• TA’ZIZ awarded a $1.7 billion EPC contract to SAMSUNG E&A for a world-scale methanol plant in Abu Dhabi.
• The facility will produce 1.8 mtpa of methanol, making it one of the world’s most energy-efficient methanol plants.
• The plant supports the UAE’s industrial growth and economic diversification, strengthening its position in sustainable chemicals production.

TA’ZIZ has awarded a $1.7 billion engineering, procurement, and construction (EPC) contract to SAMSUNG E&A to build the UAE’s first methanol production plant in Al Ruwais Industrial City, Al Dhafra region, Abu Dhabi. The 1.8 million tons per annum (mtpa) plant will be powered by clean energy from the grid and is expected to be completed by 2028.

Driving Industrial Growth

“This landmark EPC contract award is a significant step in realizing TA’ZIZ’s vision to drive the UAE’s industrial growth by creating a world-scale integrated chemicals ecosystem in Al Dhafra region,” said Mashal Saoud Al-Kindi, CEO of TA’ZIZ. “The plant will enhance the UAE’s position as a leader in sustainable chemicals production and strengthen TA’ZIZ’s role in enabling ADNOC’s global ambition to lead the chemicals sector.”

Related Article: Hyfive to Invest €250 Million in Gijon for Green Hydrogen and Methanol Plant

A Global Hub for Advanced Methanol Production Hong Namkoong, President and CEO of SAMSUNG E&A, emphasized the importance of collaboration: “SAMSUNG E&A is honored to receive this recognition, highlighting TA’ZIZ’s and our commitment to driving industrial innovation, diversifying the UAE’s economy, and enabling sustainable growth. This milestone underscores the power of collaboration in creating world-scale facilities that will position the UAE as a global hub for advanced methanol production.”

Expanding UAE’s Chemical Value Chain In its initial phase, TA’ZIZ will produce 4.7 mtpa of chemicals by 2028, including methanol, low-carbon ammonia, polyvinyl chloride (PVC), ethylene dichloride, vinyl chloride monomer, and caustic soda. Several of these chemicals will be produced for the first time in the UAE, reinforcing TA’ZIZ’s strategic goal to expand the local chemicals value chain and advance economic diversification through industrialization.

Follow ESG News on LinkedIn