Saudi Arabia’s Sadara Basic Services Co. on Sunday launched commercial operations at its propylene glycol plant in Jubail Industrial City II, the company said in a statement to Tadawul.
Propylene glycol is used in manufacturing food and flavoring agents, cosmetic products and fragrances, as well as paints and coatings. Its derivatives are used in the production of other chemicals such as monopropylene glycol, dipropylene glycol and tripropylene glycol.
The facitlity is one of 26 integrated manufacturing plants in the Sadara Chemical Complex.
The financial impact of going commercial is expected to appear in Q3 2017 financial statements, the company said.
Sadara Basic Services is 100 percent indirectly owned by Sadara Chemical Company (Sadara), in which Saudi Aramco owns a 65 percent stake, while US-based Dow Chemical owns 35 percent.
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