An affiliate company of Tasnee and Sahara Olefins Company (Saudi Acrylic Acid Company) has signed a tolling and processing agreement with Sadara Chemical Company (Sadara), Saudi Kayan Petrochemical Company (Saudi Kayan) and Saudi Butanol Company (SaBuco). The tolling and processing agreement governs the terms on which, SAAC, Sadara and Saudi Kayan shall supply propylene to the Butanol Plant for conversion into butanol products, and their corresponding rights to offtake such butanol products.
Sabuco is a special purpose joint venture company established by Saudi Kayan, Sadara, and SAAC for the purposes of owning and funding a the Butanol production plant (Butanol Plant).
The design capacity of the Butanol Plant is 330,000 metric tpa of n-butanol and 11,000 metric tpa of iso-butanol, which is scheduled to go on-stream in Q1-2015.
21-Jun-13 
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