Saudi Arabia: Recycling of By-Products Sadara and Gulf Interchem Sign MOU for Recycling Facility in Plas Chem Park
Sadara signed a Memorandum of Understanding (MOU) with Gulf Interchem, a Bahrain-based technology company, for a by-products upgrade project based in Plas Chem Park, a collaborative industrial park between Sadara and the Royal Commission for Jubail and Yanbu (RCJY) in Jubail Industrial City II.
Jubail/Saudi Arabia — Under the terms of the non-binding agreement, Gulf Interchem will build an integrated treatment plant to recover valuable molecules from Sadara by-products and convert them into fine chemicals that can be used in the production of specialty chemicals such as corrosion inhibitors, adhesives, lubricants and others.
According to Mohammad Al-Azzaz, Director of Value Park, Sadara, the company will continue to explore further opportunities for the other by-product streams that will be produced by the Sadara Chemical Complex.
The plant will be the first of its kind serving the Jubail petrochemical industry in the recycling of by-products. Benefits epexted by the companies include the import of new technologies for managing by-products. It would also generate value through the recycling of its low-value by-products streams, increasing the value of exports.
Gulf Interchem has developed advanced treatment processes to recycle by-products and waste streams into valuable chemical products. Beyond the economic value creation, the project’s planned recycling solutions will also have an immediate environmental impact, reducing carbon dioxide emissions by approximately 50,000 tons per year. It is also estimated that the project will create 50 highly specialized jobs while supporting the Kingdom’s growing and developing downstream manufacturing industries in the long term.
On a related note, Al-Azzaz revealed that many of the investors in Plas Chem Park will conclude their planned project’ engineering activities by early next year with ground-breaking activities set to take place in Q3 2018.