03 August 2010 14:20 [Source: ICIS news]
Progress was being made with the project, with front-end engineering and design work expected to be completed by mid-2011, they said in a statement.
No details were given of the scale or scope of the updated project, which would be moved from an earlier proposed site at Ras Tanura, where it would have been integrated with an Aramco refinery.
Dow and Saudi Aramco said on Tuesday that a “broad set of variables” had been evaluated, including the anticipated infrastructure benefits and integration opportunities of the new location.
“The project team will continue to evaluate all variables that could impact the ultimate investment decision and the relevant stakeholders,” Dow senior vice president Jim Mclivenny said in the statement.
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