The US$20 billion joint venture Sadara Chemical Co set up by Dow Chemical and Saudi Aramco is expected to deliver US$10 billion in revenues per annum when completed, officials said following the signing of the agreement.
Petrochemicals
Sipchem starts construction on two new plants
Saudi International Petrochemical Company (Sipchem) has started construction work on two new plants being built under its Phase III expansion program.
Saudi Kayan starts commercial operations at most plants
Saudi Kayan Petrochemical Company, a unit of Saudi Basic Industries Corporation (Sabic), announced that it started commercial operations at most of its plants in Jubail Industrial City.
SABIC and Britain explore greater cooperation
Saudi Basic Industries Corp.(SABIC) discussed pursuing new ventures for investments, during a recent visit by a senior British delegation.
Egypt to build a US$3.5 billion petrochemicals plant
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