CARADOL polyether polyols are available in a wide range of molecular weights and it is this variety which gives rise to a wide range of processing and application possibilities.
SAUDI ARABIA - Divided Zone Mega-Venture
大型石化計画 中東でラッシュ GCC/Japan Partnerships: A Model of Four Dimensions
サウジ 原油生産能力増強 ２００９年にも１５０万バレル増
First solar power plant opens in Farasan
Sinopec Signed MOU with Aramco
Accord Inked with SABIC for Marketing Polyolefin Products of Fujian Joint Venture
インドで石油精製 サウジや仏企業 輸出拠点に活用も
Saudi move clears way for outside
SABIC サウディ石油化学 ２０年のあゆみ SABIC現状
SABIC Story SABIC History SABIC Innovative Plastics
SABIC plots global growth strategy
SABIC DSMの石化部門取得 → SABIC EuroPetrochemical B.V.,
SABIC ACQUIRES DSM's POLYOLEFINS
2005/4 SABIC EuroPetrochemicals to continue as SABIC Europe
SABIC Europe is
aiming to be one of the top two marketers of polyolefins in
SABIC Enichemの51%取得を交渉 → 交渉決裂
SABIC Europe Cracker Project in Geleen on hold
Huntsman to Sell European Commodities Business to SABIC
SABIC, planning 3rd PP plant in Europe
Sabic favours northeastern China for its potential cracker investments
SABIC Chairman opens two new offices in China
Acquisition of Scientific Design Company, Inc.
SABIC to Acquire Owens Corning’s Share in StaMax BV
SABIC and ExxonMobil reach a full settlement of their disputes
Samsung Engineering wins Petrokemya's buten-1 plant
SABIC Euro revives plan for 550 kt/yr Dutch cracker at Geleen
SABIC plans to build second ethylene glycol plant at Jubail United
Saudi Arabia's SABIC to produce PP block copolymer-grades in 2004
SABIC to build new 1.3-mil mt/yr cracker at Yanbu, Saudi Arabia 2003/12 ＳＡＢＩＣ役員会承認
SABIC awards contract to Technip for Yansab ethylene and propylene plant
SABIC signs LOI with the US Flour Company for YANSAB utilities
TEC, サウジアラビア・SABIC社より2基目の大型ＥＯ／ＥＧプラント受注 2004/1
Sabic Eyes Mexico Project
Germany's Linde gets linear alpha olefins plant deal In Saudi Arabia
Saudi SAFCO and SABIC unit to build steel plant
LyondellBasell grants Spheripol PP technology license to SABIC affiliate for a 525 KT plant
Lummus Technology awarded propane dehydrogenation contract from Ibn Rushd
SABIC and ExxonMobil Chemical sign Heads of Agreement for new Elastomers project in Saudi Arabia
SABIC and ExxonMobil Chemical award contracts, sign technology agreements for proposed new elastomers project
SABIC and ExxonMobil’s joint venture KEMYA signs agreements with Continental Carbon to furnish licensed technology and market part production
Albemarle and SABIC Affiliate, TAYF, Create a Strategic Catalysts Joint Venture
Celanese and SABIC Announce Polyacetal Expansion in Middle East
SABIC Plans Iron and Steel Plant in Jubail Industrial City
SABIC signs agreement with KAUST to launch new research and innovation center
SHARQ増設計画ーエチレン 120万、LLDPE 40万、HDPE 40万、EG 60万トン
サウジ治安問題 Yanbu、Al-Khobar サウジの石油施設でテロ未遂
SHARQ signs three contracts for the implementation of mega expansion project in Jubail
2004/2 サウジ、Petrokemya のＨＤＰＥ、ＬＬＤＰＥ（各40万トン） 2004/3月スタート
2008/2 Petrokemya launches ABS facility
2009/3 Shaw to Provide Front End Engineering Design Services for ABS Plant in Saudi Arabia
2004/6 Sabic In Talks With Sinopec On Investing In Ethylene Proj
2004/6 SABIC Board endorses expansion investments
of 24 billion Saudi Riyals
AR-RAZI Saudi Methanol Companｙ：三菱ガス化学ほか出資
SABIC (AR-RAZI 5) PROJECT awarded to Mitsubishi Heavy Industries
2004/6 China's Dalian Shide, SABIC aim a $5billion petrochemical complex in Northeast China
2004/10 SABIC, Dalian Shide mull
refinery-petrochemical project in China
2004/7 Jubail United MEG plant to start commercial sales in November → October
2004/10 SABIC denies take over of Nova; Mexican plans close to fruition
SABIC-Iran cracker, integrated complex joint venture plan stalls
2005/5 Saudi governor launches acetic acid technology at Ibn Rushd
2005/7 サウジYansab のＥＧプラント 東洋エンジが受注
SABIC、YansabのLDPE,PPの建設でAker Kvaerner/Sinopec JVとＬＯＩ締結
2005/8 SABIC selects Aker Kvaerner to double Ibn Zahr PP III plant
2005/12 SABIC's Yansab receives nod for 35% IPO on Saudi stock exchange
2006/2 SABIC signs a LOI with S&W for the engineering, procurement and construction of HDPE plant at Yansab
2006/5 Establishement of Saudi Kayan Petrochemical Company
Saudi Kayan signs a letter of intent with Kellogg Brown & Root (KBR) for the construction of Olefins Plant
2007/1 SAUDI KAYAN signs contracts for new PP and LDPE plants
2007/11 Saudi Kayan to raise $4b in debt
2009/1 Debt pricing threatens Saudi Kayan SIDF funding
2010/8 Sabic Signs Technology Licensing Agreement With Lurgi for Kayan's oleo chemicals
2006/6 SABIC Affiliate YANSAB signs SR 13.125 Billion (USD 3.5 Billion) loans and facilities agreements
2006/6 SABIC set to launch its debut Islamic Sukuk in the wake of gaining the approval of the Capital Market Authority (CMA)
2006/11 SABIC and ExxonMobil Chemical to study petrochemicals expansion in Saudi Arabia
2006/12 SABIC forms Polystyrene Joint Venture with Baser Petrokimya in Turkey
2006/12 Sabic expansion scheme covers India and China
2007/5 Saudi Kayan awards hdpe plant construction contract to the chinese Huanqiu company
2007/5 SABIC to join hands with Sinopec over new China ethylene project 天津計画
2008/1 SABIC and SINOPEC sign heads of agreement towards formation of 50:50 jv of PE/EG in Tianjin
2008/6 SABIC and SINOPEC sign strategic cooperation agreement and agree to expand Tianjin industrial complex
2009/1 SABIC and Sinopec Celebrate 3.2 Million-Ton Petrochemical Complex at Tianjin, China
2007/5 GE Announces Sale of Plastics Business to SABIC for $11.6 Billion
2007/8 European Commission clears SABIC acquisition of GE plastics
2007/8 GE completes sale of plastics business to SABIC at $11.6 billion
2008/11 Dow and SABIC Announce Start Up of World’s Largest UNIPOL PP Train
2012/6 SABIC and ExxonMobil to Proceed with Specialty Elastomers Project at Al-Jubail
Foster Wheeler Awarded FEED/PMC Contract for New Petrochemicals Complex in Saudi Arabia
SABIC signs MOU for JV with newly formed OSOS Petrochemical
SABIC says withdraws from $1 bln Osos talks
Natural Gas Initiatives (NGI)
Saudi Polyolefins Company （NPIC・Tasnee & Basell PP 450千ｔ）
Stalled Saudi NatPet PP project may be expanded to 420 kt/yr
Saudi Alujain appoints financial advisor for new petrochemical project （上記の原料Ｃ３計画）
Saudi Arabia/ Alujain Invests $1 Billion In Petrochemical Projects
Al Zamil Group のＰＰ、ＡＮＭ計画
Sahara Petrochemical Company PP with Basell 調印
Sahara Petrochemical and Basell sign agreement for construction of PP & propane dehy complex
Saudi International Petrochemical Company （SIPCHEM)
Sipchem Appoints NCB to Manage its Initial Public Offering
maleic anhydride/butanediol project
Saudi Sipchem starts butanediol commercial sales from Al-Jubail
Eastman, Saudi's Sipchem sign acetyls technology deal Foster Wheeler Awarded Contract
Tasnee & Acetex establish jv for acetic acid, VAM and methanol 中断
Saudi Sipchem, Helm Arabia sign AA-VAM projects JV, offtake deal 着工
Celanese Brings Suit Against Saudi Arabian Acetyls Company
Ineos to join Sipchem olefins venture in Saudi Arabia
Sipchem shelves plans of 1.3 mln tpa cracker project at Al-Jubail
Sipchem & Hanwha Chemical Sign JV Agreement for Building a Polymers Compounding Plant
Sipchem begins work on phase III projects
Tasnee & Sahara Olefins Company and Basell sign joint venture agreement
Rohm & Haas and Tasnee & Sahara Olefins Company Form JV to Make Acrylic Monomers in Saudi Arabia
Basell JV with Sahara Petrochemical Company secures Shariah compliant financing
Al-Zamil Group and Chemtura metal alkyls JV Gulf Stabilizers Industries
Arabian Amines Company 進展
Arabian Amines Company 着工
Huntsman, Al-Zamil JV breaks ground on new ethyleneamines plant
Zamil, Huntsman plan Jubail JV
SABIC and Sipchem sign MOU for new projects in Jubail
Saudi's Sipchem, Rhodia team up in ethyl acetate
Advanced Polypropylene Announces Successful Start-Up of PP Complex in Al-Jubail
Saudis ink deal with Chiyoda for $240-mil methanol plant
Saudia Arabia's IMC to start up mega methanol plant in November
Saudi NIC, Al-Zamil to jointly develop new C2 at Al-Jubail
preliminary bids for olefins complex
Sipchem Launches its Olefins & Derivatives Complex
Saudi Chevron Phillips (Chevron Phillips Chemical and Saudi Industrial Investment Group) ＳＭ
Saudi Polymers Company Awards EPC Contracts
n-Paraffins, LAB Complex Gulf Farabi Petrochemicals (Riyadh)
Yusuf bin Ahmed Kanoo Group Plans Three Units at Al Jubail Complex (including PP）
Saudi's NPI to form jvs for methanol and derivatives Ethane/propane cracker計画も
Gulf Advanced Chemical offered BDO plant contract to Kvaerner
住友化学 ラービグ計画解説(住化） The Rabigh Refinery
Japan Sumitomo Chem May Build Mideast Cracker Project
サウジの石化複合プラント 日揮がＦＣＣの基本設計受注 アラムコと住化から
住友化学 サウジ石化 投資膨張、２倍の９０００億円
丸紅・日揮 伊藤忠 サウジで発電・淡水化 １２００億円投資 住化合弁に供給
Foster Wheeler awarded an EPC contract by PETRORabigh for the utilities and offsites
住友化学 サウジ合弁、６６００億円調達 銀行団と合意 事業規模１兆１０００億円
Work on Saudi Rabigh refinery, petchem project to start by April
日本貿易保険 過去最大の保険 22億ドル 住化のサウジ合弁に
Saudi PetroRabigh says may delay some units
Aramco To Sign Sumitomo Deal For Petro Rabigh Expansion
サウジ・アラムコとの「ラービグ第 2 期計画」の共同企業化調査実施
PetroRabigh sees net loss balloon to $63 million on start-up woes 決算
KBR's Phenol Technology Selected for Rabigh II Project Feasibility Study
Saudi Rabigh Inks Propylene Oxide Deal With Tasnee, SAIC
Saudi Aramco acquired a 40% stake in Petron, the downstream unit of the Philippines National Oil Co.
Ashmore Group to buy Saudi Aramco's stake in Petron
Dow is Selected for Negotiations on New Petrochem Complex
Saudi Aramco-Dow Chemical project costs surge to $22 bln -industry
Aramco-Dow petrochemical plant faces delays
Saudi Aramco Changes Plans for Ras Tanura Project
Saudi Aramco, Sinopec to conclude Qingdao refinery JV deal soon
Saudi Aramco and Total confirm Jubail Refinery Project
Saudi Aramco and ConocoPhillips Confirm Yanbu Export Refinery Project
ConocoPhillips Opts Out of Yanbu Refinery Investment
SABIC seeks deals with Saudi Aramco
Saudi Aramco eyes $129 bln investment in next 5 yrs
Innovene and Delta Oil Agree To Explore Major Petrochemical Investment in Saudi Arabia
Ineos Confirms Cancellation of Saudi Ineos-Delta ethylene Project
Brazil's Ultrapar licenses Saudi's
PMD use of ethanolamines and ethoxylates technology
PMD $3.5 billion Saudi petrochemical project on track
PMD selects Basell's processes for new polyolefin plants in Saudi Arabia
Ma'aden and SABIC to create a strategic joint venture in a phosphate minerals project
New contract for mega size ammonia plant in Saudi Arabia Ma'aden/Sabic JV
NorSun forms JV with Saudi partners to build polysilicon complex in Jubail industrial city, Saudi Arabia
Ciba and Astra Polymers sign JV agreement on customer specific antioxidant blends in Middle East
SABIC was established in 1976 to
add value to Saudi Arabia's natural hydrocarbon resources. Today
we are among the leading international petrochemical companies in
terms of sales and product diversity. Headquartered in Riyadh, we
are also the Middle East's largest non-oil industrial company.
Our businesses are grouped into five core sectors: Basic Chemicals, Intermediates, Polymers, Fertilizers and Metals. Each sector consists of several Strategic Business Units (SBUs) that are entirely dedicated to the customers they serve. Our manufacturing network in Saudi Arabia consists of 18 world-scale industrial complexes operated by 16 affiliates. (2000年に1社追加） Most of these affiliates are based in Jubail Industrial City on the Arabian Gulf. Two are located in Yanbu Industrial City on the Red Sea and one in the Eastern Province city of Dammam. We are also partners in three regional ventures based in Bahrain.
The vision that led to our creation was closely associated with the aspirations of Saudi Arabia as a developing nation. We continue to play an important role in achieving some of those aspirations, including the development of the country's human resources. We are also committed to Saudi social and cultural values and international business and environmental standards.
SABIC is owned by the Saudi Government (70%) and the private sector (30%). Private sector shareholders are from Saudi Arabia and other countries of the six-nation Gulf Cooperation Council (GCC).
Petrokemya launches ABS facility
2006/4 Establishement of Saudi Kayan Petrochemical Company
* SABIC、Jubail United でNo.2 ＥＧ 625千トン建設予定
* SABIC to build new 1.3-mil mt/yr cracker
at Yanbu, Saudi Arabia 2003/12
SABIC Completes Expansion Projects To Increase Polyethylene Production
The company completed a 300 million U.S. dollar expansion project in March to double the production of styrene at Saudi Petrochemical Company (Sadaf) in Jubail along the Arabian Gulf. The plant, part of the Sadaf complex that also manufactures ethylene, MTBE, caustic soda and industrial ethanol, was built in 1985 and produced 560,000 tons per year (tpy) of styrene before the expansion. The plant now produces 1.1 million tons per year of styrene, making it the largest single-plant producer in the world.
Expansion at two other SABIC plants, Kemya and Sharq, was also completed recently. These two plants produce polyethylene and the expansion projects raised production by 635,000 tpy.
Another SABIC plant that has undergone expansion this year is Yanpet, located at the Yanbu Industrial City along the Red Sea. Capacity at this plant has been increased almost three-fold to 1.85 million tpy of polyethylene. A new polyethylene plant has also been built at Yanpet, adding another 268,000 tpy of polyethylene production to the complex.
Saudi Basic Agrees To Buy Ibn Zahr Stake From Neste Oil
SABIC today completed operational procedures to purchase the Finnish Neste Oil's 10% share of capital in SABIC affiliate, IBN ZAHR. US$ 120 million, representing the share, has been paid to Neste Oil. The appropriate amendment to the company's Articles of Incorporation was signed today.
Accordingly, as from June 1, 2006, SABIC owns 80% of IBN ZAHR capital. The Italian Fortium Company owns 10% and the Arab Petroleum Investments Corporation (APICORP) owns the remaining 10%.
SABIC originally announced the signing of this agreement on March 26, 2006.
SABIC affiliate awards one million metric ton ethylene project to Halliburton KBR, Chiyoda & Mitsubishi
JUBAIL UNITED is building a mega-olefin complex at Al-Jubail Industrial City in the Eastern Province of the Kingdom of Saudi Arabia. The company’s plans include an ethane cracker to produce 1,000,000 mt/y of ethylene, a 150,000 mt/y linear alpha olefins plant, a 575,000 mt/y ethylene glycol (EG) plant and 50% ownership in a 800,000 mt/y polyethylene (PE) plant being built by another wholly - owned SABIC subsidiary, PETROKEMYA. The mechanical completion of the ethylene project is scheduled for 32 months and the project will be on stream by October 2004.
2003/1 Jubail United Petrochemical completes US$1.154 billion loan facility
IBN HAYYAN PLASTIC PRODUCTS (Tayf) 上記
TAYF is a part of the petrochemicals concern Sabic. TAYF was established in 1996, with Sabic's (Saudi Basic Industries Corporation's) joint venture affiliate, Bin Hayyan (National Plastic Company), taking a 51% stake. Other partners in TAYF are the Saudi Industrial and Commercial Agencies Company (37%), the Saudi Industries Development Company (Tatweer) 10% and the Saudi Ceramic Company (2%).
Sabic's affiliate, Ibn-Hayyan Plastic Products Company (TAYF), began the final procedure to commence construction of its plant in Jubail in late 1997. The TAYF plant will produce a variety of plastic products using as feedstock PVC resins supplied by National Plastics Company (Ibn-Hayyan) and diocthyl phtalate (DOP) produced by Al-Jubail Fertiliser Company (Samad). These plants are also located at Al Jubail Industrial City. TAYF products will be marketed in the domestic market to meet the increasing demands for industrial and consumer durable plastics.
TAYF annual production will consists of 3,200 tonnes of wall covering products, 18,000 tonnes of floor covering products, 7,800 tonnes of artificial leather products, 24,000 tonnes of cellular sheets used in the manufacture of building construction and signboards, 10,000 tonnes of soft films and sheet, 10,000 tonnes of rigid films and packaging, and 2,000 tonnes of book binding products. The project has a total investment of SR930m ($85 million), of which the Saudi Industrial Development Funds (SIDF) and local commercial banks have provided 75%. Sabic will market TAYF products, 40% of which will be sold in the domestic market.
TAYF, which is a part of Sabic, has awarded the contract to Stork Alpha Engineering, Netherlands, for the design, project management, materials procurement, and supervision for the construction of a PVC products plant at Jubail Industrial City in Saudi Arabia. Stork's part in the $85m project was worth $8.5m. Stork focused on the entire chain of project management, design, purchase of materials, supervision during construction and commissioning. Stork was in charge of offshore engineering and procurement for the project and Alpha will take care of onshore activities.
July 1, 2002 SABIC
Sale of DSM Petrochemicals to SABIC completed
The sale of DSM’s petrochemicals business to Saudi Basic Industries Corporation (SABIC) has been completed. As a result, the activities of DSM Petrochemicals in Geleen (Netherlands) and Gelsenkirchen (Germany) have been transferred to SABIC retroactively from 1 January 2002. The European Commission has recently approved the sale effective that date.
The transaction involves the transfer of all shares of the companies that together form DSM Petrochemicals (DPC), the associated DPC participations and sales activities, and the related technology positions, patents and trade names.
DSM Petrochemicals established with effect from 1 january 2001 as a merger of the former business groups: DSM Hydrocarbons, DSM Polyethylenes and DSM Polypropylenes
(Joint press release Apr 3,2002) SABIC
→ SABIC Europe
SABIC to acquire DSM's petrochemicals business
DSM and SABIC, the largest petrochemicals producer in the Middle East, have reached an agreement in principle on the purchase of DSM's petrochemicals business by SABIC. The transaction involves the transfer of all shares of the companies that together form DSM Petrochemicals (DPC), the associated DPC participations and sales activities, and the related technology positions, patents and trade names. After the closing, the transaction will take retroactive effect from 1 January 2002. DSM and SABIC expect the closing to take place around 30 June 2002.
The proposed sale of DSM's petrochemical activities to SABIC specifically concerns DSM Hydrocarbons B.V., DSM Polyethylenes B.V., DSM Polypropylenes B.V. (all in the Netherlands), DSM Polyolefine GmbH (DPO, Germany), and DSM Hydrocarbons Americas Inc and DSM Polypropylenes North America Inc in the United States.
(Chemical Week 2002/4/10)
The acquisition includes capacity at DSM’s major petrochem complexes at Geleen, the Netherlands and Gelsenkirchen, Germany, as well as sales offices at Sittard, the Netherlands and other European locations. DSM’s technology licensing business Stamicarbon is also included in the deal.
NWE PE buyers await new regime after Sabic swallows DSM
Northwest European buyers of polyethylene are set to monitor market devlopments closely following Wednesday's announcement that Sabic has purchased Dutch petrochemical producer DSM.
(November 21, 2001)
ENI in talks with SABIC over
possible sale of its chemicals division
Italian oil and chemicals group ENI is in advanced talks with Saudi Arabian conglomerate Saudi Basic Industries Corp (SABIC) over the possible sale of its chemicals division. The management of ENI's chemicals division, Enichem, and SABIC had reached a key stage in discussions, which now hinged on whether SABIC would gain a 51 % controlling share in Enichem.
Chemical Week Apr 03, 2002
Sabic Delays Deal for Stake in Polimeri Europa
ENI (Rome), parent company of petrochemical maker Polimeri Europa, says Sabic has asked for more time to consider taking a stake in Polimeri Europa .
Separately, Sabic is “close to” buying DSM’s petrochemical operations for E1.6 billion, say recent European press reports.
European Chemical News. 22-29 April 2002
POLIMERI EUROPA TALKS Sabic decides against 51% stake
Saudi petrochemical group Sabic has terminated talks regarding the purchase of a 51% stake in Polimeri Europa from Italian energy group Eni.
San Antonio (Platts)--25Mar2002
Saudi petchem giant SABIC plots global growth strategy
Saudi Arabia's state-owned SABIC is embracing globalization as the basis of its long-term growth strategy, according to Nasser Al-Sayyari, president of SABIC's Basic Chemical Division, who spoke Monday at the NPRA IPC. Referring to the Sep 11 terrorist attacks and the current economic slump, Al-Sayyari said, "what we are seeing now is the downside of globalization". But there is still a larger upside, he noted. "International trade has become recognized as the driver of prosperity," he said. Accordingly, SABIC has mapped out a course for expanding beyond the Middle East and into Asia and Europe, as evidenced by its active exports to China and its current negotiations for acquiring Enichem.
European Chemical News. 1-8 April 2002
NGI could start by 2011
The Saudi Arabian Natural Gas Initiatives (NGI), core ventures 1-3, will yield petrochemical projects producing up to 3.5m tonne/year of ethylene and derivatives, estimates CMAI consultant Pat Rooney.
Core venture 1, led by ExxonMobil based at South Ghawar, North Rub Al'Khali, has already identified feedstocks to build more than 2m tonne/ year of ethylene and derivatives. Core venture 3, led by Shell based at Shaybah, South Rub Al'Khali, currently has feedstocks to produce at least 1m tonne/year of ethylene and derivatives. CMAI suggests crackers could come on stream by 2011.
Eight petroleum majors sign agreements for three giant gas projects
Saudi Arabia on June 3,2001 signed historic preparatory agreements with eight major international oil companies (IOCs) for three huge projects to help develop the Kingdom's natural gasresources. The Natural Gas Initiative (NGI) projects are in the north Rub' al-Khali and Shaybah areas in the Eastern Province and on the Red Sea in the northwest.
Core Venture-1 ExxonMobil 35%, Royal Dutch/Shell 25% , British Petroleum 25%, Phillips 15%
Core Venture-2 ExxonMobil 60%, Marathon 20% , Occidental 20%
Core Venture-3 Royal Dutch/Shell 40% ,TotalFina 30%, Conoco 30%
Chemical Week May 22, 2002
Saudi Firm Plans Three Units at Al Jubail Complex
Privately owned Yusuf bin Ahmed Kanoo Group (Riyadh, Saudi Arabia) says it will build a $30-million plant to produce 45,000 m.t./year of phthalic anhydride (PA) and 5,000 m.t./year of maleic anhydride (MA) at Al Jubail, Saudi Arabia.
The company says it also has secured land from the Royal Commission for Jubail & Yanbu for a grassroots, 500,000-m.t./year polypropylene (PP) plant at Al Jubail.
Saudi Sabic to launch 800 kt/yr PE complex in Al-Jubail in March
Saudi Arabia's Sabic plans to start up its two new 400,000 mt/yr polyethylene plants in Al-Jubail next month, a source close to the firm said Wednesday.
The plants would be able to produce linear low density polyethylene and high density polyethylene.
注 Petrokemya のプラント
うち 50%を Jubail Unitedが引き取り権を持つ。
Ma'aden and SABIC sign strategic partnership agreement
Dr. Abdullah Ibn Issa Al-Dabbagh, President and CEO of Ma'aden, and Mohamed Al-Mady, Vice-Chairman and CEO of SABIC today signed an agreement opening the way for the two companies to create a strategic joint venture in a phosphate minerals project.
Total capital investment in the project is SR13 billion. SABIC will have a thirty percent (30%) equity share with the seventy percent (70%) balance of ownership being retained by Ma'aden. The project aims to utilize phosphate reserves in the north of Saudi Arabia to produce phosphate fertilizers in the Minerals Industrial City at Ras Az Zawr
phosphate ore reserves in the North of the country will be
surface mined and have an estimated mineable resources of 1.6
billion tonnes in addition to further resources of 1.5 billion
Ma'aden was established as a Saudi Arabian joint stock company in March 1997 under Royal Decree Number M/17. Its purpose is to facilitate the development of Saudi Arabia’s non-petroleum mineral resources and to diversify the Kingdom’s economy away from the petroleum and petrochemical sectors. Ma’aden engages in the development, advancement and improvement of all aspects of the mineral industry, mineral products and by-products and related industries in Saudi Arabia. It encourages private sector participation in the development and production of all types of minerals, either independently or in joint ventures with foreign companies.
Oct. 22, 2007 Uhde
New contract for mega size ammonia plant in Saudi Arabia
Samsung Engineering Co., Ltd. of Seoul has commissioned Uhde to provide the licence and comprehensive engineering and supply services as part of a major plant contract for the engineering and construction of a turnkey ammonia plant. The contract, worth the equivalent of some US$950 million, was awarded to Samsung Engineering Co., Ltd. in South Korea by Ma'aden, the Saudi Arabian Mining Company.
The ammonia plant will form part of one of the world's largest fully integrated fertiliser production operations - a joint venture project between Ma'aden and Saudi Arabian Basic Industries Corp. (SABIC) to mine world-scale phosphate reserves in the north of the country to produce fertilisers at the new purpose-built processing facility in Ras Az Zawr, some 400km north-east of the Saudi Arabian capital Riyadh. The facility will also comprise a sulphuric acid plant, a phosphoric acid plant and two diammonium phosphate plants. The project, including the ammonia plant, is due for completion in late 2010.
Uhde's scope of services includes the process licence and basic engineering as well as the supply of special equipment for a single-train ammonia plant, which, with a production capacity of 3,300 tonnes per day, will be one of the world's biggest. For Uhde, the contract is worth a sum in the three-figure millions of euros.
SABIC seeks deals with Saudi Aramco
Saudi Basic Industries Corp. (SABIC) aims to develop chemical projects with state-owned Saudi Aramco, Saudi Arabia's al-Riyadh newspaper reported on Wednesday, citing SABIC's chief executive.
"We aspire to the emergence in the very near future of an alliance between Aramco and SABIC in the petrochemicals industry," Mohamed al-Mady said, according to the newspaper. The newspaper did not give details.
SABIC Chairman opens two new offices in China
His Highness Prince Saud bin Abdullah bin Thenayan Al-Saud, Chairman of SABIC (Saudi Basic Industries Corporation), has officially opened two new offices for SABIC in China; in Beijing and Shenzhen.
In combination with SABIC's existing offices in Shanghai and Hong Kong, SABIC has strengthened its position in the world's most important and fastest growing polymers market and can now provide even stronger support locally to its customers in China.
SABIC now has 11 offices in eight countries in Asia Pacific; in Beijing, Shanghai, Shenzhen, Hong Kong, Taipei, Tokyo, Seoul, Manila, Jakarta, Ho Chi Minh City and Singapore, where SABIC's regional headquarters is based.
March 19, 2014
SABIC Awards FEED Contract for Polyurethane Plant
Saudi Basic Industries Corporation (SABIC) and Dutch Shell Group awarded a contract for a jointly-owned polyurethane plant to be constructed at the Saudi Arabia Petrochemical Company (Sadaf) complex in Jubail.
Engineering firm KBR won the front-end engineering and
design (FEED) contract for the complex and the project’s budget is expected to
be $3 billion (SR11.3 billion). Currently planned units will provide the plant
with the capacity to produce toluene diisocyanate, methylene diphenyl diisocyanate,
polyol, and polyurethane.
SABIC & Shell progress on plans for
expansion at Sadaf joint venture
Saudi Basic Industries Corporation (SABIC) and Shell announced today that they are progressing plans for the expansion of various projects at the Saudi Petrochemical Company (Sadaf). The joint venture partners are also looking to expand their partnership beyond Saudi Arabia.
Both parties are developing a full range of polyols (a polyurethane building block) and styrene monomer propylene oxide (SMPO) plants at the existing Sadaf site, which is located in one of the world’s largest and most competitive petrochemical complexes – the Al Jubail industrial zone on Saudi Arabia’s eastern coast. SABIC and Shell will jointly conduct the necessary studies to implement the project.
The proposed full range of polyols and SMPO plants would be the first of their kind in the Middle East. The assets would employ Shell’s proprietary polyols and SMPO technologies to produce chemical building blocks for the polyurethanes industry and petrochemicals sector in the Middle East and beyond. The partners are committed to the polyurethanes, styrene, propylene oxide and derivatives sectors, and have access to leading technologies as major international suppliers.
Shell chemicals companies are among the leading suppliers of polyether polyols, with a product range and global reach unrivalled by most of our competitors. We support our high quality CARADOL* polyether polyols with professional sales staff, specialist technical services for key customers, and advice on health, safety and environment issues.CARADOL polyether polyols are derived from propylene oxide. They are organic materials with two or more alcohol end-groups (OH) and sometimes with micrometer polymer particles present in suspension. When polyether polyols and isocyanates are reacted together they form polyurethanes.
CARADOL polyether polyols are available in a wide range of molecular weights and it is this variety which gives rise to a wide range of processing and application possibilities.
TDI： トリレンジイソシアネート （2,4or2,6-Tolylene diisocyanate）
MDI： ジフェニルメタンジイソシアネート（4,4'or2,4'-Diphenylmethane diisocyanate）
July 26, 2015 Bloomberg
Saudi Arabia’s Sabic Considering Shale Gas
Investments in U.S.
Saudi Basic Industries Corp., the world’s second-biggest chemicals manufacturer, plans to expand investment in U.S. shale gas projects through joint ventures, according to acting Chief Executive Officer Yousef al Benyan.
Sabic, as the company is known, signed an agreement with Houston, Texas-based Enterprise Products Partners L.P. to get shale gas, al-Benyan said in an interview in Riyadh. The company may use the feedstock in the U.S. or export it to other countries such as the U.K., he said. Sabic has converted crackers at U.K. plants to use shale gas as feedstock to produce olefins and their derivatives more competitively.
“The main areas in the U.S. we are looking to
invest in are the northeast and the south as they fit our overall expectations
including government support, labor laws and unions,” al-Benyan said. “At this
point we are not looking to acquire any U.S. companies.”
Sabic, which in 2007 bought General Electric Co.’s plastics unit for $11.6 billion, said in April it plans to expand in China and the U.S. because it’s difficult for the company to grow in Saudi Arabia due to a shortage of gas. The Marcellus shale formation spread across Pennsylvania, West Virginia and Ohio is America’s biggest natural gas producer, with output rising more than 14-fold since January 2007.
Sabic won’t be directly involved in Saudi Arabia’s shale production, he said. The discovery of shale gas in the country will “open up some opportunities for indirect investments for Sabic,” al-Benyan said.
Acting CEO of the organization Yousef
Abdullah Al-Benyan said that his company has plans to expand investment in the
US shale gas projects through joint ventures.
SABIC had signed an agreement with Houston, Texas-based Enterprise Products Partners L.P. to get shale gas. He said it may use the feedstock in the United States and export it to other countries, including the UK.
SABIC has converted crackers at the UK plants to use shale gas as feedstock to produce olefins and their derivatives more competitively.
He also pointed out that SABIC will not directly involve in the Kingdom’s shale production. He hoped that the discovery of shale gas in the country will pave the way for opportunities for indirect investments for SABIC.
August 24, 2017
Saudi Aramco, SABIC launch bidding at key chemical project
Saudi Aramco and Saudi Basic Industries Corp (SABIC) have launched bidding for engineering work on their joint crude oil to chemicals project, industry sources said, a key step towards developing the $20-billion-plus complex.
The project, known as COTC, the first major scheme to bring the two giants together, is expected to process Arabian Light and Extra Light crude oil, one of the sources told Reuters.
Several plants are expected to be built including a 400,000-barrels-per-day integrated crude distillation and vacuum unit, a distillate hydrotreater, a vacuum gas oil hydrocracker, a residual fluid catalytic cracking unit, a mixed feed cracker, as well as polyethylene, polypropylene, butadiene and aromatics recovery units.
Aramco and SABIC are still considering where to locate the chemicals site; at Yanbu, near a power plant; or in Jubail, close to Sadara, which is an Aramco joint venture with U.S. company Dow Chemical.
The closing date for bids for pre-front end engineering and design work (pre-FEED) and FEED for the COTC is Sept. 25, one of the sources said, adding that the plant is expected to be commissioned by the end of 2024.
Another source said pre-FEED is expected to be completed by late 2018, with FEED to be finalised by late 2019. Aramco and SABIC are expected to launch bidding for construction by mid-2020.
SABIC did not immediately respond to a Reuters request for comment. Aramco said it “declines to comment on rumor or speculation”.
Aramco’s chief executive has said it was a priority for the company to convert crude oil to chemicals as the state oil producer aims to diversify operations in the run-up to an initial public offering of shares next year.
Downstream, which covers refining and chemicals, will help Aramco boost value from hydrocarbons by securing revenue streams and become less vulnerable to oil price swings.
Analysts say the project will help reduce natural gas usage in petrochemicals at a time when the kingdom is trying to use more gas to generate power, rather than burning crude oil, as it seeks to diversify its energy mix.
“What is new and different is that the prices of crude and gasoline/diesel have come down more than petrochemicals. This makes the incentive to produce petrochemicals greater than to make gasoline and diesel,” Mark Routt, chief economist for the Americas at KBC Advanced Technologies, said.
“It certainly could usher in a new ’wave’ of investments in producing those petrochemicals,” he said.
The project is strategic for Saudi Arabia, which plans to expand further into the petrochemical chain to export more end products and grow beyond oil.
It is also crucial for Saudi Arabia's economic reform plan and could create as many as 100,000 jobs.
SABIC's CEO told Reuters in May that COTC could produce more than 18 million tonnes of materials yearly.
-------------------2016-06-30Saudi Aramco and SABIC announced on Tuesday the signing of heads of agreement to conduct a joint feasibility study on a fully integrated crude oil-to-chemicals complex. The heads of agreement also contains key principles of cooperation that will form the basis for the companies to establish a joint venture.
The prospect of a fully integrated crude oil-to-chemicals complex in the Kingdom of Saudi Arabia will support both SABIC's growth strategy and Saudi Arabia's Vision 2030, and further enhance the relationship between Saudi Aramco and SABIC, SABIC's Chairman said.
Prince Saud bin Abdullah bin Thenayan Al-Saud, who is also the Chairman of the Royal Commission for Jubail and Yanbu, said: "The agreement compliments our growth strategy to become the preferred world leader in chemicals, supports our leadership's vision for Saudi Arabia to be a pioneering and successful global model of excellence, and enhances the historically strong relationship between Saudi Aramco and SABIC."
He added, "SABIC's 2025 strategy is a map that shows us how to become more global, more distinctive in our product offering, and more integrated in our operations. This announcement is another major step toward achieving this goal; this project will positively reflect on the local market through creating more business opportunities, high-value job creation, and technological innovation. By working together, Saudi Aramco and SABIC are supporting the Kingdom's economic transformation and creating 'Chemistry that Matters' for future generations."