16 May 2011 05:33 [Source: ICIS news]
SINGAPORE (ICIS)--SABIC and ExxonMobil have awarded contracts for the construction of an elastomers project at Al-Jubail in ?xml:namespace>
The project is a joint venture (JV) between SABIC and ExxonMobil.Front-end engineering design (FEED) contracts were awarded to US-based Jacobs Engineering and J
“The project is expected to establish a domestic supply of more than 400,000 tonnes of rubber [butyl, styrene butadiene rubber (SBR), butadiene rubber (BR) and ethylene-propylene-diene monomer (EPDM)], thermoplastic specialty polymers and carbon black to serve the emerging local and international markets in Asia and the Middle East,” SABIC said.
The financial details of the deals were not disclosed.
The elastomers project is an expansion of Al-Jubail Petrochemical (KEMYA), a 50:50 JV between SABIC and Exxon Chemical Arabia, an affiliate of ExxonMobil Chemical.
Third-party licence agreements have been secured with Continental Carbon for its carbon black production technology and with Goodyear for its SBR and butadiene rubber technology, the company added.
“This elastomers project will be the basis for the creation of a world-class rubber value chain in
“In addition to supporting [the] local industry, the expansion at the KEMYA joint venture in Al-Jubail will provide additional new capacity of butyl rubber and EPDM specialty elastomers to meet the growing global demand for these products,” said ExxonMobil’s senior vice president for polymers, Neil Chapman.
Elastomers are used in the manufacture of tyres.
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