28 July 2011 09:06 [Source: ICIS news]
SINGAPORE (ICIS)--Solvay of Belgium and Sadara Chemical will jointly build a hydrogen peroxide (HP) plant at ?xml:namespace>
The 50:50 joint venture HP facility is expected to come on stream in the second half of 2015, in line with the planned start-up of some production units at Sadara’s $20bn (€14bn) chemicals complex at the site, Solvay said in a statement.
Sadara Chemical is a newly formed joint venture between US’ Dow Chemical and Saudi Aramco.
Financial details and the capacity of the proposed HP mega plant were not disclosed.
Hydrogen peroxide is used in the production of propylene oxide, which, in turn, goes into production of propylene glycol, glycol and polyurethanes.
Solvay currently operates a 230,000 tonne/year HP plant in
($1 = €0.70)
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