All major contracts for Saudi Sadara to be awarded by Q3-2012

09-Mar-12
Sadara Chemical Co., a joint venture between Saudi Arabian Oil Co. and Dow Chemical Co. (DOW), will award all major contracts by Q3-2012 to build its US$20 bln petrochemical complex, as per Zawya Dow Jones. Two thirds of the engineering, procurement and construction contracts have already been awarded. Sadara will produce polyeurethanes, propylene oxide, propylene glycol, elastomers, linear low-density polyethylene, low density polyethylene, glycol ethers and amines. First production units are expected to come on line in the second half of 2015, while all units are expected to be up and running in 2016.
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