Advario, a leading tank storage and infrastructure solutions provider, proudly announces its proposed partnership with ADNOC to support the development of a terminal project and enable liquid storage and infrastructure for TA’ZIZ, the chemicals and industrial hub in Al Ruwais Industrial City, Abu Dhabi.
Advario and ADNOC’s proposed partnership will cover the development and operation of a terminal boasting 520,000 cbm of dedicated storage capacity. This facility will include infrastructure for storing and loading chemicals for transport. Concurrently, Advario will work with TA’ZIZ to build and operate pipelines providing feedstock to TA’ZIZ’s chemical plants. Advario will be entering into this cooperation together with its longstanding Middle East partner Star Energy Group.
Bas Verkooijen, CEO at Advario, commented: “Advario is proud to be partnering with ADNOC to support the development of key infrastructure within the TA’ZIZ ecosystem. Together with our partner Star Energy Group, we are committed to leveraging our vast experience and expertise for the successful development and operation of the terminal, integral to the TA’ZIZ world-class chemicals hub. This collaboration will perfectly align with our commitment to being partners for progress, advancing sustainable and innovative infrastructure solutions across the energy and chemical sectors.”
Mashal Saoud Al-Kindi, CEO of TA’ZIZ, said: “TA’ZIZ’s unique strength as a chemical ecosystem lies in the partnerships we maintain with world-class industrial players like Advario. Through our intended collaboration with Advario, we will enhance our ability to offer a seamless and integrated ecosystem that supports chemical businesses in manufacturing new value chains, previously unexplored in the UAE.”
TA’ZIZ, a joint venture between ADNOC and ADQ, plays a pivotal role in driving the UAE’s industrial development ambitions, producing chemical value chains previously unavailable in the region. For more information about TA’ZIZ, visit www.taziz.com.
About Advario – Partners for progress
Advario is a leading tank storage and infrastructure solutions provider for chemicals, gases and new energies, headquartered in Rotterdam, the Netherlands. Building on 50 years of experience, Advario operates a global network of liquid storage terminals that are strategically located in key energy hubs.
Committed to play a frontrunner role in the energy transition, Advario actively collaborates with its business partners to drive innovation and sustainability in the energy sector and to support its customers in their decarbonization journey. To find out more, visit www.advario.com.
About TA’ZIZ
In Arabic, TA’ZIZ means advancement, strengthening or creating a foundation. Formed by ADNOC and ADQ in 2020, it is a chemicals production, industrial services and logistics ecosystem that drives, supports and enables the growth of Al Ruwais Industrial City and Abu Dhabi’s chemicals, advanced manufacturing and industrial sectors. To find out more, visit www.taziz.com.
