Reliance Industries Gives Foreign Backing for ADNOC ADQ Chemical Joint Venture

Posted on 06/29/2021

India giant Reliance Industries Ltd. is investing US$ 2 billion in the UAE-based TA’ZIZ chemical joint venture between Abu Dhabi National Oil Company (ADNOC) and Abu Dhabi Developmental Holding Company PJSC (ADQ). Under the deal terms, Reliance Industries and TA’ZIZ will build plants with capacity to produce 940,000 mt/year of chlor-alkali, 1.1 million mt/year of […]

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