Shell, SABIC plan Saudi Petrochemical expansion

Shell, SABIC plan Saudi Petrochemical expansion

5:28 AM, 16th November 2012
Shell, SABIC plan Saudi Petrochemical expansion
Mohamed Al-Mady, Vice Chairman and CEO, SABIC.

RIYADH, SAUDI ARABIA: Saudi Basic Industries Corporation (SABIC) and Shell are progressing plans for the expansion of various projects at the Saudi Petrochemical Company (SADAF). The joint venture partners are also looking to expand their partnership beyond Saudi Arabia.

Both parties are developing a full range of polyols (a polyurethane building block) and styrene monomer propylene oxide (SMPO) plants at the existing SADAF site, which is located in one of the world’s largest and most competitive petrochemical complexes – the Al Jubail industrial zone on Saudi Arabia’s eastern coast.

The proposed full range of polyols and SMPO plants would be the first of their kind in the Middle East. The assets would employ Shell’s proprietary polyols and SMPO technologies to produce chemical building blocks for the polyurethanes industry and petrochemicals sector in the Middle East and beyond. The partners are committed to the polyurethanes, styrene, propylene oxide and derivatives sectors, and have access to leading technologies as major international suppliers.

“We are pleased to be deepening our partnership with Shell. This investment will respond to demands for solutions from our global customer base. These sectors include building & construction, automotive & transportation, furniture & bedding, sports goods, food packaging, cold chain & refrigeration, and home appliances industries. Our polyurethane solutions will offer strength and flexibility, variable rigidity and insulation properties in a wide range of applications,” said Mohamed Al-Mady, Vice Chairman and CEO, SABIC.

© WOC News



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