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.
Saudi International Petrochemical Company (Sipchem) has started construction work on two new plants being built under its Phase III expansion program.
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.
Saudi Basic Industries Corp.(SABIC) discussed pursuing new ventures for investments, during a recent visit by a senior British delegation.
