Chennai, Nov. 7 -- Diversified Sanmar Group, with a presence in chemicals, shipping, engineering and foundry businesses, today announced the signing of two product sale agreement term sheets with TA'ZIZ, the UAE's world-scale chemicals and transition fuels ecosystem, for the supply of key petrochemical feedstocks.
Under the terms of the long-term agreements, TA'ZIZ will supply Sanmar with over 350,000 ton per annum of petrochemical feedstocks.
The products will be produced by TA'ZIZ at their site in Al Ruwais Industrial City, Al Dhafra region, Abu Dhabi, and are critical raw materials in the production of polyvinyl chloride (PVC), a versatile thermoplastic used in a wide range of industrial and consumer applications.
The products will su...