Saudi Aramco, Dow jv to have 8m tonnes/year petchem capacity

04 September 2009 12:16  [Source: ICIS news]

The jv will have a capacity of 8m tonnes/year.HOUSTON (ICIS news)--Saudi Aramco announced on Monday that its joint venture with Dow Chemical would have a petrochemicals production capacity of 8m tonnes/year.

The $20bn (€14bn) complex in Saudi Arabia will include 35 units, according to Adil Al-Tubayyeb, vice president of the Ras Tanura Integrated Refining and Petrochemicals project.

“The project represents the world’s largest grassroots plastics and chemicals production complex to be developed at one time,” he added.

The project is still in the engineering and design phase, which should be completed in 2010, Saudi Aramco said.

The complex is expected to start up in 2015, according to the company.

($1 = €0.70)

For more on Dow Chemical visit ICIS company intelligence
To discuss issues facing the chemical industry go to ICIS connect

ICIS Free Trials Sign Up

By: Ben DuBose
+1 713 525 2653

AddThis Social Bookmark Button

For the latest chemical news, data and analysis that directly impacts your business sign up for a free trial to ICIS news - the breaking online news service for the global chemical industry.

Get the facts and analysis behind the headlines from our market leading weekly magazine: sign up to a free trial to ICIS Chemical Business.

Printer Friendly

Get access to breaking chemical news as it happens.
ICIS Global Petrochemical Index (IPEX)
ICIS Global Petrochemical Index (IPEX). Download the free tabular data and a chart of the historical index