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Sadara Project
Overview
A joint venture between Saudi Aramco and The Dow Chemical Company (Sadara Chemical Company), Sadara Project involves building an integrated chemicals complex, with an annual capacity of over three million tons of diversified chemicals and plastics.
The complex includes 26 manufacturing plants, 14 of which will produce products manufactured for the first time in Saudi Arabia, including polyurethane (isocyanate and polyols).
Project's total cost is SAR 75 billion.
Project Information
Petrochemicals
- Oil & Gas > Petrochemicals
75000.00 (Million Riyal) * Estimate:
3.2mn tpa
Saudi Arabia
Jubail
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Completed
2012
2017
- Sadara Chemical Company is 64% owned by Saudi Aramco, and remaining stake is held by Dow Chemical Company
- The Polyethylene Plant started initial production in December 2015 with annual capacity of 375,000 metric tons.
- Construction works were 99% completed by the end of 2016.
- Sadara began commercial operations at its amines plant in July 2017.
- The financial impact of the plants becoming operational is expected to appear in Q3 2017 financial statements.
- The company announced that it has fulfilled the conditions specified by the lenders under the Sadara Project Financing Documents regarding the project completion date (PCD) in the fourth quarter of 2020.
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Gallery
Owners
Name
Percentage
100.00%
Related Parties
Name
Role
Indirect Owner
Subcontractor
Subcontractor
Indirect Owner