Sadara achieves full commercial ops at its chemical complex

17/09/2017 Argaam

Sadara Chemical Co. (Sadara) announced on Sunday the commercial start-up of its toluene diisocyanate (TDI) facility, marking the full commercial operation of all facilities in the Sadara complex.

 

Located in the company’s chemical complex in Jubail Industrial City II, the TDI unit consists of three integrated units that will produce dinitrotoluene (DNT), toluenediamine (TDA), and TDI.

 

TDI is widely used in the production of furniture, mattresses and cushioning, as well as car seats. It also has a variety of industrial uses and is used in the production of coatings, adhesives, sealants, specialty foams and other industrial products, the company said.
 

Financial impact is expected to show in Q4 2017 results, Sadara Basic Services said in a statement to Tadawul on Sunday.

 

Sadara Chemical Co. is a joint venture between Saudi Aramco and the Dow Chemical Co.

Last month, the two firms signed a memorandum of understanding to allow Dow to acquire an additional 15 percent ownership from Aramco in Sadara.

 

Currently, Dow owns a 35 percent stake in the $20 billion joint venture. Once the transaction is complete, Dow and Aramco will be 50-50 partners in Sadara.

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