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TA’ZIZ, Reliance launch strategic joint venture for $2 billion chemicals projects in Ruwais

ABU DHABI, 7th December, 2021 (WAM) — Abu Dhabi Chemicals Derivatives Company RSC Ltd (TA’ZIZ) and Reliance Industries Limited (RIL), have agreed to launch TA’ZIZ EDC & PVC, a world-scale chemical production partnership at the TA’ZIZ Industrial Chemicals Zone in Ruwais.

The new joint-venture will construct and operate a Chlor-Alkali, Ethylene Dichloride (EDC) and Polyvinyl Chloride (PVC) production facility, with an investment of more than US$2 billion. Representing the first production of these chemicals in the UAE, the project will enable the substitution of imports and the creation of new local value chains, while also meeting growing demand for these chemicals globally. The TA’ZIZ Industrial Chemicals Zone is a joint venture between Abu Dhabi National Oil Company (ADNOC) and ADQ.

The project builds on ADNOC and Reliance’s long-standing strategic partnership and is Reliance’s first investment in the MENA region. The signing of the joint venture terms, which are subject to regulatory approvals, was witnessed by Dr. Sultan bin Ahmed Al Jaber, Minister of Industry and Advanced Technology and Managing Director and Group CEO of ADNOC, and Reliance Industries Chairman and Managing Director, Mukesh D. Ambani. The joint venture terms were signed by Khaleefa Al Mheiri, Acting CEO of TA’ZIZ, and Kamal Nanavaty, President of Strategy and Business Development at Reliance Industries Limited.

Dr. Al Jaber, said, "This strategic partnership with Reliance Industries builds on the strong and deep-rooted bilateral ties between the UAE and India and highlights the attractive and compelling value proposition offered by TA’ZIZ as we grow a globally competitive industrial ecosystem. We are delighted to partner with Reliance Industries in this new joint venture which will manufacture critical industrial raw materials for the first time in the UAE, supporting our national strategy to empower the industrial sector to become the driving force of a truly dynamic economy over the next 50 years.

"This joint venture marks a major milestone in ADNOC’s downstream expansion and the development of the TA’ZIZ Industrial Chemicals Zone. It will help strengthen domestic supply chains, drive In-Country Value and accelerate the UAE’s economic diversification, in line with the leadership’s wise directives."

Ambani said, "This joint venture between Reliance Industries Limited and TA’ZIZ will further cement the long-standing and valued relationship between India and the UAE. We are happy that we will be setting up the first projects in the vinyl chain in the UAE at TA’ZIZ Industrial Chemicals Zone, which is being developed into a global hub for chemicals.

"India’s need for PVC to propel its growth, and the value from the abundantly available feedstock in UAE, provides a win-win partnership for both companies. Close cooperation in the region based on shared objectives is key as we optimise resources and work together to enrich the lives of our citizens."

The chemicals have a wide range of industrial applications, enabling local supply chains and meeting growing demand in key export markets. Chlor-Alkali enables the production of caustic soda, crucial to the alumina refining process. EDC is used in the production of PVC, which is used to manufacture a wide range of industrial and consumer products including pipes, windows fittings, cables, films and flooring. The production of Chlor-Alkali, EDC, and PVC will create opportunities for export to target markets in Southeast Asia and Africa, as well as providing local industry with a source of critical raw materials manufactured in the UAE for the first time, strengthening In-Country Value.

Chemicals is a priority sector for the UAE’s industrial growth strategy, championed by the Ministry of Industry and Advanced Technology, which has the goal to raise the UAE’s industrial sector’s contribution of national GDP to AED300 billion by 2031. Chemicals are an attractive sector given projected demand growth globally and the opportunity local production creates to enable new supply chains.

Today’s agreement builds on significant interest in TA’ZIZ received from local and international investors in recent months. TA’ZIZ comprises three zones, the first of which is an Industrial Chemicals Zone that will host chemicals production, with seven world-scale projects already in the design phase. The second is a Light Industrial Zone, which will be home to downstream conversion industries that will convert the outputs of the Chemical Zone into consumable products and, finally, an Industrial Services Zone that will house a variety of companies providing the necessary services required by the TA’ZIZ industrial zones and the wider Ruwais Industrial Complex.

The TA’ZIZ Industrial Chemical Zone projects are currently in the design phase with project start up targeted in 2025.

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Emirates

RAK Ruler receives Ramadan well-wishers

RAS AL KHAIMAH, 23rd March, 2023 (WAM) — H.H. Sheikh Saud bin Saqr Al Qasimi, Supreme Council Member and Ruler of Ras Al Khaimah, today received Ramadan well-wishers, in the presence of H.H. Sheikh Mohammed bin Saud bin Saqr Al Qasimi, Crown Prince of Ras Al Khaimah.

He received the greetings of Sheikhs, senior officials and heads of local government departments in the country, as well as dignitaries and Emiratis, who congratulated the Ras Al Khaimah Ruler on the occasion of the holy month and wished him good health and further progress for the UAE, as well as development for the Muslim and Arab nations.

A number of senior officials from the Emirate of Ras Al Khaimah attended the receptions.

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Emirates

Brand Dubai launches fourth edition of Ramadan Recipes Guide

DUBAI, 23rd March, 2023 (WAM) — Brand Dubai, the creative arm of the Government of Dubai Media Office (GDMO), has partnered with Dubai-based chefs and restaurants and cafés from its “Proudly from Dubai” (PFD) network to launch the fourth edition of the Ramadan Recipes Guide, featuring 30 original recipes for 30 days.

As part of the collaborative initiative, Brand Dubai has collected and curated simple-to-prepare Ramadan recipes inspired by the menus of 10 outlets and 10 chefs to inspire culinary creativity among the community this Ramadan.

The initiative seeks to support members of the PFD network by raising their visibility and offering them a platform to connect with their audience in innovative ways.

Fatma Almulla, City Branding Executive at Brand Dubai, said, “We are extremely excited to launch another edition of the Ramadan Recipes Guide, which has now expanded in scope to feature recipes not only from restaurants and cafés from the PFD network but also from successful Dubai-based chefs who are extremely popular among Dubai’s food-loving community.

"Launched as an annual initiative, the Ramadan Recipes Guide seeks to showcase the creativity and culinary talent of our members while providing them with additional exposure among the public. Apart from highlighting the city's passion for culinary excellence, this initiative supports various entrepreneurs to contribute to the diverse and dynamic food scene in Dubai.”

The newly-launched guide, which provides delicious and traditional recipes for Iftar and Suhoor, celebrates Dubai's culinary diversity and unique cultural blend as well as its emergence as a gastronomic hub, she said.

Almulla added that many of the recipes featured in the guide this year are unique in their concept, with some blending traditional cuisines with modern twists and international flavours.

The recipes provide a detailed step-by-step guide for preparing scrumptious sweet and savoury dishes for the family, including starter plates, soups, salads, main courses, desserts, snacks and Suhoor meals. This year, the guide will also feature wholesome, nutritious recipes that are vegan and gluten-free.

The recipes appeal to a wide range of palates and are inspired by an eclectic diversity of cuisines including Mediterranean, Emirati, American, Italian, Mexican and Scandinavian.

Many of the recipes featured in the guide have been developed by celebrity chefs who have started their journey from Dubai and launched their own restaurants. The chefs, representing various nationalities, also have a huge social media following, with some even earning a Michelin star for their high-quality dishes.

“Proudly from Dubai” is an initiative of Brand Dubai that aims to tell local and global audiences the success stories of exciting and innovative homegrown businesses and talent.

It also seeks to tell the story of innovation and creativity shaping Dubai’s emerging business and entrepreneurial culture.

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Emirates

Mariam Almheiri highlights UAE’s ambition to scale collective action, innovative solutions to address global water challenge

NEW YORK, 23rd March, 2023 (WAM) — Mariam bint Mohammed Almheiri, Minister of Climate Change and the Environment, underlined the UAE’s ambition to scale collective action and develop innovative solutions to address the global challenge of water scarcity.

Presenting to the United Nation Security Council Arria-Formula Meeting at the UN 2023 Water Conference, Almheiri said, “The stress on our water systems is contributing in ever-more concrete ways to food shortages, farmer-herder tensions and migration, ultimately undermining stability in the most fragile areas. With impacts of climate change manifesting most concretely through water – via droughts, flooding, tsunamis – these trends are only likely to worsen. The UAE will continue to work with its partners to ensure that the Council focuses on practical ways to warranty that climate risks inform its decision-making.”

The UAE is an elected member of the Security Council and Almheiri is leading the UAE delegation at the UN 2023 Water Conference.

The conference aims to raise the importance of water on the global agenda and accelerate action to achieve the UN Sustainable Development Goal of clean water and sanitation for all by 2030.

Co-hosted by the Governments of Tajikistan and the Netherlands, the conference opened on World Water Day, March 22.

The three-days-conference will feature several high-level official sessions, plenaries, special events and interactive dialogues organised by UN Member States, multilateral entities, and other stakeholders.

The UAE is developing more energy-efficient desalination plants; sharing knowledge to improve water harvesting; catalysing investment in water conservation technologies; raising awareness to change behaviours and consumption patterns; regulating to reduce the water footprint of homes and businesses; and forging international partnerships.

Almheiri will take part in the interactive dialogue, “Water for Climate, Resilience, and Environment: Source to Sea, Biodiversity, Climate, Resilience, and DRR”, co-chaired by Japan and Egypt.

The session will explore opportunities to strengthen convergence between intergovernmental processes and address the barriers to providing data and information for improved water management, climate resilience, early warning systems, and risk-informed decision-making.

Almheiri will participate in side events such as “From UN Water Conference to COP28: Accelerating Water and Climate Action” hosted by the Permanent Mission of the UAE to the UN, Netherlands, Tajikistan and UN Water. She will also take part in a session hosted by Egypt on"‘From COP27 to the UN 2023 Water Conf: Action on Water Adaptation and Resilience (AWARE)", where she will share the UAE’s experiences in addressing the challenge of water scarcity and climate change.

Almheiri will engage with global leaders, policymakers, and experts to identify innovative solutions to water challenges and advance progress toward sustainable water management, resilient ecosystems, and equitable access to water.

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