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05-20-2011

Sabic: New Elastomer Project with ExxonMobil Chemical

Saudi Basic Industries Corporation (Sabic) and affiliates of ExxonMobil Chemical announced that Front-End Engineering Design (FEED) contracts were awarded and that all components are in FEED phase for the proposed new elastomers project at their 50/50 Al-Jubail Petrochemical Company (KEMYA) joint venture petrochemical plant.

FEED contracts were awarded to Jacobs Engineering Inc. and Mitsui Engineering & Shipbuilding for process units and to Fluor Transworld Services Inc. for associated support facilities.

The project is expected to establish a domestic supply of more than 400,000 metric tons of rubber[butyl, styrene butadiene rubber (SBR), butadiene rubber (BR) and EPDM], thermoplastic specialty polymers and carbon black to serve emerging local and international markets in Asia and the Middle East. The project also includes the establishment of a vocational training center and product application development and support center, aligned with Saudi Arabia’s National Industrial Clusters Development Program to grow and diversify the manufacturing sector in Saudi Arabia.

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