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FINANCIAL NEWS
Saudi’s Sadara Chemical project to start operations in 2015
19 Oct 2014
(MENAFN) Saudi Aramco announced that the Sadara project in Jubail, which is expected to become one of the largest and most complicated engineering projects in the world so far, is going to be operational in 2015 after 70 percent of the work being already completed, Arab News reported.
Sadara Chemical Company, which is a joint venture between Saudi Aramco and Dow Chemical Company, is a global integrated chemical complex being constructed in Jubail Industrial City II with an estimated investment of about USD19.99 billion and will be made up of 14 plants, which together will be part of the 26 world-scale manufacturing plants currently being built in Jubail Industrial City II.
Aramco said that upon completion, the project would have used more than 160.000 tons of steel and a million cubic volumes of concrete in its construction, as well as using 2.500 km of pipes in it.
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