Samsung E&A has been awarded an engineering, procurement and construction ( EPC ) contract for the construction of one of the world’s largest methanol plants in Al Ruwais Industrial City, Al Dhafra region, Abu Dhabi. 

The US$1.7 billion ( 6.2 billion dirhams ) contract was awarded by Ta’ziz, a joint venture between Adnoc and ADQ. It has partnered with eight leading private entities in the United Arab Emirates to advance the country's role as a top global chemicals leader.

The 1.8 million tonnes per annum ( mtpa ) plant will be the country’s first methanol production facility. Upon completion in 2028, it will be powered by clean energy from the grid, making it one of the world’s most energy-efficient methanol plants.

In its initial phase, Ta'ziz will produce 4.7 mtpa of chemicals by 2028, including methanol, low-carbon ammonia, polyvinyl chloride ( PVC ), ethylene dichloride, vinyl chloride monomer, and caustic soda. Several of these chemicals will be produced for the first time in the UAE, reinforcing the company’s strategic goal to expand the local chemicals value chain and advance economic diversification through industrialization.

“This landmark EPC contract award is a significant step in realizing Ta’ziz‘s vision to drive the UAE’s industrial growth by creating a world-scale integrated chemicals ecosystem in Al Dhafra region," says Ta’ziz chief executive officer Mashal Saoud Al-Kindi. "The plant will enhance the UAE’s position as a leader in sustainable chemicals production and strengthen Ta’ziz’s role in enabling Adnoc’s global ambition to lead the chemicals sector.”

Hong Namkoong, president and CEO of Samsung E&A, adds: "Samsung E&A is honoured to receive this recognition, highlighting Ta’sis’s and our commitment to driving industrial innovation, diversifying the UAE's economy, and enabling sustainable growth. This milestone underscores the power of collaboration in creating world-class facilities that will position the UAE as a global hub for advanced methanol production.”