TA’ZIZ, a joint venture between ADNOC and ADQ, has announced the launch of a joint feasibility study with Covestro and XRG to assess the development of a world-scale methylene diphenyl diisocyanate (MDI) plant at the TA’ZIZ Industrial Chemicals Zone in Ruwais Industrial City, Abu Dhabi.
The UAE-based TA’ZIZ, a joint venture between ADNOC and ADQ, has signed long-term agreements spanning offtake, feedstock and sales across its chemicals portfolio valued at $28.5 billion (AED104.6 billion).
ADQ, an Abu Dhabi-based active sovereign investor focused on critical infrastructure and global supply chains, has announced the successful closing of its debut five-year syndicated term financing deal in the Greater China region worth $5 billion.
Synergy Consulting has announced that it had a major advisory role in supporting Abu Dhabi National Energy Company (Taqa) on the successful execution of a 27-year utilities purchase agreement signed with Adnoc for the Ta’ziz Industrial Chemicals Zone in Ruwais Industrial City, Abu Dhabi.
Lunate, a partner-led and independent global investment firm with $115 billion in assets under management, has appointed Mohamed Hassan Alsuwaidi, Founding Managing Director & Group Chief Executive Officer of ADQ, as Executive Chairman and Managing Partner, following his successful tenure at ADQ.
Abu Dhabi's Supreme Council for Financial and Economic Affairs (SCFEA) has issued a resolution to consolidate the assets and investments of L’IMAD Holding Company, and the Abu Dhabi Developmental Holding Group (ADQ) under the umbrella of L’IMAD.
