Cairo -Mubasher: The Sanmar Group, an Indian diversified industrial conglomerate, recently signed two product sale agreement term sheets with TA’ZIZ, a UAE chemicals and transition fuels ecosystem, to supply key petrochemical feedstocks, according to a press release.

The long-term partnership aims to boost Sanmar Group’s polyvinyl chloride (PVC) production in Egypt and India. Upon the signed deal, TA’ZIZ will supply the group with more than 350,000 tons of petrochemical materials annually in support of the company’s growth plans across MENA.

Moreover, the products will be produced by TA’ZIZ at their site in Abu Dhabi, specifically in Al Ruwais Industrial City in Al Dhafra region, with a goal of supporting the group’s PVC production in Egypt’s Port Said and India’s Cuddalore.

Chairman of The Sanmar Group, Vijay Sankar, said: “We are pleased to initiate our strategic relationship with TA’ZIZ.”

Meanwhile, Mashal Al Kindi, the CEO of TA’ZIZ, said: “These agreements underscore TA’ZIZ’s commitment to become a reliable supplier of high-quality petrochemical products to global markets.”

Al Kindi noted: “We are pleased to partner with The Sanmar Group to support their growth ambitions in Egypt and India as we enable industrial development and economic diversification in the UAE.”

The CEO concluded: “These agreements build on the existing robust economic ties between the UAE and India, offering further long-term collaboration opportunities and value addition between the two partners.”