01 March 2010 07:06 [Source: ICIS news]
SINGAPORE (ICIS news)--US-based chemical firm Huntsman has completed construction of its 27,000 tonne/year joint venture (JV) ethyleneamines plant in Saudi Arabia and will start deliveries in April this year, the company said over the weekend.
The plant at Al-Jubail would be operated by Arabian Amines Company (AAC) - created through a 50:50 joint venture with Saudi Arabia’s Zamil Group Holding Company - a statement by Huntsman said.
The statement did not say what was cost of the plant.
"This new capacity makes Huntsman the largest global supplier of ethyleneamines and a global leader in amine chemistry," Peter Huntsman, president and CEO of Huntsman, said.
The plant would produce ethylenediamine (EDA), diethylenetriamine (DETA), triethylenetetramine (TETA), among other products, the statement said.
The products are used as specialty intermediates for a variety of end-uses including epoxy curing agents and lube-oil additives for gasoline and diesel engines.
"The Jubail site is ideal for chemical investments and indeed there is ample scope for further expanding this new ethyleneamines plant with a second train, should this be justified by market conditions," Fahad Al-Zamil, president of Zamil Group, said.
Zamil Group is a global investment company engaged in petrochemicals and chemicals, shipbuilding and repair, port operations and maintenance, industrial investment and general construction.
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