Sadara

The Sadara joint venture of Saudi Aramco and Dow Chemical signed an agreement on November 13, 2019 with Baker Hughes for the supply of ethylene oxide and propylene oxide for a chemicals plant to be built in the PlasChem industrial park in Jubail, Saudi Arabia.

The Sadara joint venture between Dow Chemical and Saudi Aramco agreed to supply ethylene oxide and propylene oxide to a $40 million specialty chemical plant planned by Ilco Chemikalien and Sadig Industries in PlasChem Park, Jubail, Saudi Arabia.

Dow Chemical and Saudi Aramco have signed a non-binding MOU for Dow to acquire an extra 15% stake in the Sadara joint venture, making them equal 50% partners. Financial terms were not disclosed.

Sadara, a joint venture between Saudi Aramco and Dow Chemical, commissioned the last of its 26 plants at the Jubail complex: an isocyanates section producing TDI and other specialty chemicals. The complex produces over three million tons of products annually.

Sadara, a joint venture between Saudi Aramco and Dow, signed a 20-year agreement to sell feedstock to Rufayah Chemicals, which plans to build a resins-focused petrochemical complex at Jubail's PlasChem Park.