. It underscores the commitment of both companies to drive industrial growth while ensuring sustainable economic benefits for the region.

With inputs from WAM