Sadara Chemical heads for a stronger downstream industry
by ChemOrbis Editorial Team - content@chemorbis.com
According to media reports, Sadara Chemical Company highlighted their vision to have a stronger downstream industry in the region in the 11th Annual GPCA Forum that was held in Dubai on November 27-29.
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.
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.
More free plastics news
Plastic resin (PP, LDPE, LLDPE ,HDPE, PVC, GPS; HIPS, PET, ABS) prices, polymer market trends, and more...- Asian ethylene-naphtha spread at almost 7-year low
- European PVC defies global uptrend
- Turkey’s PP, PE markets at a standstill amid lingering downturn
- PVC downturn persists in China’s local market despite bullish imports
- China's PP market at almost 2-year low; H2 outlook bearish
- Asian spot ethylene market plunges to decade low
- Early July expectations emerge softer in Europe’s PP market
- Import PE prices fall to lowest in more than a decade across Asia
- Tightness pushes Asian PVC markets to 3-month high
- China’s PE market continues bearish run on sluggish demand
