Saudi Basic Industries Corp (SABIC) on Sunday started commercial operations at its synthetic rubber ethylene-propylene-diene-monomer unit, as well as the thermoplastic specialty polymers and halobutyl rubber units at full capacity at Al-Jubail Petrochemical Company (KEMYA) joint venture plant.

 

The financial impact of the commencement of operations would show on the company’s results in Q3-2017, the company said in a bourse statement.

 

The KEMYA rubber plant which cost $3.4 billion is a joint venture between SABIC and Exxon Chemical Arabia, a subsidiary of Exxon Mobil.

 

The project will supply over 400,000 metric tons of rubber annually, including thermoplastic polymers and carbon black for domestic markets, the Middle East and Asia, according to the statement.

Comments {{getCommentCount()}}

Be the first to comment

{{Comments.indexOf(comment)+1}}
{{comment.FollowersCount}}
{{comment.CommenterComments}}

رد{{comment.DisplayName}} على {{getCommenterName(comment.ParentThreadID)}}

{{comment.DisplayName}} حساب موثّق

{{comment.ElapsedTime}}
loader Train
loader Train
Sorry: the validity period has ended to comment on this news
Opinions expressed in the comments section do not reflect the views of Argaam. Abusive comments of any kind will be removed. Political or religious commentary will not be tolerated.

Related News

SABIC starts commercial ops at carbon black unit

Popular Links

Quick Links

Join Us

Argaam.com Copyright © 2025, Argaam Investment, All Rights Reserved
Call Request