Giant elastomer plant set for Saudi by Sabic and ExxonMobil

ERJ staff report (RD)

Riyadh, Saudi Arabia – Saudi Basic Industries Corp and ExxonMobil Chemical have signed a Heads of Agreement (HOA) for a proposed multi billion-dollar elastomers project in Saudi Arabia, Sabic said in a 19 Nov statement. The new project will be at Sabic and Exxon joint ventures, Yanbu Petrochemical Company (Yanpet) in Yanbu and Al-Jubail Petrochemical Company (Kemya) in Jubail.

The company said the project would establish a domestic supply totalling over 400 kT / year of carbon black, EPDM, TPO, Butyl, SBR/PBR to…

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