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Petrochemicals and Chemical Products

Petrochemicals and Chemical Products Sector

Sector Overview

The petrochemicals and chemical products industry is one of the most important sectors in the UAE, and the UAE is the third-largest producer of petrochemicals and chemical products in the GCC region. The sector has contributed to the diversification of the country’s economy and has significant export opportunities.

The TA’ZIZ Industrial Chemicals Zone, part of the Ruwais Industrial Complex, will host world-scale chemicals production. Along with other TA’ZIZ anchor projects, this will enable more than USD 5bn in new value chains, with most chemicals being produced in the UAE for the first time.

Further integration of the chemical value chain will enable the UAE to decrease imports, enhance exports, and enable new downstream investments. In addition, the adoption of chemical speciality formulations technology will support the UAE’s aim to further tap into high-value markets.

Opportunities

Sector Opportunities

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Sector Key Numbers

22%

The petrochemical, rubber and plastic industry makes up 22% of the UAE’s manufacturing sector

33%

of GCC’s petrochemical exports are handled by Jebel Ali Free Ports

+75%

The sector’s contribution to the GDP projected to increase by 75% over the next 10 years

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Further integration of the chemical value chain will enable the UAE to decrease imports, enhance exports and enable new downstream investments

Adoption of chemical specialty formulations technologies will enable the UAE to further tap into high-value markets

Testimonials

Success Stories

Emirates Calcium Carbonate Factory Group Testimonial

"Despite the challenges facing global economies,the UAE’s agile government has emerged wiser, stronger and more proactive in providing a platform for knowledge-based, sustainable and innovation-focused businesses of diverse sizes and backgrounds, delivering a transparent and forward-thinking business ecosystem".

Ghassan Saqqa
Founder & CEO, Emirates Calcium Carbonate Factory Group

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