Ma’aden and Sahara in new caustic soda and ethylene dichloride (EDC) joint venture

The Saudi Arabian Mining Company (Ma’aden) and Sahara Petrochemical Company (Sahara) have established a new joint venture to produce caustic soda and ethylene dichloride (EDC). The US$750 mln (SR2.81 billion) project, located within Sahara’s complex in Jubail Industrial City, will produce 250,000 tpa of caustic soda and 300,000 tpa of EDC. The joint venture arrangement follows last year’s announcement by both companies regarding approval received from the Saudi Industrial Development Fund to provide US$240 mln (SR900 mln) in project financing. Sahara is 90% owned by Zamil Group Holding.
  More News  Post Your Comment
{{comment.Name}} made a post.




There are no comments to display. Be the first one to comment!


Name Required.


Email Id Required.

Email Id Not Valid.


Mobile Required.

Email ID and Mobile Number are kept private and will not be shown publicly.

Message Required.

Click to Change image  Refresh Captcha