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International Projects in Saudi Arabia Saudi Chemical Industry Plans Further Invests

| Editor: Dominik Stephan

Saudi–Arabia's chemical industry is expanding at a rapid scale: Sadara just signed a multi-billion energy cooperation and Sabic plans a new joint–venture for polyethylene in Asia.

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A three-and-a-half billion dollar energy bill: Sadara signs 20-years electricty supply agreement.
A three-and-a-half billion dollar energy bill: Sadara signs 20-years electricty supply agreement.
(Picture: Dechema)

Ryad/Saudi Arabien – Saudi Arabia's Sadara just signed a US $ 3.77 billion deal with Saudi Electricity to supply electric power to its world scale complex in Jubail Industrial City on a 20 year renewable term. Sadara is a US $ 20 billion joint venture between state-oil giant Saudi Aramco and Dow Chemical Company.

Further, Sabic, a Saudi supplier of basic chemicals has joined a cooperation with SK global Chemical of Korea to form a US $ 640 million polyethylene JV. Production assets will be based in Singapore, the two companies stated.

Find out more about the Arabian mega-projects:

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