SABIC and ExxonMobil choose Saudi site for elastomer JV


SABIC and ExxonMobil Chemical have chosen the Jubail Industrial City as the site for their new elastomers project joint venture, which has moved into the front-end engineering and design (FEED) phase.

The project, with an estimated cost of $5 billion, will establish a domestic supply to Saudi Arabia of more than 400,000 tonnes/yr of rubber, carbon black, and thermoplastic specialty polymers, including EPDM/TPE, TPO, butyl, and SBR/PBR, to serve emerging local and international markets in Asia and the Middle East.

The project will also include a vocational training institute and product application development and support center, as part of Saudi Arabia's National Industrial Clusters Development Program to grow and diversify the Kingdom's manufacturing sector....
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