ERJ staff report (DS)
Riyadh, Saudi Arabia -- Saudi Basic Industries Corporation (SABIC) and affiliates of ExxonMobil said their projected elastomers facility at the Al-Jubail Petrochemical Company (Kemya) is expected on stream in 2015. The facility will have the capacity to produce up to 400,000 tonnes per year of rubber -- including halobutyl, styrene butadiene, polybutadiene, and ethylene propylene diene monomer (EPDM) rubbers -- thermoplastic specialty polymers, and carbon black to serve local markets, the Middle East and Asia.
In the latest step in the project, the partners have approved contracts for engineering, procurement and construction (EPC). Kemya has awarded the EPC contract for the elastomers facility to Technip, Tecnicas Reunidas and Daelim. Total project investment is expected to be around US $3.4 billion.
Associated with the new Kemya elastomers facility is the establishment of the High Institute for Elastomer Industries (HIEI), a vocational training center in Yanbu; a product application center in Riyadh; and thermoplastic polyolefin compounding and inventory management facilities in Jubail.
Mohamed Al-Mady, SABIC Vice Chairman and CEO, said, â€œThe Kemya elastomers facility demonstrates our commitment to build and champion a first-rate rubber industry in Saudi Arabia that supports job creation, develops downstream industries and helps diversify the national economy. The strategic partnership between SABIC and ExxonMobil provides the strength of industry-leading competitive assets, introduces new specialty products to the Kingdom and offers global marketing and supply capability of exceptional quality. We will provide the building blocks for our customers to successfully compete on a domestic and international scale in markets for a wide range of applications.â€
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Press release from ExxonMobil
Press release from Sabic