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TA’ZIZ and Reliance Sign Shareholder Agreement for Ruwais Chemicals Project

4/26/2022

Press Release- Reliance Industries Limited TA’ZIZ and Reliance Sign Shareholder Agreement for Ruwais Chemicals Project Reliance Industries Limited, India’s largest diversified conglomerate, is partnering withADNOC and ADQ in the TA’ZIZ Industrial Chemical Zone at Ruwais Shareholder agreement for the $2 billion+ TA’ZIZ EDC & PVC joint venture signedas the project progresses towards detailed design phase ahead of expectedFinal Investment Decision later this year TA’ZIZ EDC & PVC will produce Chlor-Alkali, Ethylene Dichloride and Polyvinyl Chloride forthe first time in the UAE, unlocking new revenue streams and opportunitiesfor local manufacturers to “Make it in the Emirates” ADNOC

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