Sadara Chemical heads for a stronger downstream industry
The company reportedly stressed the significance of creating opportunities that will make Saudi Arabia’s downstream manufacturing and conversion industry stronger and stated that in the end this will be to the benefit of the region as a whole.
As part of this vision, fourteen manufacturing units at Sadara’s industrial complex in Jubail Industrial City II are expected to produce specialty chemicals and plastic products such as consumer products, construction materials, automobile parts and specialty packaging, which were only imported to the Gulf region before, the reports revealed.
In the meantime, players in Southeast Asia reported that new PE cargoes from Sadara’s recently started up PE plant with 1.1 million tons/year capacity at Jubail have shown up. Buyers in the region have started to test this material in their production. Similarly, buyers in Turkey also reported receiving offers from this plant and they have bought small containers for test purposes.
Sadara is a joint venture between Saudi Aramco and Dow Chemical.
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