UPDATE: India’s Reliance joint UAE’s Abu Dhabi Chem to build new PVC plant

Reliance Industries Limited (RIL) has entered a joint venture with Abu Dhabi Chemical to build a chemical plant in Ruwais, UAE to produce Ethylene Dichloride (EDC) and Polyvinyl Chloride (PVC).

The $2 billion project named TA’ZIZ EDC & PVC would be the first to produce Chlor-alkali products in the UAE, and its output shall meet the growing demand in the local market here, as well and in Southeast Asia and Africa.

The project is preliminarily designed to produce 580,000 tons/year of EDC, which would need to use 790,000 tons of chorine per annum. The downstream PVC plant is expected to have an annual output of 360,000 tons/year. 

Market sources said that the excess EDC supply would be exported to India, where the demand expands at a healthy pace.