UAE’s Ta’ziz, Alpha Dhabi plan $10 billion investment in chemicals in Abu Dhabi

The $10 billion joint investment by Ta’ziz and Alpha Dhabi to produce 14 new chemicals is a massive catalyst for the heavy industrial equipment market. This project will require the procurement of large-scale chemical reactors, heat exchangers, industrial pumps, and complex valve systems. For procurement managers in the energy and chemical sectors, this represents one of the largest hardware sourcing pipelines in the region over the next decade.

Additionally, the 'Make it in the Emirates' initiative ensures that local manufacturers of industrial equipment will be prioritized. Buyers should prepare for long-lead-time orders of specialized alloys and pressure vessels. By producing these chemicals locally, the UAE will also reduce the procurement costs for downstream industries, such as plastics and detergents, which currently rely on imported raw materials.