TA’ZIZ and Proman agreed to develop first methanol facility in UAE

Abu Dhabi Chemicals Derivatives Company RSC Ltd (TA’ZIZ) and PROMAN AG (Proman), one of the world’s leading producers of methanol, have signed a shareholders’ agreement to develop the UAE’s first world-scale methanol production facility at the TA’ZIZ Industrial Chemicals Zone in Al Ruways Industrial City, Abu Dhabi. The facility has an anticipated annual capacity of

ADNOC, Proman to develop methanol facility

ADNOC, Abu Dhabi National Oil Company signed an agreement with Proman, world’s leading producers of methanol, to develop the UAE’s first world-scale methanol production facility at the TA’ZIZ Industrial Chemicals Zone in Ruwais. Under the terms of the agreement, Abu Dhabi Chemicals Derivatives Company RSC Ltd. (“TA’ZIZ”) and Proman will construct a natural gas to