TA'ZIZ, ADNOC's joint venture with ADQ, is building a world-scale chemicals hub in Ruwais that is set to produce 4.7 million tonnes of product a year, including the UAE's first locally produced PVC, enough to supply the water pipes of 10 million homes annually. In May 2026, TA'ZIZ announced $28.5 billion in long-term contracts with UAE and international partners, including a natural gas supply agreement with ADNOC Gas and a major deal to supply caustic soda to Emirates Global Aluminium for alumina production. CNBC's Dan Murphy interviewed TA'ZIZ CEO Mashal Saoud Al Kindi about the challenges of building one of the world's largest chemicals facilities, the partnerships behind the project and why making these materials at home helps future-proof UAE industry.