28 November 2011 10:25 [Source: ICIS news]
The major petrochemical project will be built at
It is expected to be one of the world’s largest integrated chemical facilities and the largest ever built in a single phase, the company said.
Some production facilities at the site are expected to come on stream in the second half of 2015, with all units to be up and running in 2016, Dow said.
Dow and Saudi Aramco have also appointed the eight-member board for Sadara, to be chaired by Abdullatif Al-Othman, senior vice president (SVP) for engineering and project management at Saudi Aramco.
Dow SVP James McIlvenny was appointed as deputy chairman. The other members of the board include: Saudi Refining president Tofiq Gabsani; Dow executive vice president (EVP) Michael Gambrell; Saudi Aramco vice president for chemicals Abdulaziz Judaimi; Saudi Aramco chief engineer Ahmad Al-Khowaiter; Dow SVP and president for performance plastics Howard Ungerleider; and Dow EVP and CFO William Weideman.
Ali Abuali, former president of Aramco Services Company – a US-based subsidiary of Saudi Aramco – was appointed as CEO of Sadara, while Dow finance director for Europe,
“Sadara is poised to become a significant contributor for Saudi Aramco’s transformational downstream growth strategy,” said Saudi Aramco president and CEO Khalid Al-Falih in the statement.
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