16 September 2013 04:40 [Source: ICIS news]
SINGAPORE (ICIS)--Basic Chemical Industries (BCI) has agreed with the US’ CP Kelco to jointly build and operate a xanthan gum facility at Jubail, the Saudi Arabia-based caustic soda producer said over the weekend.
Subject to further engineering feasibility, the plant will have a production capacity of 5,000-10,000 tonnes/year, the company said in a statement on the Saudi Stock Exchange.
“This capacity will be dedicated to oil field application markets both within the Kingdom as well as for export,” it added.
The main client for domestic consumption of xanthan gum is oil major Saudi Aramco, according to the company.
Further details of the project were not disclosed.
For the latest chemical news, data and analysis that directly impacts your business sign up for a free trial to ICIS news - the breaking online news service for the global chemical industry.
Get the facts and analysis behind the headlines from our market leading weekly magazine: sign up to a free trial to ICIS Chemical Business.
|ICIS news FREE TRIAL|
|Get access to breaking chemical news as it happens.|
|ICIS Global Petrochemical Index (IPEX)|
|ICIS Global Petrochemical Index (IPEX). Download the free tabular data and a chart of the historical index|
Asian Chemical Connections