Business

Ta’ziz Awards Construction Contract to Tecnimont

The Abu Dhabi based chemicals hub Ta’ziz on Tuesday said that it has awarded a construction contract for its 1 million tons per annum (mtpa) low-carbon ammonia production facility.

The Abu Dhabi National Oil Company (ADNOC) joint venture Fertiglobe, a partner of Ta’ziz, Mitsui & Co., Ltd., and GS Energy Corporation, awarded the contract to Tecnimont. Construction will begin in the third quarter of 2024, with operations scheduled to launch in 2027.

Ta’ziz, which is being constructed at the Al Ruwais Industrial City, is set to reinforce Abu Dhabi’s position as a leader in low-carbon fuels and capitalise on the growing demand for low-carbon ammonia as a carrier fuel for clean hydrogen, Ta’ziz said.

A preliminary assessment estimates that Phase 1 of the plant will produce 50% lower-carbon intensity ammonia compared to conventional ammonia. In the second stage, the plant will further reduce its carbon intensity via capturing and sequestrating carbon dioxide emissions.

Ta’ziz CEO Mashal Saoud Al-Kindi said that this ammonia production facility, which is set to produce enough low-carbon ammonia to power hundreds of thousands of homes annually, is core to the mission of Ta’ziz to boost local industry supply chains, enhance ICV (in-country value) and catalyse manufacturing capabilities in the UAE – all with a focus on sustainability.

The first phase of Ta’ziz prioritises production of six chemicals – ammonia, methanol, ethylene dichloride, polyvinyl chloride, vinyl chloride monomer and caustic. It also laid the foundation for manufacturing hundreds of new end-products in the UAE for the first time.

This phase is projected to create billions of investment in the country’s GDP and generate thousands of jobs in the next 20 years.

Ta’ziz will host chemicals production at world-scale including production of methanol, ammonia, caustic soda, etc. The Light Industrial Area will support downstream production by offering local manufacturers and industrial service providers access to over 226,000 square meters of purpose-built warehousing, centralised utilities and shared infrastructure, the company said in a statement.

Three Main Zones

Ta’ziz comprises of three main zones such as the Ta’ziz Industrial Chemicals Zone, the Ta’ziz Light Industrial Zone that will accommodate downstream conversion industries to convert the outputs of the Chemical Zone into consumable products and the Ta’ziz Industrial Services Zone which will house an ecosystem of companies providing all the necessary services required by the Ta’ziz industrial zones and the wider Al Dhannah complex.

One of the world’s leading diversified energy and petrochemicals groups, ADNOC and, ADQ, an Abu Dhabi-based investment and holding company have created an investment platform to fund and oversee the development of chemicals projects within the Ta’ziz Industrial Chemicals Zone. Ta’ziz is enabling the manufacture of globally in-demand industrial chemicals at a world-scale with opportunities for additional investors and partners to participate.

Global Business Magazine

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