Under the terms of the shareholders agreement, Reliance will join hands with Adnoc and ADQ in the Ta’ziz industrial chemical zone in Ruwais, Abu Dhabi for the development of a mega chemical project – Ta’ziz EDC & PVC. For this, the joint venture has plans to invest over 2 billion dollars for building a chlor-alkali, ethylene dichloride and polyvinyl chloride production facility.
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