What is the total value and scope of Tathez Chemical's newly announced long-term supply agreement?

The total value of Tathez Chemical's newly announced long-term supply agreement is $28.5 billion, covering a range of chemical products including methanol, polyvinyl chloride (PVC), ethylene dichloride (EDC), vinyl chloride monomer (VCM), caustic soda, salt, and natural gas. The agreements span durations of 5 to 25 years and involve both off-take commitments for finished products and secure supply arrangements for key raw materials, thereby locking in global market access while ensuring stable local input sourcing.

Which major companies are involved in the agreement, and what specific roles do they play according to the announcement?

The agreement involves several major partners: Abu Dhabi National Oil Company (ADNOC) signed a 25-year natural gas supply deal worth over $5 billion; Emirates Global Aluminium (EGA) entered into an annual caustic soda supply contract for 200,000 tons, making Tathez its first domestic primary supplier for alumina refining; Proman, Mitsubishi Corporation, Mitsui & Co., Sumitomo Chemical, Tricon, and Wemar also participated, concluding specific supply and offtake arrangements for methanol, caustic soda, EDC, and PVC.

Tathez Chemical Signs $28.5 Billion Long-Term Supply Agreement

May 15, 2026

Tathez Chemical signed $28.5 billion in long-term supply agreements at the UAE Manufacturing Forum, securing sales and raw materials for chemicals like methanol and PVC over 5 to 25 years. Partners include ADNOC and Mitsubishi to bolster local industrial self-sufficiency.

ccin

2026-05-15

Tathez Chemical Signs $28.5 Billion Long-Term Supply Agreement

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