<p>Reliance Industries has signed a pact to invest an undisclosed amount in a petrochemicals hub in Abu Dhabi.</p>.<p>A company statement said the oil-to-telecom conglomerate will join Abu Dhabi National Oil Co's Ruwais project.</p>.<p><strong>Read more: <a href="https://www.deccanherald.com/opinion/ambani-and-adani-race-to-fulfil-indias-green-ambition-1001675.html" target="_blank">Ambani and Adani race to fulfil India's green ambition </a></strong></p>.<p>"Abu Dhabi National Oil Company (ADNOC) today announced that Reliance has signed an agreement to join a new world-scale chlor-alkali, ethylene dichloride and polyvinyl chloride (PVC) production facility at TA’ZIZ in Ruwais, Abu Dhabi," the statement said.</p>.<p>It, however, did not give details of the investment made.</p>.<p>"The agreement capitalizes on growing demand for these critical industrial raw materials and leverages the strengths of ADNOC and Reliance as global industrial and energy leaders.</p>.<p>"The project will be constructed in the TA’ZIZ Industrial Chemicals Zone, which is a joint venture between ADNOC and ADQ," the statement added.</p>
<p>Reliance Industries has signed a pact to invest an undisclosed amount in a petrochemicals hub in Abu Dhabi.</p>.<p>A company statement said the oil-to-telecom conglomerate will join Abu Dhabi National Oil Co's Ruwais project.</p>.<p><strong>Read more: <a href="https://www.deccanherald.com/opinion/ambani-and-adani-race-to-fulfil-indias-green-ambition-1001675.html" target="_blank">Ambani and Adani race to fulfil India's green ambition </a></strong></p>.<p>"Abu Dhabi National Oil Company (ADNOC) today announced that Reliance has signed an agreement to join a new world-scale chlor-alkali, ethylene dichloride and polyvinyl chloride (PVC) production facility at TA’ZIZ in Ruwais, Abu Dhabi," the statement said.</p>.<p>It, however, did not give details of the investment made.</p>.<p>"The agreement capitalizes on growing demand for these critical industrial raw materials and leverages the strengths of ADNOC and Reliance as global industrial and energy leaders.</p>.<p>"The project will be constructed in the TA’ZIZ Industrial Chemicals Zone, which is a joint venture between ADNOC and ADQ," the statement added.</p>