# Mitchell Rubber Arabia to build $50M elastomer components plant in Yanbu, Saudi Arabia

Mitchell Rubber Arabia signed a $50 million agreement with the Royal Commission for Jubail and Yanbu to establish an elastomer components manufacturing facility in Yanbu, Saudi Arabia. The facility is expected to be operational by Q1 2024 and will create over 250 jobs.

- Type: Investment
- Announced: 2022-08-04
- Where: Yanbu, Saudi Arabia
- Value: $50.0M
- Jobs: 250
- Starts operating: Q1 2024
- Status: announced
- Products: elastomer components, rubber compounds, tires, conveyor belts, hoses, gaskets, seals
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

- [Mitchell Rubber Arabia](https://endata.com/companies/64593.md)
- [Royal Commission for Jubail and Yanbu](https://endata.com/companies/25212.md) (partner)

## Sources

- [ussaudi.org](https://ussaudi.org/u-s-saudi-business-council-facilitates-50-million-agreement-signed-during-bidens-visit/), 2022-08-04: "U.S.-based Mitchell Rubber Arabia has signed a $50 million agreement with the Royal Commission for Jubail and Yanbu (RCJY) to allocate land for the establishment of an elastomer components manufacturing facility in Yanbu."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.