Adnoc announced on 26 April that a shareholder agreement with Indian refiner Reliance for development of a new chlor-alkali, ethylene dichloride and polyvinyl chloride (PVC) production facility at the Ta’ziz Industrial Chemicals Zone at Ruwais in Abu Dhabi. The partners put investment at AED7.34bn ($2bn), and state that FID is planned for later this year with a view to start-up in 2025 (MEES, 2 July 2021). Adnoc says output will be aimed at key export markets in Southeast Asia and Africa.