# TA'ZIZ and Reliance sign shareholder agreement for Ruwais chemicals project

TA'ZIZ and Reliance Industries have signed a shareholder agreement for the TA'ZIZ EDC & PVC project, a world-scale chemicals facility in Ruwais, UAE, with a total investment of over $2 billion.

- Type: Partnership
- Announced: 2022-04-26
- Where: Ruwais, United Arab Emirates
- Value: $2.00B
- Status: announced
- Products: chlor-alkali, ethylene dichloride, polyvinyl chloride
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md), [Plastics and Polymers](https://endata.com/sectors/plastics-polymers.md)

## Companies

- [Reliance Industries](https://endata.com/companies/1562.md) (partner)
- [Abu Dhabi National Oil Company](https://endata.com/companies/5511.md) (partner)
- [ADQ](https://endata.com/companies/50153.md) (partner)
- [Abu Dhabi Chemicals Derivatives Company](https://endata.com/companies/62528.md) (partner)

## Sources

- [english.webdunia.com](https://english.webdunia.com/article/other-news/taziz-and-reliance-sign-shareholder-agreement-for-ruwais-chemicals-project-122042600030_1.html), 2022-04-26: "The TA’ZIZ EDC & PVC joint venture will construct and operate a Chlor-Alkali, Ethylene Dichloride (EDC) and Polyvinyl Chloride (PVC) production facility, with a total investment of over $2 billion."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.