Jul 25 2011 |
more articles from
|
Aramco, Dow Chemical to launch USD 20-bln chemical venture
RIYADH, July 25 (KUNA) -- Saudi Arabia's Aramco and U.S. Dow Chemical Company said on Monday they would launch a USD 20-billion chemicals complex in the industrial city of Jubail, Saudi Arabia. The joint venture called " Sadara Chemical Company " will build one of the world's largest chemical facilities, the state-run Saudi energy giant, Aramco said, adding that it would produce over 3 million metric tonnes of chemical products and plastics a year. The new enterprise is expected to play a key role in the kingdom's industrial and economic diversification while contributing to the creation of thousands of high quality jobs. Construction is to start immediately, with the first production units expected on line in the second half of 2015 and all units expected to be up and running in 2016. The project is to generate sales of around USD 10 billion within a few years of operation and generate thousands of jobs, Aramco said.Zawya Comment Policy
-
Zawya encourages you to add a comment to this discussion. You agree that when you add content to this discussion your comments will not:
1.1 Contain any material which is libelous or defamatory of any person, is obscene, offensive, hateful or inflammatory or causes damage to the reputation of any person or organisation.
1.2 Promote sexually explicit material, violence, discrimination based on race, sex, religion, nationality, disability, sexual orientation or age or any illegal activity.
1.3 Be made in breach of any legal duty owed to a third party, such as a contractual duty or a duty of confidence.
1.4 Be threatening, abuse or invade another's privacy, or cause annoyance, inconvenience or needless anxiety.
1.5 Be used to impersonate any person, to misrepresent your identity or affiliation with any person, or be likely to deceive any person.
1.6 Give the impression that they represent Zawya.
1.7 Advocate, promote or assist any unlawful act such as (by way of example only) copyright infringement or computer misuse. - The content posted on www.zawya.com is created by members of the public. The views expressed are theirs and unless specifically stated are not those of Zawya. Zawya reserves the right to review all comments prior to posting and edit or delete any contribution, but Zawya is not responsible for and can not be held liable for any content posted by members of the public on www.zawya.com.
- Zawya is not responsible for the availability or content of any third party sites that are accessible through www.zawya.com. Any links to third party websites from www.zawya.com do not amount to any endorsement of that site by Zawya and any use of that site by you is at your own risk.
- By submitting your comment, you hereby give Zawya the right, but not the obligation, to post, air, edit, exhibit, telecast, webcast, re-use, publish, reproduce, use, license, print, distribute or otherwise use your comments worldwide, in perpetuity.
Copyright © 2012 Zawya Ltd. All rights reserved. |
provided by www.zawya.com |
Post Your Comment