08 October 2012 22:46 [Source: ICIS news]
HOUSTON (ICIS)--Dow Chemical will market and sell the majority of plastics and specialty chemical products produced by Sadara Chemical, its joint venture with state oil firm Saudi Aramco, the US-based company said on Monday.
Dow will serve existing customers and target new ones in fast-growing regions, primarily Asia Pacific, as well as other key countries in central and eastern Europe. Sadara will market the products in Middle Eastern nations.
Sadara will construct and operate a chemicals complex in Jubail Industrial City, Saudi Arabia, which will come on line in 2015 and be fully operational by 2016, Dow said.
The 26-unit complex will have cracking capabilities and produce more than 3m tonnes/year of polyurethanes, propylene glycol (PG), butyl glycol ethers, amines, polyethylene (PE) and polyolefin elastomers, Dow said.
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