Apr 1, 2010          ブログ

Celanese and SABIC Announce Polyacetal Expansion in Middle East

Construction of 50,000 ton facility in the region to support future growth of polyacetal industry;
Advantaged raw material position to support Ibn Sina joint venture and POM production

Celanese Corporation, a leading, global chemical company, and Saudi Basic Industries Corporation (SABIC) today announced their National Methanol Co. (Ibn Sina) joint venture will construct a 50,000 ton polyacetal (POM) production facility in Saudi Arabia. The investment supports accelerated future growth plans for Celanese's Advanced Engineered Materials segment, specifically its Ticona Engineering Polymers business, as it delivers innovative solutions for POM customers; and SABIC, in support of its regional business development. Engineering and construction of the facility is expected to begin later this year.

Construction of the facility is part of an extension of the Ibn Sina joint venture, which will now run through 2032. Ibn Sina produces
methanol, a key feedstock for POM production, as well as methyl tertiary-butyl ether (MTBE). Through Ibn Sina, Celanese strengthens its raw material and energy positions.

Celanese, SABIC and Duke Energy Corporation entered into the Ibn Sina joint venture in 1981. Celanese and an affiliate of Duke Energy each hold a 25 percent interest in the venture, with the remaining 50 percent held by SABIC. Upon successful startup of the POM facility, Celanese's economic interest in Ibn Sina will increase from 25 percent to a total of 32.5 percent, providing further financial benefits for Celanese. SABIC's economic interest will remain unchanged. Over the past three years, Celanese has received approximately $238 million in dividends from the venture.

Total invested capital in the project is expected to be approximately $400 million.

The engineering and construction of the facility is expected to begin by 2011. The facility is envisaged to go on-stream by 2013, using methanol already being produced by IBN SINA. This represents a key feedstock for the production of POM, an engineered performance chemical product specifically used in automotive industries as well as in mechanical and construction fields. It also has many other industrial applications.

The new facility will boost SABICs position in the performance chemicals industry as an important part of its 2020 strategic plan. It also provides wider prospects for the Saudi national downstream industries to enter automotive and other advanced industries.


2010/4/1 SABIC 

SABIC strengthens technological achievements by developing advanced polypropylene catalyst

As a result of its commitment to innovation, Saudi Basic Industries Corporation announces its development of a more advanced technology for the manufacture of polypropylene. This is a
fourth generation catalyst which can be used in several vital applications, the most important of which are packaging, carpets, piping, and automotive parts.


This catalyst is a technological breakthrough, being the first of its kind developed in the Gulf and Middle East. Experiments conducted by SABIC at its plants Saudi Arabia and Europe confirm the catalysts ability to provide impressive results, making it superior to other catalysts currently used in the same area. This discovery will contribute to increased productivity, enhanced quality and new product development. It opens many windows for possible future application.

The new catalyst has been applied commercially in the SABIC affiliate,
Saudi European Petrochemical Company (IBN ZAHR), and has demonstrated superiority over the previously used catalyst. By using the catalyst, production reached nearly 30,000 tons of polypropylene as at end of March 2010. This quantity was sold to local and international markets.

Mohamed Al-Mady, SABIC Vice Chairman and CEO praised the dedication of employees at the company
s Technology & Innovation division, saying Your efforts have yielded this milestone, which is in line with the corporate goals and strategic plans of strengthening our position among the worlds leading petrochemical companies.He continued, I can assure you that SABIC continues to improve its working environment in order to advance innovation and creativity in all the company's sites around the world.

Mr. Al-Mady added, This milestone reflects constructive cooperation between SABICs different sectors working as an integrated team. This will add economic value and strengthen SABICs competitive position in the polypropylene industry and further its long-term relationships with its customers.

SABIC, which is the worlds sixth largest petrochemical company, is also the worlds fourth largest producer of polypropylene.

Apr 3, 2010 Reuters 

Saudi SABIC-Japan JV starts output at expanded unit

Saudi Basic Industries Corp 2010.SE (SABIC) said it started on April 1 commercial production at a 2.8 million tonne expansion of a petrochemical joint-venture with Japanese partners including Mitsubishi.

In a statement posted on the bourse website, SABIC -- the world's biggest chemical firm by market value -- said the third expansion phase of Sharq would bring the overall capacity of the complex to 5 million tonnes per year.

Sharq is a joint venture equally owned by SABIC and SPDC Ltd, a Japanese consortium led by the government of Japan and a consortium of companies led by Mitsubishi.


 三菱商事や三菱化学など三菱グループがサウジアラビア東岸で同国政府系企業と進めてきた石油化学合弁工場の増設工事 が完了、1日に商業生産を開始した。サウジ側パートナーであるサウジ基礎産業公社(SABIC)が3日発表した。石化製品の基礎原料となるエチレンを、日本の生産量の2割近い年間130万トン生産できる設備などを新たに加えた。

 完工したのは三菱グループとSABICが折半出資するイースタンペトロケミカル(通称シャルク)の石化コンビナート増設工事。シャルクは日 本とサウジの国家プロジェクトとして設立され、1987年に稼働を開始した。その後2度の増設を経て、2005年からエチレンやエチレングリコール、ポリ エチレンなどのプラント新設工事を進めてきた。

Ethylene 1,300
EG  700
LLDPE  400
HDPE 400


April 20, 2010 U.S.-Saudi Arabian Business Council

SABIC Plans Iron and Steel Plant in Jubail Industrial City

SABIC has announced that it will build a new iron and steel plant with an annual capacity of
one million tons in Jubail Industrial City by 2012.

SABIC increased its iron and steel production by 7 percent and captured 62 percent of the local market in the first quarter of 2010. A recent 35 percent rise in steel prices to $187 (SR700) per ton may make the venture even more profitable.

2010/4/20 SABIC

SABIC signs agreement with KAUST to launch new research and innovation center

Saudi Basic Industries Corporation (SABIC) signed today a long-term research and innovation agreement with King Abdullah University of Science and Technology (KAUST). The agreement calls for the construction of the SABIC Research and  Innovation Center at University campus,  scheduled to begin operations in 2012.

The agreement, signed on behalf of SABIC by Dr. Abdulrahman bin Saleh Al-Ubaid, Executive Vice President, Technology and Innovation, and on behalf of KAUST by Dr. Mohamed Samaha, Senior Vice President for Economic & Technology Development, creates the framework whereby SABIC provides construction funding for the SABIC Research  and Innovation Center, as well as support for research on the jointly agreed industry/academic projects to be undertaken there.

HH Prince Saud bin Abdullah bin Thenayan Al Saud, Chairman of the Royal Commission of Jubail and Yanbu and SABIC Chairman, expressed his pride in the cooperation and noted that the long-term investment would bring excellent returns at both the scientific and economic levels - and show strong leadership in innovation that leads to economic development both domestically and globally.

Mohamed H. Al-Mady, SABIC Vice Chairman and CEO, commented on the agreement saying that cooperation between SABIC and KAUST would lead to many innovations and technical solutions that serve the industrial sectors in Saudi Arabia, the region and the world. He noted that the long-term cooperation with KAUST would also launch creative careers in research and technical fields and further strengthen SABICs leader position in technology and innovation fields for years to come.

KAUST President, Professor Choon Fong Shih, said, From its early commitment as a founding member of our Industrial Collaboration Program, SABIC has demonstrated its understanding of KAUSTs unique capabilities which enable us to build synergies among research, education, innovation and enterprise, as well as to harness science and technology to address global challenges of our time - for the benefit of the Kingdom and beyond.

SABIC joins a number of international institutions partnering with KAUST to support education and economic development through scientific innovation that will, over time, deliver advances conforming with the vision of the Universitys founder, Custodian of the Two Holy Mosques, King Abdullah Bin Abdulaziz Al Saud.

The SABIC Center for Research and Innovation will work to strengthen the collaboration and innovative goals shared by SABIC and KAUST, and employ between 100 and 150 scientists on research and technology projects, especially in the areas of catalysis, composites and membranes.
When completed, it will join two other technical centers now being developed in Shanghai (China) and Bangalore (India) as part of a global network numbering sixteen research centers.

The signing of the agreement happened simultaneously with the start of a two-day global technology leadership review at KAUST. Technology leaders from Saudi Arabia, Europe, America and Asia reviewed the research centers and capabilities at KAUST, especially in the field of sustainability.

SABIC Innovative Plastics
  Global Application Technology Center 

Application Development Center   Southfield, Mich, USA
Polymer Processing Development Center   Pittsfield, Mass, USA
European Processing Center   Bergen op Zoom, the Netherlands
Europe Technology Center   Munich, Germany
China Technology Center   Shanghai, China
Welch Technology Center   Bangalore, India
Moka Technology Center   Moka, Japan


August 29, 2010 

Sabic Signs Technology Licensing Agreement With Germanys Lurgi

Saudi Basic Industries Corporation (SABIC), announced Sunday that it has signed an agreement with Lurgi GmbH, a German firm, for the technology licensing and engineering that will allow SABIC to produce
oleo-chemicals at its affiliate, Saudi Kayan Petrochemical Company (Saudi Kayan), following the completion of new facilities to be constructed in Jubail, Saudi Arabia.

Start up of the new production line is planned for the end of 2013 and will utilize renewable feedstock technology.
The feedstock used for this process is based on natural raw materials from renewable oils such as palm kernel oil and coconut oil. The use of renewable feedstock is part of SABICs overall commitment to sustainability and strong corporate citizenship,said SABIC Executive Vice President, Technology & Innovation, Abdulrahman Al-Ubaid.

SABICs diversification into oleo-chemical products is in line with the companys strategy and drive to increase its performance chemicals portfolio. SABICs expansion of the ethylene oxide derivatives business, with particular emphasis on ethoxylate surfactants, will further be strengthened through backward integration into natural fatty alcohols.

The new oleo-chemical plant will be the first of its type in the Middle East and includes an upstream natural acid unit, a wax-ester unit, a hydrogenation unit, a downstream natural alcohol fractionation and distillation line, as well as a complete glycerin line. The complex will be designed for the production of 83,000 tons per year of distilled natural alcohols of various compositions that are commonly used in household and laundry products, plasticizers, lube additives, plastic industries, cosmetics and personal care. Glycerin is used in food and beverage processing, personal care, pharmaceuticals and other applications.


Saudi Kayan, China's Sinopec sign natural alcohols plant deal

Saudi Kayan Petrochemical Co has signed a Saudi riyal (SR) 488m ($130.1m, €90.0m) contract with China's Sinopec Engineering Inc for the construction of a distilled natural alcohols plant at Al-Jubail in Saudi Arabia, Saudi Kayan said on Tuesday.

The plant will have a capacity of 50,000 tonnes/year and should be operational by the second half of 2013, added Saudi Kayan, which is 35%-owned by Saudi major SABIC.

Sinopec Engineering Inc, part of integrated petroleum and petrochemical company Sinopec, will supply detailed engineering and equipment and carry out the construction of the plant, Saudi Kayan said.

The plant, which will be the first of its kind in the Middle East, will meet part of SABIC's commitment to diversify into oleochemicals using renewable feedstocks and increase its performance chemicals portfolio, it added.

The renewable feedstocks process will be based on natural raw materials from renewable oils such as palm kernel oil and coconut oil.

Distilled natural alcohols are used in household and laundry products, plasticisers, lube additives, plastic industries, cosmetics and personal care products.


SABIC and ExxonMobil Elastomers Project joint venture moves into FEED stage

Saudi Basic Industries Corporation (SABIC) and affiliates of ExxonMobil Chemical announced that work on their proposed elastomers project joint venture has moved fully into Front-End Engineering and Design (FEED). 概念設計・FSの後に行われる基本設計

SABIC and ExxonMobil have selected Jubail Industrial City as the site for the new manufacturing units following a comprehensive evaluation of a number of variables, including integration opportunities with their existing petrochemical joint venture at KEMYA, to determine the best location for producing these specialty products.  

As previously announced, plans would establish a domestic supply of more than 400 KTA of rubber, thermoplastic specialty polymers (EPDM/TPE, TPO, Butyl, SBR/PBR) and carbon black to serve emerging local and international markets in Asia and the Middle East. The project also includes a vocational training institute and product application development and support center, which is aligned with Saudi Arabias National Industrial Clusters Development Program to grow and diversify the Kingdom's manufacturing sector. 
The project has reached the optimal industrial layout with the move to Jubail. During FEED both partners, SABIC and ExxonMobil, are targeting development of a globally competitive project with best-in-class industry cost.

サウジアラビア政府は、産業育成専門機関 “National Industrial Clusters Development Program (NICDP)”(国家産業クラスター開発計画庁)を設立し、海外企業の進出支援に力を入れています。


2011/5/11 SABIC

SABIC and ExxonMobil Chemical award contracts, sign technology agreements for proposed new elastomers project

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 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.

"This elastomers project will be the basis for the creation of a world-class rubber value chain in Saudi Arabia and a valuable extension of our offering of products and services to our customers in key markets," said Koos van Haasteren, SABIC executive vice president, Performance Chemicals.

In addition to supporting local industry, the expansion at the KEMYA joint venture in Al-Jubail would provide additional new capacity of butyl rubber and EPDM (ethylene propylene diene monomer) specialty elastomers to meet the growing global demand for these products,said Neil Chapman, senior vice president, Polymers, ExxonMobil Chemical Company.

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 Arabias National Industrial Clusters Development Program to grow and diversify the manufacturing sector in Saudi Arabia. 

Third-party license agreements have been signed with Continental Carbon Company for its carbon black production technology and with The Goodyear Tire & Rubber Company for its SBR and polybutadiene rubber technology.   

The University of Akron Research Foundation was selected to design, train and support the vocational training center, The High Institute for Elastomer Industries* , in Yanbu, Saudi Arabia.  The training center will utilize the University's expertise in polymer science and education to provide elastomers technology vocational training for workers to support a planned downstream elastomers conversion industry in Saudi Arabia.

Additionally, a separate product application development and support center will be part of the new SABIC facilities at the Riyadh Techno Valley research complex at King Saud University. 

The final decision to implement the elastomers project requires the approval of KEMYAs Board of Directors.


2011/5/16 SABIC

SABIC and ExxonMobils joint venture KEMYA signs agreements with Continental Carbon to furnish licensed technology and market part production

Saudi Basic Industries Corporation (SABIC) and ExxonMobil Corporations 50/50 joint-venture partner, Al-Jubail Petrochemical Company (KEMYA), signed a long-term technology licensing agreement with Continental Carbon Company for its production technology related to the construction and operation of a new greenfield carbon black plant at KEMYAs petrochemical complex at Al-Jubail, Saudi Arabia.   

KEMYA and Continental Carbon Company have also signed a long-term product off-take agreement in addition to the technology license. Under terms of the agreement, Continental Carbon will market part of the production of the new KEMYA carbon black plant to serve the local and international tire industry.

Continental Carbon Company is one of the worlds prominent carbon black manufacturers and its production technology has been successfully demonstrated in operating plants all over the world. Continental Carbon also has relationships with customers globally, making it well-positioned to market the KEMYA carbon black. Continental Carbon continues to grow its carbon black business globally, including this venture with respected leaders in the chemical industry.    

The final decision to implement the carbon black project requires the approval of KEMYAs Board of Directors.

2011/5/17 SABIC 

SABIC and Sinopec invest in polycarbonate plant with 260 kilo metric tonnes capacity in China

Saudi Basic Industries Corporation (SABIC) and China Petroleum & Chemical Corporation (Sinopec Corp.) today announced a memorandum of understanding (MOU) to collaborate on polycarbonate production in China.

This new agreement will add to SABICs joint-venture with Sinopec, SSTPC (Sinopec SABIC Tianjin Petrochemical Company). A joint investment between both companies will fund a new polycarbonate production plant with an annual capacity for 260 kilo metric tonnes. 

Fully operational since 2010, Tianjin-based SSTPC (a 50:50 JV and established in October, 2009) produces various petrochemical products, including Ethylene, Polyethylene, Ethylene Glycol, Polypropylene, Butadiene, Phenol and Butene-1, among others.

     エチレン 100万トン
      Gasoline Hydrogenation 65万トン
 LLDPE 30万トン       
HDPE 30万トン(INEOS Innovene S Process)
PP   45万トン(LyondellBasell Spherizone PP) 
EOG  42万トン(Dow技術)
     ブタジエン 20万トン
     MTBE 12万トン
-1 5万トン
PC   (FS中)

The new polycarbonate production plant will be located in SSTPC and is expected to be operational by 2015. It will leverage SABICs world-class advanced polycarbonate technology using phosgene and Dichloromethane 塩化メチレンfree process. The performance properties of purity, transparency and continuous process will bring local PC resin capabilities to a diverse customer base in China.

Sabic Innovative Plastics (formerly GE Plastics), Bayer, Asahi/Chi Mei and Mitsubishi Chemical/Mitsubishi Gas Chemical have independently developed and are using non-phosgene processes. In addition, Teijin and LG are also developing phosgene-free routes.

They all take the same overall approach where polymerisation relies on the transesterification エステル交換反応 of DPC with BPA.

Mohamed Al-Mady, SABIC Vice Chairman and CEO, said: This new and exciting milestone is a strong endorsement of our partnership with Sinopec.  Todays announcement will strategically position both companies as world-class producers of essential petrochemical supplies to meet increasing global demands for customers in China. Importantly, this agreement has set the stage for further growth in high-performance engineered thermoplastics.

Wang Tianpu, Vice Chairman and CEO of Sinopec said: Sinopecs agreement on polycarbonate collaboration is another fruition of the deep and productive partnership with SABIC. Our partnership with SABIC is a good showcase of the close trade ties between China and Saudi Arabia. This investment plays critical role in perfecting our value chain and in enhancing our competitiveness. The project will drive local economic development, satisfy growing demands for polycarbonate in Asia Pacific and has significant importance to Chinese Petrochemical industry and local industry in Tianjin.

Polycarbonate is an essential plastic used for producing components for automotive parts, compact discs, and a variety of consumer products as well as other industrial components.

Today, SABIC in Asia has seen strong double digit growth, with 41 offices, 10 manufacturing sites and 5 Technology & Innovation Centers across 13 key Asian markets servicing a portfolio of customers across diverse industries.


2011/5/17 SABIC

SABIC Accelerates Growth in Asia with Key Investments in Polycarbonate and new Technology & Innovation Centers
  New investments reflect Asia as the fastest-growing region for SABIC globally

Saudi Basic Industries Corporation (SABIC) today reiterated its commitment to growing its presence in Asia with new investments of two Technology & Innovation Centers in China and India, and a new project to produce polycarbonate (PC) in China. 

SABIC Chairman, His Highness Prince Saud bin Abdullah bin Thenayan Al-Saud commented from Guangzhou, Guangdong, These new investments reflect SABICs dedication to further expand our home market in Asia and highlights the importance we attach to our customers, partners and employees. In addition to these investments, SABIC is constantly improving assets, expanding offices across Asia, exploring other opportunities, and seeking new partnerships.”  Prince Saud is currently visiting China for a series of high-level meetings with officials from the private and public sectors and supporting SABICs participation in Chinaplas 2011.

Asia is SABIC's fastest growing region with strong double digit growth since its establishment in 1985 and it has clearly become the most important engines of growth for SABIC globally.

Our strong presence in Asia reflects our ambition to be the preferred petrochemical supplier in this important region. SABIC has embarked on a series of infrastructure expansions as part of our growth plans here. These include our offices, manufacturing and Technology & Innovation operations across 13 key markets, supported by 2,000 employees. Our focus remains on helping our customers create products that would improve the quality of life around the world,said Mohamed Al-Mady, SABIC Vice Chairman and CEO, at a media conference held alongside Chinaplas 2011.

Commitment to local partnerships
A key milestone of these new investments is the signing of a memorandum of understanding (MOU) with Sinopec to collaborate on PC production with an annual capacity of 260 kilo metric tonnes in China. The new PC production plant will be located in Tianjin-based SSTPC (SINOPEC SABIC Tianjin Petrochemical Company) and is expected to be operational by 2015.

This MOU further strengthens SABICs partnership with SINOPEC, which started in October 2009 with the establishment of SSTPC. Fully operational since 2010, SSTPC produces key petrochemical products to customers across diverse industries in China.

Expanding T&I and operations
SABIC is strengthening its presence in the regions with two upcoming
Technology and Innovation (T&I) centres strategically located in China and India.

The T&I centre in Shanghai, China will house the new Greater China Regional Headquarters (RHQ) occupying 60,000 sqm.  This Centre will oversee regional operations, sales and marketing, and spearhead research and development of new and innovative petrochemical products for Asia.

While the T&I centre in Bangalore spanning 187,000 sqm focuses on diverse areas of research. Both centres are expected to be operational in 2013.


2011/6/15 SABIC 

SABIC signs technology agreement with Montefibre for fully integrated world scale carbon fiber project in Saudi Arabia

Saudi Basic Industries Corporation (SABIC) announced today that it has signed a technology agreement with Montefibre S.p.A (Montefibre) granting SABIC and its affiliates an extensive international licence on carbon fiber technology developed by Montefibre. SABIC will first use the technology for a new carbon fiber plant to be built in Saudi Arabia. This plant demonstrates how SABIC continues to add innovative new specialty products to its offering. It will enable SABIC to serve the growing demand for carbon fiber and composites in such fast-growing markets as alternative energy, transportation and infrastructure.

SABICの計画:投資額 32億ドル

 MMA  250千トン  三菱レイヨンとJV Saudi Methacrylates Company
 PMMA   30千トン
 アクリロニトリル  200千トン  旭化成とJV Saudi Japanese Acrylonitrile Company
 青酸ソーダ   40千トン
 ポリアクリロニトリル   50千トン  
 ポリアセタール   50千トン  
 カーボンファイバー   3千トン  

2009/5/11  サウジのSABICSipchem、新プロジェクトで相互協力の覚書

SABIC and Montefibre also signed a Memorandum of Understanding  for the companies to study the feasibility of a new carbon fiber production plant in Spain to be integrated into Montefibres existing acrylic fiber production site-and thus allowing SABIC to accelerate product development and material qualification activities with customers and end-users.

Once complete, the carbon fiber project is expected to establish a domestic supply of more than 3,000 metric tons of industrial grade carbon fiber to serve emerging local markets in the Middle East as well as international markets.

Commenting on SABICs commitment to enter the carbon fiber market, Koos van Haasteren, Executive Vice President, Performance Chemicals, said, This carbon fiber project will be the basis for the creation of a world-class carbon composites value chain in Saudi Arabia and a valuable extension of our offering of innovative products and services to our customers in key markets. We are looking forward to developing many new and exciting applications as we grow our ability to supply competitive industrial grade carbon fiber products.

Commenting on SABICs decision, Emilio Boriolo, Montefibre President and CEO, added We are very proud of this opportunity of technical partnership with SABIC. Montefibre will bring in its experience and enthusiasm to help SABIC reach its ambitious goals.  I wish that the success of this initiative will result in  further collaboration between our companies.

The project will also include the creation of a new carbon fiber product development center and composite plastics application development capabilities at the SABIC Plastics Application Development Center (SPADC) which is currently under construction at the Riyadh Techno Valley research complex at King Saud University. Both the carbon fiber production plant and the SPADC capabilities are aligned with Saudi Arabias National Industrial Clusters Development Program to grow and diversify the manufacturing sector in Saudi Arabia.

Derek Buckmaster, General Manager Functional Polymers, also highlighted: Carbon fiber is a product which will offer our customers great value and will enable them to achieve their sustainability targets. For example, reductions in greenhouse gas emissions in transportation markets such as automotive, heavy trucks and rail are enabled by weight reductions from utilizing lightweight carbon fiber composites.

He further noted that the fibers and derivatives introduced by this project will allow SABIC to serve growing markets for traditional thermoset-based composites, and also enable SABIC to utilize its deep expertise in thermoplastic technologies to develop a broader range of short cycle-time composite solutions-all of which promotes the use of carbon fiber composites in applications that have not been able to benefit from the intrinsic strengths of carbon fiber composites.


1972年にMontedison の繊維関連企業を統合して設立、その後、各事業を分離。現在はアクリル繊維のみ。
100%子会社Montefibre Hispaniaで年産95千トン
Jilin Qifeng Chemical Fiber (吉林奇峰化繊)との50/50JVのJilin Jimont Acrylic Fiberで年産100千トン

September 8, 2011 European Plastic News

Sabic takes share in German auto firm Inpro

Plastics materials supplier Sabic is becoming a shareholder in Inpro, a German automotive technology and innovation company, the two companies announced at a briefing in Berlin Wednesday.

Sabic VP Automotive Greg Adams said the full agreement should be effectively closed “sometime in October”, while a joint communication says it will officially close before the end of the year, subject to regulatory approval.

The other shareholders in Inpro are automotive OEMs Daimler and Volkswagen, electrical and electronics company Siemens, steel company ThyssenKrupp and the federal German state of Berlin.

Plastics and paint materials supplier BASF was a shareholder in Inpro - through BASF Coatings - from 2001 until the end of 2010. IWKA group, which owns robotic specialist company Kuka, has also been a past shareholder in Inpro.

Inpro helped BASF develop back-moulded painted film mouldings that match painted steel bodywork. In 2008, this technique was applied to the black thermoplastic injection moulded roof element, made by Decoma, between the windscreen and roof opening of the VW Passat CC car.

Inpro’s projects have also included optimisation of online painting process chains and simulation of sheet metal forming.

Günter Walz, a vice president at Mercedes-Benz, represents Daimler on the Inpro supervisory board, and at the briefing he welcomed Sabic as shareholder, highlighting the company’s involvement in glazing and lightweight composite solutions.

Walz told European Plastics News that a lack of simulation software for carbon fibre composites has limited the wider use of it in cars. Also, the automotive industry would prefer the cycle time for epoxide resins cut to several seconds, rather than minutes.

Although stakeholder ThyssenKrupp did not attend the Berlin briefing, a statement in connection with the event noted the potential for “R&D in plastic/metal hybrid components” through Sabic’s shareholding in Inpro.

Inpro was established in 1983, when BMW and Berlin Technical University were among the founding shareholders. The company has around 100 employees today and public records show €5.9m turnover in 2010, compared with a peak level of €7.4m in 2008. 2010 turnover was made up of €4.7m for joint Inpro partner projects, €1.4m for direct contracts and €0.972m for projects supported by public funds.

At the Berlin briefing, Inpro managing director Gerd Eßer said that the accumulated value of development work performed by Inpro has amounted to €170m since the company was founded.

Eßer said that projects are now very much focused on electro-mobility and new automotive drive systems such as batteries and fuel cells.

Walz rejected a suggestion that the announcement the previous week of an exclusive development co-operation between Daimler and BASF on the Smart Forvision car could conflict with Sabic and Daimler’s involvement as Inpro shareholders.

He added: “Partner projects will only involve those things that do not mean competitive disadvantage in innovation platforms. It is more about opportunity than risk”.

Finally, Adams stressed that Sabic is widening its already wide plastics product portfolio beyond its traditional engineering thermoplastics and polyolefin materials. The company is now looking at new acrylic, carbon fibre composite and elastomeric materials.


PLASTICS: SABIC Buys into Germany's Inpro

From Europe this morning comes news that Saudi Arabia-based SABIC has agreed to become a stakeholder in German automotive technology specialist Inpro.  PRW.com reports that at a briefing held in Berlin yesterday, SABIC's v-p of automotive, Greg Adams, said an agreement should be concluded sometime in October, although a joint communication stated it would be concluded before year-end.

Both Daimler and Volkswagen are also shareholders in Impro, along with Siemens and ThyssenKrupp and the German State of Berlin.  It would appear that SABIC's involvement in the firm is aimed at development of carbon fiber composites and research into plastic/metal hybrid components.  According to PRW.com, Gunter Walz, a v-p at Mercedes-Benz that represents Daimler on the Inpro supervisory board, highlighted SABIC's involvement in automotive glazing and lightweight composite solutions.  Walz is reported to have told European Plastics News that a lack of simulation software for carbon fiber composites has limited wider use of the material in cars. 

While a representative of ThyssenKrupp did not attend the briefing, the company provided a briefing note that highlighted the potential for R&D in plastic/metal hybrid components. 

Inpro Managing Director Gerd Eßer told attendees that current projects are highly focused on electro-mobility and new automotive drive systems such as batteries and fuel cells. 

At the briefing, SABIC's Adams emphasized that his company is widening its already wide plastics product portfolio beyond its traditional engineering thermoplastics and polyolefin materials and now looking at acrylic - carbon fiber composite and elastomeric materials.

Indeed, last April SABIC, Asahi Kasei Chemicals Corp., and Mitsubishi Corp. announced they had signed an agreement to form a joint venture to manufacture acrylonitrile (AN) and sodium cyanide (NaCN).  The j-v company, operating as Saudi Japanese Acrylonitrile Co., will construct manufacturing facilities at Jubail Industrial City in Saudi Arabia with each of the partners handling their respective sales and distribution.

Commenting on that project at the time, SABIC Vice Chairman and CEO Mohamed Al-Mady said, “"A key driver for the project is Saudi Arabia’s National Industrial Clusters Development Program aimed at growing and diversifying the Kingdom's manufacturing sector.”  He also noted that “AN and NaCN are very important chemicals for downstream diversification into Acrylonitrile Butadiene Styrene (ABS), Carbon Fiber, Acrylic Fiber, Acrylamide and others which serve various industries such as automotive, construction, water treatment, oil recovery, personal care, consumer goods, pharmaceuticals, electronics, gold mining and many others. “



We transfer results dynamically and flexibly from research to industry.

Our goal is to research, develop and utilise advanced production systems, in particular for the automotive industry.

This allows us to provide you with a technological advantage in the key competitive factors of costs, time and quality.

INPRO Innovation company for advanced production systems in the automotive industry

INPRO Innovationsgesellschaft für fortgeschrittene Produktionssysteme in der Fahrzeugindustrie is a joint venture by the companies Siemens, ThyssenKrupp, Daimler and Volkswagen. The Federal State of Berlin has also held shares in the company since its foundation in 1983.

The primary objective is to drive innovations in production engineering forward and to transfer research results to industrial applications. Our partners in cooperation projects benefit from obtaining and building on technological advances in production. Our international clients in science and industry are therefore able to access a unique portfolio of skills and take advantage of INPRO's extensive expertise when introducing and implementing production innovations in the automotive industry.

Achieving this goal starts with the search, identification and evaluation of ideas and innovative impulses, and leads to the development of user-oriented solutions, their exemplary implementation and support right through to their deployment at partners’ or other customers' sites. The joint work of all involved parties on ideas and their implementation within the network results in an advance in knowledge, which is difficult to copy and therefore leads to sustainable competitive advantages.

INPRO project work is performed in four areas of competence

• Process simulation,
• Production systems and information processes,
• Manufacturing and automation technology and
• Layering and fastening technologies

and is supplemented by the Technology Watch Group. At this time, INPRO employs about 60 technical/scientific employees, supported by around 30 part-time employees. Practical work is carried out in INPRO's own testing facility. Turnover amounts to roughly 7 million euros.

Among our clients and partners:

• Audi
• AutoForm
• Bosch
• Daimler
• ESI Group
• Medav
• Siemens
• Skoda
• ThyssenKrupp
• Volkswagen

as well as numerous partners in research and development (BAM, DKFI, Fraunhofer Institute, etc.).

December 24 2012    

SABIC units ink deal to build Jubail plant

Two affiliates of Saudi Basic Industries Corp (SABIC) have signed initial deals to build an ultra-high molecular-weight polyethylene (UHMWPE) plant in Jubail, Saudi Arabia's major industrial hub, Saudi Kayan said on Monday.

Saudi Kayan and Petrokemya will equally own and finance the project, located at Kayan's petrochemicals complex, Kayan said in a statement to the Saudi bourse, without giving a cost figure.

The plant will have production capacity of 35,000 tonnes per year and is expected to start production in the second half of 2014. UHMWPE is used in industrial applications including batteries and industrial fibres.

Kayan said in April that the plant would use ethylene from its olefins plant and in June, US firm Jacobs Engineering said it would conduct engineering and design work for the plant.

2013/5/23 AMEinfo 

SABIC opens its first engineering thermoplastics and polypropylene compounding facility in Jubail

Saudi Basic Industries Corporation (SABIC) has further demonstrated its national growth commitment by opening its first engineering thermoplastics compounding facility as well as a new polypropylene compounding (PPc) plant, at its manufacturing affiliate, Saudi Specialty Chemicals Company (SPECIALTY CHEM), in Jubail, Saudi Arabia.

PETROKEMYA, 99%, and SABIC Industrial Investments Company 1%
製品:Tri-Ethyl aluminum (TEAL), TPO/PP Compounds, PC Compounds, ABS Compounds, and Specialty Products

These new facilities in conjunction with initiatives like the National Industrial Cluster Development Programme (NICDP) will help create jobs and act as a catalyst, generating new opportunities in downstream industries such as building & construction, automotive, electrical, healthcare and appliances.

With the goal of enabling customers to further differentiate their products and brands from competition, these facilities will make it easier to access a diverse material offering, provide local options for custom color matching and provide the potential for shorter lead times.

As a result, SABIC customers can continue to move forward to solve the ever-changing needs and challenges in their dynamic industries.

"These new facilities allow SABIC to further enable its customers' success by providing them greater access to the diverse portfolio of unique products from SABIC's Innovative Plastics business, and helping them to deliver further differentiated solutions to the market. Both the engineering thermoplastics compounding and polypropylene investments bring SABIC closer to its customers in the Middle East, Africa, Turkey and India, enabling them to get to market faster," said Mohamed Al-Mady, SABIC Vice Chairman and CEO.

In the initial phase, the engineering thermoplastics compounding plant will produce SABIC's LEXAN, CYCOLOY, XENOY and VALOX resins. These are commonly used engineering thermoplastics spanning multiple industries from consumer electronics to healthcare, from transportation to building and construction.

The PPc plant will produce glass, chalk and talc filled grades that will strengthen SABIC's global footprint and serve customers in auto and non-auto sectors.

August 6th, 2013 albawaba.com 

American Firm to own 25% of Giant Saudi Phosphate Joint Venture

US-based Mosaic, a top producer of phosphate and potash, will own 25 per cent of a new phosphate production joint venture in Saudi Arabia with Saudi Arabian Mining Company (Ma'aden) and Saudi Basic Industries Corporation (Sabic).

The companies, which signed the shareholders’ agreement recently, have been working toward the agreement since a Heads of Agreement was signed in March.

Ma'aden, Mosaic and Sabic will own 60, 25 and 15 percent of the joint venture, respectively, a statement said.

The estimated $7 billion greenfield project, to be known as Wa'ad Al Shamal, or Northern Promise, Phosphate Project, will be built in the northern region of Saudi Arabia at Wa'ad Al-Shammal Minerals Industrial City, and in Ras Al Khair Minerals Industrial City which is located on the east coast of Saudi Arabia.

The highly cost-efficient project is expected to have a production capacity of 3.5 million tonnes of finished phosphate per year. Operations are expected to commence in late 2016.

Under the terms of the agreement, Mosaic will contribute expertise to the design, construction and operations of the new facilities and acquire a 25 per cent ownership stake.

In connection with its equity share, Mosaic will market approximately 25 per cent of the joint venture's product, including phosphate fertilizer and animal feed. Subject to final financing terms, Mosaic's cash investment is expected to be up to $1 billion, funded over a four-year period beginning in 2013.

The plant will produce about 3 million tonness of fertiliser products, as well as 440,000 tonnes of downstream products including purified phosphoric acid used in food industries, sodium tripolyphosphate used in detergent manufacturing, and dicalcium phosphate & monocalcium phosphate used in producing animal feed, according to a report in Arab News.

"We are pleased with the progress on our joint venture with Ma'aden and Sabic," said Mosaic president and chief executive officer Jim Prokopanko.

"This cost-effective project will allow Mosaic to extend our ability to serve key growing agricultural markets. Our growing global reach further enables us to fulfill Mosaic's mission, to help the world grow the food it needs, while delivering compelling shareholder value

2013/8/21 ameinfo.com

World's largest CO2 purification and liquefaction plant to be built at SABIC affiliate, UNITED

The United Jubail Petrochemical Company (UNITED), a manufacturing affiliate of the Saudi Basic Industries Corporation (SABIC), has awarded the Engineering, Procurement and Construction contract for its Carbon Dioxide Utilization Project to Germany's The Linde Group to build the world's largest CO2 purification and liquefaction plant.
The plant will be designed to compress and purify about 1,500 tons per day of raw carbon dioxide coming from ethylene glycol plants.

The purified gaseous CO2 will be supplied through pipes to three SABIC-affiliated companies for enhanced methanol and urea production.

Methanol is a basic commodity for the chemical industry, and urea is used for fertilizer production. An estimated 500,000 tons of CO2 emissions will be saved each year.

Yousef Al-Zamel, SABIC Executive Vice President, Chemicals Strategic Business Unit, said, "The project will contribute significantly to SABIC's growth strategy. It will add to SABIC's business portfolio of industrial gas products. This is the first of many other similar projects to be executed next year."

The plant will also be capable of producing 200 tons per day of liquid CO2 with food grade quality which will be stored and thereafter supplied by truck to the beverage and food industry. It is the first carbon capture and utilization (CCU) project to be realized in Saudi Arabia. The reduction of CO2 emissions is an important aim in SABIC's sustainability strategy.

Jubail United Petrochemical Company
PARTNERSHIP SABIC (75%), Pension Fund (15%), General Organization of Social Insurance (10%)
記事 設立



linear alpha olefins






50% ownership in a 800,000 mt/y



2008/8/25 三井化学 CO2からのメタノール合成プロセスの実証パイロット設備建設について

November 7, 2013  arabnews

Saudi Kayan drops plans to build new petchem plant

Saudi Kayan has dropped plans to build an ultra-high molecular-weight polyethylene (UHMWPE) plant in Jubail, one of Saudi Arabia’s major industrial hubs, it said.
In 2012, Kayan and Petrokemya, both affiliates of Saudi Basic Industries Corp. (SABIC), signed a memorandum of understanding to equally own and finance the project, located at Kayan’s petrochemicals complex.

Kayan said in a statement on the Saudi bourse that preliminary results of an economic feasibility study were not in line with the company’s growth plans.
It did not say if the decision was taken jointly with Petrokemya.

In its 2012 announcement, Kayan said the plant would have production capacity of 35,000 tons per year and start production in the second half of 2014. No financial estimates were given.

UHMWPE is used in industrial applications including batteries and industrial fibers.

Nov 29 2013 SABIC 

SABIC reaffirms commitment to India and innovation; HH Prince Saud inaugurates a major new technology center in Bengaluru

Prince Saud bin Abdullah bin Thenayan Al-Saud, Chairman of SABIC and Chairman of the Royal Commission for Jubail & Yanbu, officially opened the company’s state-of-the-art SABIC Technology Center (STC) in Bengaluru (Bangalore), India today in a ceremony which marks a significant milestone for SABIC in India. The center, built with an initial investment of US$ 100 million, is one of 17 SABIC global R&D centers of excellence. The STC, with an area of 187,000 sqm, is home to over 300 scientists from India – a critical mass of some of the best and brightest talent from this vibrant country.

In welcoming the state Governor, Government Ministers, state and national government officials to the inaugural event, Prince Saud thanked all for their efforts in helping create a cutting-edge research facility in Bengaluru and said, “We are extremely proud to be here, in a city that is a world-renowned center for technology in India.  Saudi Arabia and India have a long history of deep relationships.  We believe in the future of India – a rapidly developing nation where partnership and inclusive development is a priority.  India is an important market for us in Asia, which is why our investment here is significant.”

From SABIC’s perspective, the key to success here involves partnership and cooperation among governments, scientists and the business sector to promote science, technology and innovation. Today, we are joined by our valued customers and business partners to achieve long term success.

Echoing Prince Saud’s comments, Mohamed Al-Mady, Vice Chairman and CEO said, “SABIC as a company grounded in developing material solutions has innovation, ingenuity and collaboration at its core, helping us to achieve a deeper understanding of our customers and their business. This major center in Bengaluru is an integral part of our global R&D strategy.  In this center the  scientists here are carrying out cutting-edge research into new platforms for next-generation materials across industry sectors including Construction, Clean Energy, Electrics and Electronics, Medical Devices, Transportation. Other initiatives include designing greener building materials to reduce environmental footprints and developing eco-friendly products in response to global megatrends and needs.”

The inauguration ceremony was presided over by Chief Guest, Governor of Karnataka, Dr. Hans Raj Bhardwaj and also Guests of Honor – Honorable Union Minister of Minority Affairs Shri K  Rahman Khan, and Honorable Minister of State (Independent Charge) Shri Srikant Kumar Jena, Ministry of Chemicals & Fertilizers; Statistics & Programme Implementation, Government of India, along with several senior government officials, customers, academia, business partners, and employees. 

Speaking at the event, Honourable Minister of State (Independent Charge) Shri Srikant Kumar Jena, Ministry of Chemicals & Fertilizers; Statistics & Programme Implementation Government of India, said, “SABIC’s investment in Bengaluru further strengthens the long standing relations between Saudi Arabia and India, and we welcome more partnerships from other companies from the Kingdom.”

The STC Bengaluru – Innovating for tomorrow’s needs

Alongside another technology center slated to open in China in early December, the Bengaluru facility builds on SABIC’s two existing dedicated application centers in the region – one in Moka 真岡, Japan, and the other in Sungnam, South Korea. With these centers, SABIC has 17 Technology & Innovation facilities globally including its centers in Saudi Arabia, the USA, the Netherlands and Spain. 

Ernesto Occhiello, SABIC’s Executive Vice President, Technology and Innovation, said: “We are gathering some of the best and brightest talent from India to shape the future of our R&D efforts. Both centers together host a critical mass of professionals and are an indication of SABIC’s commitment to be the preferred technology partner for Asian customers as well as the employer of choice for the best talent from the region.”

Janardhanan Ramanujalu, Vice President, SABIC South Asia & ANZ said: “The launch of the SABIC Technology Center in Bengaluru is a clear reflection of SABIC’s commitment to India, and is a very important milestone for us.  The center will therefore play a pivotal role in delivering innovative products and solutions, while harnessing local talent coupled with the infusion of hi-tech local expertise and knowledge into the country, including scientists and engineers who are returning from overseas.”

Commitment to Sustainability and the environment

The STC in Bengaluru is also designed with a strong environmental and sustainable ethos and a zero-discharge facility. The energy and water consumption of the facility will be minimized. SABIC is also firmly committed to – and is already supporting – several community and CSR initiatives around the STC. Key projects undertaken include the Hosahalli Lake restoration project, reconstruction of Hosahalli Government School, a Community Resource Center in Hosahalli Village and bus shelters around the vicinity.


Dec 02 2013

SABIC reaffirms commitment to China and innovation; inaugurates a major new technology center in Shanghai

Prince Saud bin Abdullah bin Thenayan Al-Saud, Chairman of SABIC and Chairman of the Royal Commission for Jubail & Yanbu, officially opened the company’s state-of-the-art SABIC Technology Center (STC) in Shanghai, China today in a ceremony which marks another significant milestone for SABIC in China. The center, built with an initial investment of US$ 100 million, is one of 17 SABIC global R&D centers of excellence. Also at the ceremony was His Excellency Yahya Al Zaid, Ambassador of Kingdom of Saudi Arabia to China. 

The 60,000 sqm state-of-the-art complex houses close to 500 employees including 170 application development and materials technologists.  In addition, it also serves as the new Greater China head office for all Shanghai-based employees including R&D and supporting functions.

“SABIC is a company grounded in developing material solutions and has innovation, ingenuity and collaboration at its core, helping us to achieve a deeper understanding of our customers and their business. SABIC is committed to being an inclusive growth partner in the markets we operate in.” said Mohamed Al-Mady, Vice Chairman and CEO, SABIC.

Innovating for tomorrow’s needs

The new STC in Shanghai will be leading the development for portable consumer electronics, working closely with OEMs across the globe.  It will also focus on developing next-generation innovative technologies and solutions to help our customers address some of the most pressing issues in China and the region across major industry sectors including Construction, Clean Energy, Electrics and Electronics, Medical Devices, Transportation. The overall R&D focus at the STC in Shanghai will be on meeting the needs of our customers in the Greater China and North East Asia.

Ernesto Occhiello, SABIC’s Executive Vice President, Technology and Innovation, said: “We are gathering some of the best and brightest talent from China to shape the future of our R&D efforts. This center hosts a critical mass of professionals and is an indication of SABIC’s commitment to be the preferred technology partner for our China customers as well as the employer of choice for the best talent.”  

SABIC is also continuing to strengthen its technology and innovation leadership in China and the region by deepening its academic partnerships in China. SABIC will sign a new agreement with its partner of almost two years, Dalian Institute of Chemical Physics (DICP), to research and develop advanced processing technologies to produce chemicals from alternative feedstock.  The project is part of SABIC’s broader strategy of developing next-generation technologies to drive the future of its business and contribute to customers’ success. As part of the agreement, SABIC will be an active participant to the DICP community, deploying scientists or assignment and contributing with funding for academic activities. Furthermore, it will bolster its sponsored research primarily regarding the conversion of fossil feedstock to chemicals.

The center significantly enhance SABIC’s R&D footprint in Asia, building on the existing infrastructure of  its application centers – one in Moka, Japan, and the other in Sungnam, South Korea. 

January  22 2014 REUTERS 

SABIC expects to enter US shale market this year

Saudi Basic Industries (SABIC) is in talks with several US firms to invest in the US shale gas industry, and expects to enter the market this year, Chief Executive Mohamed Al-Mady said.

"We're currently in talks with a few big names in the US for investment in shale gas. We expect to enter the market sometime this year. This will be great for SABIC and will globalize our operations," he said.

Al-Mady, speaking to Reuters at the World Economic Forum in Davos, later said the investment would be in downstream operations.

He did not elaborate on the size or type of US shale gas operations that SABIC was contemplating, or reveal its potential partners.

Last year Al-Mady said SABIC, one of the world's biggest petrochemical producers, planned to build a shale gas cracker in the US.

Any investment would not be heavy in the initial stages, Al-Mady said, adding the company had no urgent funding needs so he doubted it would tap the bond market this year.

"We hope our profit will increase next year. There won't be any significant investment in the coming two to three years. Most of the shale investment will come in 2017."

May 15, 2014 SABIC

SABIC, Lockheed Martin to partner on carbon nanostructure materials

SABIC and Lockheed Martin have announced the launching of a partnership to explore the establishment of a new joint venture company in Saudi Arabia to develop carbon nanostructure materials for a variety of end markets and applications.

Under a newly signed Memorandum of Understanding (MOU), SABIC and Lockheed Martin will coordinate on the development, industrial validation, testing, scale-up, production and sale of carbon nanostructure materials and carbon nanostructure infused products. 

Commenting on the joint venture MoU, Ernesto Occhiello, SABIC Executive Vice President, Technology & Innovation, said the memorandum was part of an initiative to develop new specialty-based business opportunities for SABIC and develop higher value-added businesses in Saudi Arabia. “We are happy that Lockheed Martin has shown their intention to share their newly developed technology with SABIC. An innovative partner like Lockheed Martin is indeed valuable to us, and we hope the initiative will be the beginning of a longer term relationship with the company.”

A carbon nanostructure is a cross-linked and highly entangled arrangement of carbon nanotubes on a base material. Carbon nanostructures can be grown at scale on various substrates and formed into materials with superior structural and conductive properties.

“We believe the combination of Lockheed Martin’s advanced nanotechnologies with SABIC’s premier capabilities will lead to exciting opportunities for innovative, new materials,” said Dale Bennett, Executive Vice President of Lockheed Martin Mission Systems and Training. “As we partner with SABIC, Lockheed Martin is proud to expand our nearly 50 year relationship supporting the Kingdom’s people, industry, government and academia.” 

27 May 2014  SABIC 

SABIC signs joint venture agreement with Korea’s SK Global Chemical to manufacture high-performance polyethylene products

SABIC and the Korean petrochemical company, SK Global Chemical (SK総合化学), signed a 50-50 joint venture agreement in Seoul, South Korea, on May 26 for a total investment of US$ 595 million to manufacture a range of high-performance polyethylene products using SK’s cutting edge Nexlene™ solution technology. The agreement was signed by Mohamed Al-Mady, SABIC Vice Chairman and CEO, and Ja-Young Koo, SK Innovation Vice Chairman and CEO, and is subject to regulatory approval.

Nexlene is a high performance polyethylene of which all procedures such as the catalyst, processes, and the product were developed by SK’s own technology in 2010. It is used to high value films, interior materials of automobiles and shoes, and cable insulation.

Compared with the existing polyethylene, this high performance polyethylene is stronger to the impact and has higher reinforced transparency and machinability. Only a few major chemical companies such as Dow Chemical and Exxon Mobile have been producing this product.    

SK Global Chemical is constructing a 230,000 TPY Nexlene factory in the Woolsan CLX and will begin its mass production in the end of 2013. The high value polymer market is growing by 10% every year and SK Global Chemical is planning to rise as a major player in the high value polymer market through the mass production of Nexlene.

The joint venture, which is located in Singapore, is expected to operate a series of manufacturing plants, the first of which was recently completed by SK Global Chemical at its complex in Ulsan, South Korea, with an expected annual capacity of 230,000 tons. The plants will produce metallocene linear low density polyethylene, polyolefin plastomers and polyolefin elastomers that will meet the growing needs of diverse industries such as advanced packaging, automotive,  healthcare, footwear and electrical & lighting. 

A second plant is planned for Saudi Arabia. Over time, production bases will be established worldwide. 

After the signing ceremony, Al-Mady commented, “We are happy to establish this partnership with SK Global Chemical and bring the best in advanced material science closer to our expanding customer base in Asia. The joint venture is a clear demonstration of our commitment to continually deliver efficient, technology-based solutions to our customers and further improve the way we face major growth markets.”

Cha Hwa Youp, SK Global Chemicals CEO, said, “Nexlene will serve as a growth engine for both of our companies. The joint venture will continue to upgrade Nexlene Technology and set up production bases at locations that exhibit competiveness in the high-end polyethylene industry.” 

Mosaed Al-Ohali, SABIC Executive Vice President, Polymers Strategic Business Unit, said that the new venture will allow both partners to enter the highly specialized high-performance polyethylene market, providing premium and high value polymer products to customers around the world. “Our new partnership with SK Global will complement our comprehensive polymers portfolio with an innovative new product line, enabling us to offer cost effective, efficient and customer-focused solutions in Asia and beyond,” he said.

Giving a technological perspective, Ernesto Occhiello, SABIC Executive Vice President, Technology and Innovation, said that this solution, based on metallocene technology, will enable the two companies to manufacture a wide range of materials. 

“These technologies will benefit both converters and end customers through better performance, processibility and final product properties. Excellent impact strength, enhanced toughness, superior transparency, low heat seal temperature, incremental output and improved organoleptic properties are just a few of the competitive advantages that this technology can deliver,” he said.

These unique properties and characteristics offer a range of possibilities for the development of innovative product applications. The packaging industry can benefit from lighter versions of Nexlene (mLLDPE) to produce films to manufacture flexible food packaging and wrapping materials. They can also be used in pipes for greater variations as well as in consumer goods, such as roto-moulded articles.

Polyolefin elastomers find applications in a number of industries where elasticity is important including impact modifiers in the automotive industry, footwear in consumer markets and wire coatings in utilities and construction industries. 

The ethylene-octene copolymer POPs will primarily target heat-seal layer and polypropylene injection molded part modification applications. Medical applications are also under consideration.

Polyolefin plastomers are specifically designed to provide excellent heat seal strength for a variety of packaging products to help provide inner sealing, adhesive and air/moisture barrier layers.  

The joint venture marks the second instance in which SABIC is investing in manufacturing capability in the Far East after its successful partnership with the China Petrochemical Corporation (Sinopec). SK Global Chemical is a pioneering petrochemical company in Korea, being the first in the country to build a naphtha cracking facility in 1972. Through continuous facility investment, R&D and technological improvement, the company has maintained its position as the leader of the petrochemical industry in Korea.


Saudi’s SABIC Says Won’t Expand Petrochemicals Venture With Shell

SABIC and Shell first announced plans to explore an expansion of their petrochemical plant in 2012.

Saudi Basic Industries Corp will not move ahead with plans to expand an existing petrochemical joint venture (SADAF) with Royal Dutch Shell in Saudi Arabia as the results of feasibility studies were not encouraging, SABIC said on Thursday (2014/10/23) , according to state news agency SPA.

The two partners in the SADAF joint venture in Jubail, on the Gulf coast of Saudi Arabia, first announced plans to explore an expansion of their petrochemical plant in 2012.

“Shell and SABIC have agreed not to pursue this investment further but have agreed to continue to have constructive discussions to explore other opportunities for expansion,” a Shell spokesman said in a statement on Thursday.

SABIC, one of the world’s largest petrochemical groups, said the decision would not have any impact on its earnings, according to a statement on the Saudi bourse website.

The expansion was due to add polyols, propylene oxide (PO) and styrene monomer. SABIC did not say by how much the plant was due to be expanded nor gave an estimated cost.

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.


  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)
HDI:ヘキサメチレンジイソシアネート(1,6-Hexamethylene diisocyanate)
などがあります。 このほかにも、多数のイソシアネート化合物があります。


官能基数=2   プロピレングリコール、エチレングリコール
官能基数=3   グリセリン、トリメチロールプロパン、トリエタノールアミン
官能基数=4   ペンタエリスリトール、エチレンジアミン、芳香族ジアミン
官能基数=5   ジエチレントリアミン
官能基数=6   ソルビトール
官能基数=8   スクロース(蔗糖)

Oct 29, 2014 Reuters                           2011/3/25  Saudi Aramco Sinopec、サウジで製油所建設 

Major new Saudi-Sinopec refinery to export in Dec-sources    

The first fuel exports from a major new Saudi Arabian-Chinese refinery will load in December, slightly later than expected, three industry sources said.

The 400,000-barrel-per-day (bpd) Yanbu Aramco Sinopec Refining Co (Yasref) refinery started trial runs in September and originally planned its first exports by November.
Saudi Aramco62.5%Sinopec37.5%出資

Yasref is the second refinery to start up in Saudi Arabia in the past two years, and will complete state company Saudi Aramco's transformation into a leading exporter of diesel.

The shipment will be off-specification high sulphur gasoil, according to one of the sources.

The sources said it had faced some problems with commissioning, which is a normal when new refineries start up. The construction of the refinery was complete, the sources said, but more tests needed to be done.

"Commissioning is on the way, the crude distillation unit is producing naphtha and intermediate products but full stream of production takes time," said one industry source.

"By around December they will ship out the first product (cargo)."

The state-owned refiner has not detailed plans for its 37.5 percent share of output from the refinery.

Sources said it will export some naphtha initially as the operator tries to stabilize gasoline-making units.

Officials at Yasref could not be reached for comment.

Sinopec will target Europe and East Africa for diesel shipments from the refinery with the first clean diesel cargo due in the first quarter of next year.

2015/1/5  menafn.com  

Saudi- SABIC signs JV with Molecular Rebar Design to develop nanomaterials

SABIC and Molecular Rebar Design have signed a joint venture agreement to develop and commercialize nanomaterials for select market segments and applications.

The joint venture Black Diamond Structures LLC will develop manufacture and commercialize products based on Molecular Rebar Design's unique and revolutionary carbon nanotube (CNT) technology Molecular Rebar.

CNTs when made commercially consist of large entangled bundles of nanotubes. These bundles are far less useful than discreet or individual nanotubes.

Molecular Rebar are discreet open ended highly functionalized CNTs that are free from catalysts and waste matter and are demonstrated to advance the science and applications for nanomaterials.



Beginning in 1985, carbon nanotube discoveries were praised for their potential to create significant improvements in material science. In fact, CNT’s had so much theoretical potential and such broad potential application they were anointed as a generational change in materials design and performance.

Yet, until now, the promise of CNT performance never materialized. The major impediment was the inability to unbundle CNT’s and separate them into their optimum form – discrete tubes.

Even today, all other methods of manufacturing CNT’s – through arc furnaces, laser ablation, or fluid-bed reactors – result in “fuzzy balls,” which are composed of highly entangled CNT’s. These fuzzy balls hinder or prevent the dispersion of the individual CNT tubes, which is required to achieve the theoretical optimums proposed by current material-science theories.

An ideal product would also be functionalized to adhere to the receiving material and be fully dispersed to insure consistent properties and performance. As expected, the inability to optimize CNT’s resulted in commercially insignificant improvement in the properties of the receiving materials and prevented widespread commercialization of CNT’s.


Our patented process starts with today’s commercially available, fuzzy-ball laden, but nonperforming CNT’s. Through a set of proprietary operations, the CNT’s are separated into discrete tubes — and with aspect ratios(アスペクト比:先端直径に対して長さ) in the ideal 60-100 range. Then they are dispersed in formulations that maintain the single tube composition. The uniform mixture is then made into master batches (either solid or liquid), which can be efficiently and safely shipped to customers.

Another great advantage of our Molecular Rebar™ is that, at the customer conversion sites, it can be used with existing equipment and processes.

The patented MRD manufacturing method addresses the critical issues presented above. The breakthrough provides a continuous process that results in the production of untangled CNT’s, which we call Molecular Rebar®.

Black Diamond Structures LLC will focus on applications in select market segments including Energy Storage、Energy Generation、Automotive & Light Truck、Consumer Electronics and Construction.

Commenting on the joint venture Ernesto Occhiello SABIC executive vice president technology andinnovation said Black Diamond Structures LLC is aligned to SABIC's 2025 strategy and part of the drive to develop higher value-added specialty businesses globally and in Saudi Arabia.

'SABIC believes that nanotechnology is an important part of the future. We focus on making nanointermediates more viable for industrial implementation via improved scale-up ease/effectiveness of use and partnership with customers. We believe the new JV is well aligned with emerging market needs and thus is poised for accelerated deployment and development for both existing and new applications.'

Kurt Swogger CEO of Molecular Rebar Design said: 'We believe the synergistic combination of Molecular Rebar Design's advanced nanotechnologies with SABIC's commercial and manufacturing capabilities will lead to many exciting opportunities for innovative new materials in high growth market segments.'

May 10, 2016 Reuters      

Saudi Aramco says to sign chemicals project MOU with SABIC

National oil giant Saudi Aramco expects soon to sign a memorandum of understanding with Saudi Basic Industries Corp for a joint oil-to-chemicals project, chief executive Amin Nasser said on Tuesday.

SABIC has previously said the proposed project could cost as much as $30 billion, processing petrochemicals directly from crude oil instead of first refining the oil into products such as naphtha.

"It makes absolute sense as Aramco is specialised in oil and refining, and SABIC in petrochemicals," said one industry source familiar with the project, adding that the scheme could create as many as 100,000 jobs directly and indirectly.

Aramco's participation could benefit SABIC by giving it better access to funding as well as assistance in marketing products, said Mazen al-Sudairi, head of research at Al-Istithmar Capital.

"The change in feedstock prices prompted SABIC to change strategy - they want to produce specialty products - and with Aramco possibly joining them as an investor, it will open a big door for them," he said.


November 26, 2017  

Saudi Aramco and SABIC sign MOU to develop innovative Crude Oil to Chemicals Complex

Saudi Aramco and SABIC have signed a memorandum of understanding (MoU) to develop a fully integrated crude oil to chemicals (COTC) complex in the Kingdom of Saudi Arabia, which governs the execution of the Front End Engineering Design (FEED) before a final investment decision is made.

The COTC complex is expected to process 400,000 barrels per day of crude oil, which will produce approximately 9 million tons of chemicals and base oils annually and is expected to start operations in 2025.

Saudi Aramco President and CEO Amin H. Nasser said, “This project converges the commercial and strategic interests of both Saudi Aramco and SABIC, while reinforcing Saudi Aramco’s efforts to optimize the investment of our petroleum resources. COTC will also help expand our downstream portfolio, reducing our focus on the transportation sector and securing new and promising commercial opportunities.”

SABIC Vice Chairman and CEO Yousef Abdullah Al-Benyan said: "This venture will contribute to the realization of one of the major aspirations of Saudi Vision 2030, namely achieving economic prosperity by boosting our investment capacity, diversifying the economy and creating jobs for Saudi nationals. It will help strengthen our economic growth and attract world-class quality investments thanks to our unique and strategic geographic location."

Al-Benyan added: "Today is a historic day, marking the complementary nature of the relationship between SABIC and Saudi Aramco because it is the first time the two largest economic entities in Saudi Arabia jointly enter into a strategic partnership to achieve a pioneering and innovative new technology. Once completed, this project will not only be the largest crude oil to chemicals complex in the world, it will also set a new competitive threshold thanks to the project's mass scale and the benefits derived from our joint collaboration. The project will, therefore, help achieve the respective growth ambitions of Sabic and Saudi Aramco and further establishes the Kingdom as one of the pioneers in the petrochemicals industry."

This announcement marks a historic alliance between the two largest Saudi global entities, in addition to solidifying the Kingdom’s position as a global leader in chemicals by substantially increasing production and further maximizing value across the entire hydrocarbons chain through integration. The COTC complex will be constructed based on an innovative configuration that achieves crude oil to chemicals conversion that is unprecedented in the industry.

This MoU follows the Heads of Agreement (HoA) signed in June 2016 between the two companies, which governed the feasibility study for the development of a fully integrated petrochemicals complex in the Kingdom. A Saudi team developed innovative COTC configurations derived from best-in-class refining and chemical technologies.

The complex is expected to create an estimated 30,000 direct and indirect jobs, further stimulating the Kingdom’s economic diversification. By 2030 the COTC complex is expected to have 1.5% impact on the Kingdom’s Gross Domestic Product (GDP), with investments being shared equally by both companies.

Consistent with the Kingdom’s Vision 2030 economic transformation program, this project will support the creation of a world-leading downstream sector in Saudi Arabia, built on four key drivers: maximizing value from the Kingdom’s crude oil production via integration across the hydrocarbon chain; enabling the creation of conversion industries to produce semi-finished and finished goods to help diversify the economy; developing advanced technologies and innovation; and enabling sustainable development in alignment with the Kingdom’s National Transformation Program.


Yousef Al-Benyanとのインタビューを報じた。

B AramcoとのOil-to-chemicals JV

SABICと Aramco は既に原油から化学製品を生産する投資額200億ドル以上のJV構想を明らかにしている。

原油やガソリン・ディーゼルの価格が石油化学品の価格よりも下がっているため、原油をガソリンにするより、原油から石油化学品を生産しようとするもので、Arabian Light やExtra Light  原油を原料とする。


立地としては、当初はYanbu かJubail か、Aramco/Dow JVのあるSadara かとしていた。

この計画はCOTCと呼ばれる。(Crude Oil-to-Chemicals の意味)

CEOは今回、この計画の立地が紅海沿岸のYanbuに決まったと述べた。「これは戦略的な立地だ。アフリカや欧州へのポジションを強化できる。Jubail もまだ成長のオプションを持つが、設備を一か所に集中しない方がよい」と述べた。




May 30, 2016  

Saudi's SABIC agrees petrochemicals project with China's Shenhua

Saudi Basic Industries Corp (SABIC), one of the world's largest petrochemicals groups, said on Monday it had signed an agreement with Shenhua Ningxia Coal Industry Group to build a petrochemical complex in China.

SABIC said in a statement the joint project would be a "greenfield petrochemical complex" located in the Ningxia Hui Region(寧夏回族自治区) of China. The Chinese company is a unit of Shenhua Group Corporation Limited.

No financial details or time frame for the project were given. SABIC said the companies would now work on getting approvals from Chinese authorities for the complex.


Sep 7, 2016 

Saudi's SABIC sells Polymershapes unit to U.S. firm   

Saudi Basic Industries Corp (SABIC) 2010.SE has agreed to sell its Polymershapes unit to U.S. investment firm Blackfriars Corp, SABIC said without giving a value for the deal.

The deal is expected to be completed during the fourth quarter of this year, SABIC said late on Tuesday, adding that the unit was a non-core business and its divestment would not affect SABIC's distribution of other products or have a substantial impact on its finances.

The unit is the world’s largest distributor of plastic sheet, rod, tube and film, serving over 35,000 customers with a distribution network of more than 75 branches in the United States, Canada, Mexico and Chile, according to a 2013 statement by SABIC.

Although Polymershapes is profitable, owning it is no longer in line with SABIC's plan to strengthen its business by 2025, Tuesday's statement quoted acting chief executive Yousef al-Benyan as saying.

Benyan told Reuters in May that his company was evaluating whether to sell some of its assets in the specialties plastics business, with a decision expected by the end of this year.

One of the world's largest petrochemicals firms, SABIC has been suffering like many companies in its industry from the impact of falling oil prices, which are correlated with petrochemical prices.


Polymershapes is the world’s largest distributor of plastic sheet, rod, tube, film, and associated products, with 70+ years of industry-leading heritage.

Our roots stretch back to the 1940’s, when two businesses were formed, each focused on selling plastic sheet and fabricated parts. These small enterprises – Cadillac Plastics, based near Detroit, and Commercial Plastics, founded near Philadelphia – grew steadily over the ensuing decades, adding products, capabilities and services, and opening sales branches throughout North America, to become the two largest distributors in the plastics industry.

In 2000, both companies were purchased by GE Plastics, and became one, taking on the new identity of GE Polymershapes.
In 2007, GE Plastics and Polymershapes were acquired by SABIC, a leading global petrochemicals company.

Since then, the people of Polymershapes have continued to broaden our expertise, our portfolio, and our branch network, setting the standards for excellence in the plastics distribution industry.



SABIC, SNCG agree on possible China chemical JV principles

SABIC, along with Shenhua Ningxia Coal Industry Group Co. Ltd. (SNCG 神華寧夏煤業集団) and the government of the Ningxia Hui Autonomous Region
寧夏回族自治区 of China, have agreed on a set of principles for cooperation in the further development of a potential joint venture (JV) between SABIC and SNCG to build a greenfield coal-to-chemicals complex.

The facility will focus on highly-differentiated applications and segments through polymers derivatives.

The project will be located in the Ningxia Hui Autonomous Region. The agreement includes certain commitments from the Ningxia government to provide support and incentives to the project, while also providing a framework for coordination and cooperation between the three parties in connection with the project approval process.

Cooperation between the parties, with respect to the coal-to-chemicals project, contributes to the Chinese government’s “Belt & Road Initiative,” expanding the economic ties and bilateral trade between Saudi Arabia and the People's Republic of China.

The project would leverage the shareholders’ respective best practices, operational experience, and technologies in the petrochemical industry.

The project would benefit from SABIC’s participation through the utilization of SABIC’s technologies, and access to SABIC’s global Technology & Innovation Centers would be provided for product development, technical support and application development programs. SABIC would also leverage its global marketing and customer service capabilities.

The project would also benefit from the participation of SNCG, which is an affiliate of Shenhua Group, one of the largest coal producers and suppliers in China, as well as a global coal-based, integrated energy and chemicals company.

A further benefit is the project’s location in the Ningxia Hui Autonomous Region, which is one of the largest coal-producing regions in China, and the incentives and support that will be provided by the Ningxia government.


SABIC chief calls for consolidation in Saudi petchems


Saudi petrochemicals firms should merge to boost their competitiveness and look to expand abroad, the head of major industry player SABIC told Reuters on Monday.

The firms have enjoyed decades of cheap feedstock prices. But Saudi authorities began slashing subsidies in 2016, as a collapse in oil prices cut into state finances, prompting a search for efficiencies in the industry.
“This program is clearly defined to push companies for more efficiencies and bring them into a mode where they become more competitive with the global players,” Saudi Basic Industries Corp. (SABIC) CEO Yousef Al-Benyan said in an interview

Other Saudi petrochemicals firms should “look at ways and means to consolidate,” he said.
“If 2020 comes and you are not really a player with a global footprint ... and you don’t market your own product, I think it will be very difficult for you to maintain competitive positions.”

SABIC has already begun this process, completing an acquisition of the remaining 50 percent stake in its SADAF project from Shell Arabia in August.
It is also considering integrating three affiliates, SAFCO, Ibn Al-Baytar and Al-Bayroni, which are located next to each other in Jubail, eastern Saudi Arabia. The companies can share feedstock, maintenance and leadership costs, said Benyan.

SABIC is looking at possible acquisitions in North America, China and Africa in both the speciality and commodities portfolios, Benyan said, but declined to elaborate.
He told Reuters in May SABIC was evaluating opportunities in the range of $3 billion to $6 billion.

SABIC posted its biggest profit since the second quarter of 2015 this quarter, as a recovery in crude prices buoyed earnings.
Sales prices for core products were up an average of 5 percent and expenses were reduced, while losses at its restructured Hadeed division (Saudi Iron & Steel Company) dropped by more than half, said Benyan.

SABIC’s 2017 Q2 earnings fell mainly due to a loss of SAR 578 million incurred by Steel Industry Company (Hadeed), as well as a decline in prices for most of the company’s products, CEO Yousef Al-Benyan said in a conference call. 

The restructuring of Hadeed, announced last year, was finalized by reducing costs by more than SAR 300 million in 2016 and about SAR 200 million this year.

The company’s outlook for the rest of the year and into 2018 was stable, he added.
“We have stability in crude oil prices, we have stability in GDP growth. I think this is very positive now, looking at 2018. I think 2018 will be more or less like 2017 for us,” he said.

SABIC is also looking to expand globally to diversify feedstock inputs and shield itself from oil price fluctuations.
Plans to build a polycarbonate plant with Chinese state oil firm Sinopec are moving ahead in China, where 70 percent of demand for the product is expected to be, said Benyan.

He plans to travel to China by the end of this year to finalize arrangements for both that project and a coal-to-chemicals venture with Shenhua Ningxia Coal Industry Group.

Benyan said initial plans for an oil to chemicals project with state oil giant Saudi Aramco were to build it in Yanbu, on the west coast of Saudi Arabia.
“I think this is a very strategic location. You can strengthen your position to Africa, to Europe. Jubail still has an option to grow, but I think the west coast is going to enable us not to concentrate all our assets in one location,” he said.

24 August 2017

SABIC, Aramco offer bids for JV to convert crude oil to chemicals

The Saudi Basic Industries Corp (SABIC) and the Saudi Arabian Oil Co (Saudi Aramco) offered bids for the engineering works of the joint venture (JV) which will exceed $20 billion to convert crude oil to chemicals, industrial sources on Thursday told Reuters.

This project is expected to process Arabian light and extra light crude oil, Reuters reported, citing one of the sources as saying.

“Several plants are expected to be built, including a 400,000-barrels-per-day integrated crude distillation
原油蒸留and vacuum unit, a distillate hydrotreater蒸留水素化, 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,” the agency added.

The two Saudi firms are still searching for a location for their JV at Yanbu, near the power plant, or in Jubail, close to Sadara, which is an Aramco JV with US company Dow Chemical.

The deadline for engineering works and designs offers will be on 25 September, one of the sources indicated, noting that the JV's plant will be opened by the end of 2024.

“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 (IPO) of shares next year,” Aramco’s CEO Amin H.Nasser said.


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.



SABIC opens first POM plant              

SABIC inaugurated the first ever polyacetal (POM) plant in the Middle East and Africa region at its joint venture manufacturing affiliate, The National Methanol Company (Ibn Sina), in Jubail on Thursday, marking another milestone in its growth strategy in the highly competitive global engineering thermoplastics industry.

2010/4/7 SABIC、ポリアセタールに進出

The new plant, with a capacity of 50,000 metric tons, was opened in the presence of SABIC Vice Chairman and CEO Yousef Al-Benyan, SABIC executives and representatives from the joint venture partner, CTE, which is jointly owned by Celanese Corporation and Duke Energy. The new plant reflects SABIC’s 2025 strategy to provide new polymer solutions that answer customer challenges for changing market requirements, while supporting the development of local content in national industries, in line with the objectives of Saudi Vision 2030.

Abdulrahman Al-Fageeh, executive vice president of petrochemicals at SABIC, commented, “The startup of the plant reflects our strategic commitment to diversify our solutions. We seek to create long-term value for our customers in a range of industries, including automotive, building and construction, consumer goods, appliances and lighting. This is how we create Chemistry that Matters.”

Marcel van Amerongen, vice president, Celanese added, “Ibn Sina is a fine example of successful collaboration between two large industrial companies by combining knowledge and a strong commitment. The new plant is expected to make a long-term contribution to the local economy and support the growth of the plastics industry.”

Polyacetal is a semi-crystalline thermoplastic material that has the potential to replace metal in many applications due to its high strength, exceptional dimensional stability and ease of machining. It makes an excellent candidate for applications in diverse industries such as automotive, construction, electronics, appliances, commodities, and consumer goods.

SABIC plans to buy ONGC's stake in OPaL

Saudi Basic Industries Corp (SABIC), the world’s fourth-largest petrochemical company, is seeking to buy about half of the $4.6-billion ONGC Petro Additions Ltd (OPaL), Reuters yesterday reported, citing two sources familiar with the matter.

2010/2/17 インドONGCの新石化コンプレックス、進展

State-owned Oil and Natural Gas Corp. Ltd (ONGC) is a majority shareholder in OPaL with around 50 per cent stake.
OPaL operates India’s biggest petrochemical plant located in Dahej, in Bharuch district of Gujarat.
OPaL is a special purpose vehicle created for executing the Rs13,500 crore petrochemicals complex.
The 1.1 million tonnes capacity petrochem plant was commissioned last year and reached 100 per cent capacity in February this year. 

OPaL has set up a grass root mega Petrochemical project at Dahej, Gujarat in PCPIR/SEZ.

The complex's main Dual Feed Cracker Unit has the capacity to produce 1100 KTPA Ethylene, 400 KTPA Propylene and the Associated Units consists of Pyrolysis Gasoline Hydrogenation Unit, Butadiene Extraction Unit and Benzene Extraction Unit.

The Polymer plants of OPaL has 2x360 KTPA of LLDPE/HDPE Swing unit, 1x340 KTPA of Dedicated HDPE and 1x340 KTPA of PP. All the major contracts have been awarded and the construction is in full swing.

Earlier, several foreign companies are also reported to be interested in acquiring a stake in OPaL.
Last year, ONGC had held talks about selling a stake in OPaL with Saudi Aramco and Petrochemical Industries Co, a unit of Kuwait Petroleum Corp, the report said.
An official of ONGC had in March said, “We have invested Rs30,000 crore in the project and always had plans to sell a minimum of 26 per cent stake in the project to a strategic investor. “Now that the plant has come up well and stabilised, this is the time to monetise it.”
ONGC is seeking to sell its stake in OPaL in order to fund the debt incurred last year for the acquisition of Hindustan Petroleum Corp.
SABIC, a diversified chemicals company based in Riyadh, is the largest public company in Saudi Arabia.
It manufactures on a global scale in the Americas, Europe, Middle East and Asia Pacific, making different kinds of products: chemicals, commodity and high performance plastics, agri-nutrients and metals.
SABIC was the world's fourth-largest chemical producer and is currently the second-largest global ethylene glycol producer. It is also the third-largest polyethylene manufacturer, the fourth-largest polyolefins manufacturer, and the fourth-largest polypropylene manufacturer. 
It is also the world’s largest producer of methyl tert-butyl ether, granular urea, polycarbonate, polyphenylene and polyether imide.


September 11, 2018 

Saudi's SABIC signs MOU to build petrochemical complex in China

Saudi Basic Industries Corp (SABIC) on Tuesday signed a memorandum of understanding (MOU) with China’s Fujian provincial government 福建省 to build a petrochemical complex.

SABIC is the third company to announce a large chemical investment in China over the past two months.

SABIC did not give any details of the investment or a timeline in a brief release, saying this is part of the firm’s strategy to diversify its operations and strengthening its position in the world’s top petrochemicals market.

The deal comes as U.S. oil major Exxon Mobil and Germany’s BASF have separately announced plans to build ethylene complexes in southern China’s Guangdong province, part of the country’s massive petrochemical building boom.

SABIC is already a partner with Chinese state oil and gas firm Sinopec Corp in an ethylene plant owned by Sinopec’s Tianjin Petrochemical Corp.

In Fujian on the east coast, Sinopec operates a joint-venture refining, petrochemical complex in city of Quanzhou in partnership with Saudi Arabian state oil and gas firm Saudi Aramco and Exxon Mobil.

The Chinese major is also building a separate ethylene plant in Gulei
福建省古雷, in the same province.   Gulei Petrochemical

SABIC, the world’s third largest diversified petrochemicals company, announced today that it is taking steps to establish certain elements of its Specialties business as a stand-alone business. The strategic purpose of this is to prepare the Specialties business to participate in further organic and inorganic growth, including a transaction under discussion with Clariant AG, for which today both companies have signed a Memorandum of Understanding . The MOU would enable Clariant to create a new, “High Performance Materials” specialty chemicals business as an exceptional global platform for growth.

The process to create SABIC’s stand-alone Specialties business is anticipated to take until the end of 2019. Then, if the transaction with Clariant proceeds, parts of SABIC’s Specialties business – comprising its unique ULTEM™ and NORYL™ resins, and its families of LNP™ compounds and copolymers – would be merged with Clariant’s additives and high value masterbatch offerings, as part of the Clariant group, making Clariant a uniquely positioned and competitively advantaged provider of customer-specific high performance materials and solutions in the specialty chemicals industry, headquartered in Switzerland and listed on the SIX Swiss Exchange.


・ ULTEM樹脂の製造およびコンパウンド工場をシンガポールに新設し、アジア地域の顧客ニーズに対応するとともにPEIの総生産能力を50%増強
・ アジア地域への投資により高耐熱性ULTEM樹脂をアメリカ、ヨーロッパ、アジア地域で生産する唯一の化学会社としての地位を確立
・ オランダ工場でNORYL樹脂の生産を再開し、PPEの総生産能力を40%以上増強

Yousef Al-Benyan, Vice Chairman and CEO, said, “The establishment of SABIC Specialties as a stand-alone business, together with the MOU with Clariant, represent part of SABIC's long-term growth and diversification strategy. SABIC has a long and strong track record of growing businesses through joint ventures and co-investment in both listed and private companies. Uncoupling the Specialties business will allow the unit to achieve accelerated organic and inorganic growth as aligned with our broader corporate strategy of creating a sizeable, world class Specialties company while creating additional value for our shareholders, customers and talented employees.”

Al-Benyan continued, “For many years, SABIC and Clariant have created value for our respective shareholders from our close commercial ties. We will now seek to further develop this strategic relationship at the highest levels of both companies to create a leading provider of tailored specialty materials and technologies for the benefit of both companies’ stakeholders and the advancement of the specialties industry.”

“Clariant and SABIC's existing Specialties business are complementary, and the investment in Clariant, together with the intended combination of portions of our respective specialty businesses, is well aligned with SABIC's strategy to open new growth opportunities in specialty chemicals," Al-Benyan noted.

This announcement follows the recent regulatory approvals of SABIC’s acquisition of its 24.99% interest Clariant, making SABIC the Swiss specialty chemicals company’s largest shareholder. SABIC currently has no plans to launch or otherwise effect a full takeover of Clariant AG.

Following completion of the intended transaction, Clariant would form a new “High Performance Materials” business area as an exceptional global platform for growth. This platform, together with anticipated cost synergies and operating efficiencies, aims to increase value for both companies’ stakeholders. The intended transaction would unlock the value of both companies’ specialties offerings. The intended transaction is envisaged to be signed during 2019 and to close at the beginning of 2020, subject to regulatory approvals.

SABIC’s Specialties materials can be found in applications for smart electronics, healthcare, aerospace, automotive, robotics, additive manufacturing, and e-mobility. Each area of focus demands adherence to stringent customer specifications in demanding thermo-electro-mechanical environments, as well as the ability to meet regulatory requirements, which can only be fulfilled with unique technologies and formulation know-how.


5 November, 2018 

SABIC to Establish New Company for Agricultural Investments

Saudi Arabia’s SABIC announced its decision to establish the SABIC Agri-nutrient Investments company to consolidate all its equity shares and assets currently held in several companies specialized in the production of various agri-nutrient products.

The decision includes SABIC’s share of assets in
Al-Bayroni (Jubail Fertilizer Company) – 50 percent;
Ibn Al-Baytar (National Chemical Fertilizer Company) – 50 percent;   SAFCO 50%
GPIC (Gulf Petrochemical Industrial Company) – 33.33 percent; (National Oil and Gas Authority (NOGA) Kingdom of Bahrain - 33.3%、Petrochemical Industries Co. (PIC) State of Kuwait - 33.3%)
MPC (Ma’aden Phosphate Company) – 30 percent

MWSPC (Ma’aden Wa’ad Al-Shamal Phosphate Company) – 15 percent.


Additionally, SABIC signed a non-binding Memorandum of Understanding (MoU) with its subsidiary SAFCO (Saudi Arabian Fertilizer Company) to facilitate the integration of SABIC Agri-nutrient Investments with SAFCO.

The integration process is expected to be completed by the end of 2019.

SABIC owns 43 percent of SAFCO.(SABIC owns 42.99% with 57.01% being held by the private sector and the public.)

Yousef Al-Benyan, SABIC Vice Chairman and CEO, said: “The integration of our agri-nutrient production assets under one umbrella, represents part of SABIC’s diversification strategy and transformation program to achieve successful and sustainable long-term growth.”

“SABIC has a long and strong track record of growing businesses through joint ventures and co-investment in both listed and private companies. Integration of all our fertilizer production assets will allow SABIC and SAFCO to achieve accelerated organic and inorganic growth, as well as capture further operational synergies and increase overall production efficiency.”

SABIC Agri-nutrients Strategic Business Unit and its Marketing, sales, and technology and innovation functions will remain part of SABIC, delivering the company’s 2025 strategy through its investment arms in this sector.


December 31, 2018 

South Louisiana Methanol signs initial agreement with SABIC

South Louisiana Methanol (SLM) and SABIC have signed an initial agreement regarding a world-scale methanol plant in St. James Parish, Louisiana. Closing of the agreement is conditional upon regulatory approvals and financing. 

SABIC is a global leader in diversified chemicals headquartered in Riyadh, Saudi Arabia. It manufactures in the Americas, Europe, Middle East and Asia Pacific. 

“SLM is pleased to announce the project agreement with SABIC” said Paul Moore, CEO of South Louisiana Methanol.  “SABIC brings years of proven methanol operating experience and a global distribution network.”

The plant will be the largest methanol production plant in North America, with an annual capacity of more than 2 million metric tons, and will supply the domestic and international markets.  The project is expected to create approximately 650 construction jobs in Louisiana and elsewhere, 75 direct operating jobs and 350 indirect operating jobs in Louisiana.


Todd Corporation is one of New Zealand’s largest and most successful privately owned companies with operating history dating back to 1884. As New Zealand’s leading independent oil and gas producer, Todd also has operations in Australia, Canada, the United Kingdom, and the United States. Strong interests in oil and gas, electricity generation, energy retailing, and a number of other energy industries comprise the majority of its assets and revenues.

ZEEP is an Austin, Texas-based energy company engaged in the development of world scale projects that produce premium fuels and chemicals for reliable supply to both domestic and export markets. ZEEP’s principals have experience in the design, construction, and financing of energy and chemical projects worldwide.

SLM is in advanced stages of developing a world scale Methanol project in St. James Parish, Louisiana.

The project site in south Louisiana is situated at the nexus of North American petrochemicals production and prolific natural gas plays in Louisiana and Texas, with access to world-class transportation infrastructure, and interstate and intrastate natural gas pipelines.

The St James site has sufficient space for at least five trains and the plant’s life is expected to be in excess of 30 years.  The first train will produce approximately two million tonnes per annum of methanol, with plant feed natural gas of approximately 65 PJ per annum, for delivery to the United States Gulf Cost petrochemicals market and potentially overseas markets

SLM – Train One



Sabic selects Fluor for EPCM work on resin plant upgrade in the Netherlands

Fluor Corp. was awarded an engineering, procurement and construction management (EPCM) services contract by The Saudi Basic Industries Corp. (SABIC) for the recommissioning of its polyphenylene ether (PPE) resin plant in Bergen op Zoom, the Netherlands. Fluor will book the undisclosed contract value in the first quarter of 2019.

“We are pleased to support SABIC with this important recommissioning project at the Bergen op Zoom site where Fluor has more than 30 years of experience of providing innovative solutions to the client,” said Simon Nottingham, president of Fluor’s Energy & Chemicals business in Europe, Africa and the Middle East. “Fluor’s proven track record in brownfield projects and construction-driven execution will minimize disruption at this complex operations site and provide cost and schedule certainty.”

SABIC announced the project last year, in response to high global customer demand for its PPE-based Noryl resins, SABIC’s proprietary family of modified compounds. Recommissioning the Bergen op Zoom PPE resin facility will provide customers with a second source of Noryl resins globally, and affirms SABIC’s commitment to the European market and global customers who specify their Noryl resin material needs from Europe. When operational, the Bergen op Zoom facility is expected to add more than 40% global capacity over a 2017 baseline.

The 14-month project began in January 2019 led by Fluor’s Bergen op Zoom office and will be supported by Fluor’s Cebu office in the Philippines.

SABIC社 ULTEM™樹脂とNORYL™樹脂の生産能力増強に投資

  • ULTEM™樹脂の製造およびコンパウンド工場をシンガポールに新設し、アジア地域の顧客ニーズに対応するとともにPEIの総生産能力を50%増強
  • アジア地域への投資により高耐熱性ULTEM™樹脂をアメリカ、ヨーロッパ、アジア地域で生産する唯一の化学会社としての地位を確立
  • オランダ工場でNORYL™樹脂の生産を再開し、PPEの総生産能力を40%以上増強




ウルテム樹脂は現行、米国インディアナ州のマウントバーノンとスペインのカルタヘナの2か所で生産されている。今後、シンガポールの新工場が稼働することで アジア地域の顧客、特に評価サイクルの短い用途にリードタイムを短縮できる。シンガポール工場の本格稼働後、ウルテム樹脂の総生産能力は2018年と比べて50%の拡大となる。オキエロは、「シンガポールの新工場が加わることで、SABICはアジア、アメリカ、ヨーロッパの三極で高耐熱性樹脂を生産する唯一の化学会社となり、顧客に対して大きなアドバンテージを提供できることになります。」と述べている。




May 27, 2019 

Sabic makes new investment in high-heat Ultem, Extem resin capacity

The company's new production facility in Singapore is due to come on-stream in the first half of 2021.

Chemical maker Sabic is making what it calls “significant investments” in expanding the capacity of its Ultem and Extem high heat resin production by opening a new production plant in Singapore.

2007/9/4 SABIC、GE Plastics の買収完了  SABIC Innovative Plastics
Extem* Resin polyimide (TPI) and polyetherimide (PEI) resins
Ultem* Resin polyetherimide (PEI) resins
Ultem* Foam foam core based on the PEI polymer

The new facility is due to come on-stream in the first half of 2021, Sabic said in a statement, making the company “the only high heat resin producer with manufacturing capabilities in all regions.”

In addition, Riyad, Saudi Arabia-based Sabic has made investments to expand short-term capacity to support immediate growing demand.

Rudy Miller, director of Sabic’s high heat business, said that Ultem resins offer elevated thermal resistance, strength and stiffness, as well as broad chemical resistance. Ultem is compatible with extrusion, thermoforming, extrusion blowmolding and injection molding processes.

Extem resin, meanwhile, meets even higher heat requirements than Ultem resin, with enhanced creep and strength performance at elevated temperatures. This resin has the capability to fill thin-wall, complex, miniaturized parts, and provides IR transparency and lead-free soldering options.



SABIC announces plans to expand capacity for ULTEM™ and NORYL™ resin production.

In response to customer needs, SABIC has announced projects in Asia and the Netherlands designed to increase global capacity for two of its high-performance engineering thermoplastic materials, ULTEM™ and NORYL™ resins. To increase capacity for ULTEM™ resins, a polyetherimide material, SABIC plans to expand its existing footprint in Singapore where it currently has compounding operations, pending final government clearance. The planned new production facility in Singapore is expected to go online in the first half of 2021. The company also plans to recommission operations at its Bergen op Zoom PPE resin plant in the Netherlands by the end of 2019 to produce polyphenylene ether (PPE), the base resin for its line of NORYL™ resins and oligomers.

“Increased customer demand, especially in Asia, prompted the further capacity expansion plans,”, said Ernesto Occhiello, Executive Vice President, Specialties, SABIC. “While interim capacity gains for both ULTEM™ and NORYL™ resins have been achieved, global demand for both product lines has increased significantly, and SABIC is planning to expand its capacity to support our customers’ growth aspirations. We will continue to focus efforts to deliver the right capacity, in the right global locations, at the right time to support our customers’ needs.”

ULTEM™ resins are currently produced in two locations, Mt. Vernon, Indiana, and Cartagena, Spain. The planned operations in Singapore will localize supply for customers in Asia, reducing lead times, especially for shorter qualification cycle applications. When fully operational, the Singapore facility is expected to increase capacity by 50% over a 2018 baseline. “With the addition of Singapore, SABIC will be the only petrochemical company with the ability to produce the high heat resin in Asia, the Americas and Europe, a significant advantage for the company’s customers,” Occhiello noted.

The decision to recommission the Bergen op Zoom NORYL™ resins facility provides customers with a second source of PPE resins globally, and affirms SABIC’s commitment to the European market and global customers who specify their material solution needs from Europe. When operational, the Bergen op Zoom facility is expected to add more than 40% global capacity over a 2017 baseline.

In the meantime, SABIC expects incremental manufacturing process improvements at the Selkirk, New York, and Mt. Vernon plants to provide increases in NORYL™ (PPE) resin and ULTEM™ (PEI) resin production by the end of 2018. The resulting supply gains will be used to meet growing demand and improve lead times for customers.


January 03, 2020

SABIC decides to liquidate 3 subsidiaries  いずれもSABIC 100% 子会社の解散:事業はSABICの他の組織が引き継ぐ。

Saudi Basic Industries Corporation (SABIC) decided to liquidate 3 of its subsidiaries as part of its transformation plan, the company said in a bourse statement.

The liquidation decision includes SABIC Industrial Catalysts Co. and Saudi Carbon Fiber Co.

Both companies are fully owned by SABIC a paid in capital of SAR 500,000, each.

Saudi Japanese Acrylonitrile Co. in which SABIC ownership is 100%, is the third company to be dissolved. The company’s paid in capital is SAR 171.23 million. 

SABIC will continue to develop the products of these companies through other subsidiaries, and the liquidation is not expected to have any financial impact on SABIC's consolidated financial statement, the statement added.


解散する3社についての記事:いずれも現在は SABIC 100%

SABIC Industrial Catalysts Co.:


URS has contracted ARM to provide environmental support services for a new facility to be constructed by Sabic Catalyst Company (SABCAT) in Jubail Industrial City, KSA.  The facility will initially produce 50 tons per year of the Ziegler-Natta type catalyst to be used in processes for the production of polyethylene and polypropylene.  The facility includes the production reactors and associated utilities.

Saudi Carbon Fiber Co.:





2011/6/17 SABIC、カーボンファイバーの技術導入

Saudi Japanese Acrylonitrile Co.:



(1) 会社名 (仮称) Saudi Japanese Acrylonitrile Company
(2) 本社 サウジアラビア王国アルジュベール市
(3) 株主 SABIC 50%、旭化成ケミカルズ・三菱商事 50%
(4) 設立資本金 40百万サウジリヤル(約10億円)
(5) 計画生産能力 プロピレン法AN 20万トン/年、青化ソーダ 4万トン/年

2011/4/28  旭化成、サウジでのアクリロニトリル事業化のため合弁会社設立 


Sabic signed joint venture for Jubail Acrylonitrile Project

After years of technical and commercial studies, Saudi Basic Industries Corporation (Sabic), and its Japanese partners, Mitsubishi Corporation (Mitsubishi) and Asahi Kasei Chemicals Corporation (Asahi) signed a joint venture to build the first acrylonitrile and sodium cyanide plant in the Middle-East.

In this purpose, Sabic, Mitsubishi and Asahi estblished in April 2011 the joint venture Saudi Japanese Acrylonitrile Company (SHROUQ) in Saudi Arabia.

In order to benefit from existing infrastructures, the joint venture partners selected Sabic site at Al-Jubail Industrial City in the Eastern Province of Saudi Arabia to erect this first Acrylonitrile project.

The Japanese companies Asahi and Mitsubishi selected Saudi Arabia to build this new facility as they are willing tyo capture most of the growing demand for Acrylonitrile in the Middle-East and Africa markets.

After the completion of this new acrylonitrile plant, Asahi will reach 1.4 million tonnes per year (t/y), thus taking the global leadership of this market.

In addition, the joint venture with Sabic will secure competitive feedstock and energy cost to ensure the profitability of the Jubail Acrylonitrile project.

From Sabic perspective, this project meets fully its strategic goal for growth in wideing its petrochemical portfolio and especially with high added value polymers.
Considering that acrylonitrile is part of the buildings blocks to produce Acrylonitrile Butadiene Styrene (ABS), one of the most common technical plastic used in the automotive, consumers goods and all industrial applications.
Regarding the sodium cyanide, most of the applications rely on the metal mining, especially gold mining.

From the technical and commercial studies, Sabic, Asahi and Mitsubishi have sized the Jubail Acyrlonitrile and Sodium Cyanide Project to:
 – 200,000 t/y of acrylonitrile
 – 40,000 t/y of sodium cyanide

In 2012, Sabic, Asahi and Mitsubishi selected the South Korean engineering company Daelim Industrial (Daelim) to perform the front end engineering and design (FEED) for the Jubail Acrylonitrile project.
Then Daelim completed the FEED work for the project opening the way to Sabic and its partners to move the project forward.



Sabic Postpones Acrylonitrile Plant

Because of escalating costs, Sabic has postponed to build a world-scale acrylonitrile complex at Al Jubail, Saudi Arabia.

In May 2011, SABIC, the japanese Asahi Kasei Chemicals Corp., and Mitsubishi Corp signed a strategic joint venture agreement to form a limited liability company, Saudi Japanese Acrylonitrile Company (Shrouq; sunrise in Arabic). The facility was to produce 200,000 m.t./year of acrylonitrile and 40,000 m.t./year of sodium cyanide.


Saudi Arabia's SABIC posts fourth-quarter loss, sees slowdown in 2020

Saudi Basic Industries Corp (SABIC) expects a slowdown in demand in 2020, CEO Yousef al-Benyan said on Wednesday, after the world's fourth-biggest petrochemicals maker reported a fourth-quarter loss.

SABIC's first quarterly loss in more than a decade, sparked by lower average selling prices and a writedown at an affiliate, sent its shares down 2% to 86.90 riyals in early trade.

SABIC fell to a net loss of 720 million riyals ($192 million) from a profit of 3.22 billion a year earlier.

The CEO said a slowdown in economic growth, particularly in China and Europe, had weighed on the petrochemicals industry.

"At the same time, there is additional capacity coming to the market, specifically from the U.S. and China," he said.

"This has really put pressure on product margins and slowed demand in certain markets, therefore we have seen a slowdown in the second half of 2019 and we anticipate that the market will be more or less the same in 2020."

Benyan said it was too early to assess the impact of the outbreak of the coronavirus in China.

"We have already seen an extension on Chinese holidays, this by itself creates some impact and hopefully by the end of next week we'll have much better clarity, but I assume that as soon as this is over, demand will go back."

Yousef Husseini, an analyst at EFG Hermes, said: "In my view, first quarter 2020 is likely to be equally, if not more challenging than the fourth quarter from an operational perspective."

In the fourth quarter SABIC was impacted by a 2.8 billion riyal impairment provision at affiliate Arabian Industrial Fibers Co (Ibn Rushd). SABIC took 1.3 billion riyals in non-recurring charges, relating to its affiliate.

Ibn Rushdで2.8 billion riyal の減損、SABICの持分の損失1.3 billion riyal 

"SABIC will not exit Ibn Rushd and it will remain one of the main SABIC products in the local market," Benyan said.

Ibn Rushd's complex in Yanbu, on Saudi Arabia's Red Sea coast, produces products including aromatics and purified terephthalic acid (PTA) used in making polyester.

EU antitrust regulators are set to rule on Feb. 27 on Saudi Aramco's $69.1 billion acquisition of SABIC. Aramco agreed to buy a 70% stak


SABIC's chemicals business was impacted by a decrease in demand growth while polyethylene (PE) was “negatively affected by concerns of overcapacity and slowing growth”.

The polypropylene (PP )and polycarbonate (PC) product lines were hit by lower prices.

Spreads to feedstock for PE, monoethylene glycol (MEG) and PP, key products for the company, tracked lower year on year and compared with the 2019 third quarter, whether ethane-, propane- or naphtha-based.

Fertilizers and steel prices were also marked lower in the fourth quarter, year on year.


In the last year, SABIC also received approvals to merge two wholly-owned affiliates, Saudi Petrochemical Company (SADAF) with its wholly-owned affiliate Arabian Petrochemical Company (PETROKEMYA). The move is part of SABIC’s strategic transformation plan to increase the efficiency and competitiveness of its global operations.

Shell は2017/1月22日、SABIC とのJV SADAF の持ち分(50%) をSABIC に820百万ドルで売却する契約に調印した。所要手続きを経て今年後半に完了する予定。

Regulatory approvals received in 2019 also enabled SABIC to increase its stake in Ar-Razi, the world’s largest methanol complex, to 75 percent and renewed its partnerships with Japan Saudi Arabia Methanol Company (JSMC) for a further 20 years.

In the same period, SABIC and Exxon Mobil broke ground on a new joint venture project in the U.S. Gulf Coast. The Gulf Coast Growth Ventures project includes a 1.8 million ton ethylene unit, which will feed a monoethylene glycol unit and two polyethylene units, and is expected to go-live in 2022.

In the last quarter, an EcoVadis evaluation of 30,000 global companies’ sustainability and CSR performance placed SABIC among the top 1% best performers in the 'Basic Chemicals, Fertilizers, Plastics & Synthetic Rubber Companies' category. SABIC and its affiliate SAFCO also received the Industry Stewardship Champion gold medal at International Fertilizer Association (IFA) Strategic Forum in France. 

Saudi Arabia's SABIC posts fourth-quarter loss, sees slowdown in 2020

Saudi Basic Industries Corp (SABIC) expects a slowdown in demand in 2020, CEO Yousef al-Benyan said on Wednesday, after the world's fourth-biggest petrochemicals maker reported a fourth-quarter loss.

SABIC's first quarterly loss in more than a decade, sparked by lower average selling prices and a writedown at an affiliate, sent its shares down 2% to 86.90 riyals in early trade.



SABIC outlines intentions for TruCircle™ to close loop on plastic recycling

SABIC today outlined intentions for its TRUCIRCLE™ initiative to help close the loop on plastic recycling with global business figures and policy makers at the World Economic Forum in Davos, Switzerland.

The four-day annual summit facilitates a series of high level debates that challenge global leaders to put forward fresh thinking around the 2020 theme of ‘Stakeholders for a Cohesive and Sustainable World’.

Closed loop recycling of plastic would see post-consumer plastic waste collected, recycled and used to make new products. For this vision to work, consumers, retailers, recyclers and manufacturers must work together to reclaim valuable materials from our waste stream and process them to make new products. This process requires a total transformation of the value chain, which SABIC has been working hard with its partners downstream and upstream to achieve.

SABIC’s ground-breaking TRUCIRCLE™ solutions encompasses the company’s circular materials and technologies including certified circular polymers from the chemical recycling of mixed plastic waste; certified bio-based renewable polymers; new polycarbonate (PC) based on certified renewable feedstock; and mechanical recycled polymers.

Yousef Al-Benyan, SABIC Vice Chairman and CEO, said: 

“SABIC is committed to achieving a more sustainable world and has an agenda in place to help customers achieve their sustainability goals. We have worked closely with partners across the value chain to advance a circular economy for the recycling of plastic waste and, in the last year, delivered TRUCIRCLE™ solutions to customers and brand-owners like Unilever and Tupperware Brands.”

He added, “SABIC is also moving forward with a semi-commercial facility that will increase the production of pyrolysis oil from plastic waste. We expect this facility, located at SABIC’s Geleen campus in The Netherlands, will be operational by 2021.”

The output from the facility will initially provide materials for SABIC’s downstream collaborators but the long term intention is to rapidly scale up the supply of its certified circular polymers for all global customers.

SABIC’s commitment to using more plastic waste as feedstock for its circular polymers runs parallel to its 2020 ambition to increase the uptake of recycled plastic from mechanical recycling. SABIC is determined to increase the amount of plastic it processes in Europe to 200Kt by 2025, in line with an EU Commission pledge.

SABIC also has been actively collaborating in international initiatives that can improve the circularity of material usage and unlock new sustainability opportunities.

In Saudi Arabia, SABIC is enabling the Kingdom to fulfil the waste management objectives of Saudi 2030 Vision including commitments to reduce landfill of waste and increase separate collection and recycling. Strategic alignments with Saudi Investment Recycling Company (SIRC), which is wholly owned by the Saudi Arabia Public investment Fund (PIF), are creating new opportunities in the waste management sector.

As part of its commitment to closing the loop, SABIC became a founding member of the World Plastics Council and the Alliance to End Plastic Waste and a partner of The Ocean Clean-Up. Each initiative aims to prevent plastic waste from reaching marine environments and ecosystems. The organisation also sees each of its TRUCIRCLE™ solutions as a firm contribution to its efforts to meet the UN Sustainable Development Goals.

In line with its strategic sustainability aspirations, SABIC works to recycle waste from its own manufacturing processes for use as secondary feedstock and started a holistic program to optimize the performance of its manufacturing facilities by improving the expertise, knowledge, and culture related to sustainability.

SABIC’s TRUCIRCLE™ solutions were showcased at the distinctive Innovation in the Circular Economy House (ICEhouse™), a concept-structure that presents new possibilities for building in closed-loop carbon systems that reduce energy and material waste.

2021/3/24   SABIC      

SABIC forms collaboration to realize the world’s first electrically heated steam cracker furnace

SABIC has signed a joint agreement with BASF and Linde to develop and demonstrate solutions for electrically heated steam cracker furnaces.

The partners have already jointly worked on concepts to use renewable electricity instead of the fossil fuel gas typically used for the heating process. With this innovative approach focusing on one of the petrochemical industries’ core processes, the parties strive to offer a promising solution to significantly contribute to the reduction of CO2 emissions within the chemical industry.

Steam crackers play a central role in the production of basic chemicals and require a significant amount of energy to break down hydrocarbons into olefins and aromatics. Typically, the reaction is conducted at temperatures of about 850 degrees Celsius in their furnaces. Today these temperatures are reached by burning fossil fuels. The project aims to reduce the CO2 emissions by powering the process with electricity. By using electricity from renewable sources, the fundamentally new technology has the potential to reduce CO2 emissions by as much as 90%.

BASF and SABIC have bundled their extensive know-how and intellectual property in developing chemical processes together with their longstanding experiences and knowledge in operating steam crackers, while Linde contributed with its intellectual property, expertise in developing and building steam cracking furnace technologies and driving future industry commercialization.

Yousef Al-Benyan, Vice-Chairman and CEO of SABIC said:
“Our industry thrives on innovation and collaboration which enable us to come-up with and deliver important contributions to urgent global challenges like resource efficiency and CO2 reduction. This agreement brings together the deep technical knowledge and implementation focus that can help transition energy-intensive processes within our industry to be low carbon emitting processes. This flagship sustainability initiative forms part of SABIC’s long-term vision and climate change strategy to transform our business through the concept of circular carbon economy”.

Dr. Martin Brudermüller, Chairman of the Board of Executive Directors of BASF SE said:
“This technology leap will be a milestone on the path to a low-emission chemical industry. We have not only developed the world’s first electrical heating concepts for steam crackers, but also want to demonstrate the reliability of key components for use in this type of high-temperature reactors. To be able to drive a timely scale-up and industrial implementation of this technology, investment support and competitive renewable energy prices will be important prerequisites.”

Juergen Nowicki, Executive Vice President Linde plc and CEO of Linde Engineering said, “With this project we are singling out a particular industrial CO2 producer. Cracking furnaces are one of the largest CO2 emission sources in the whole petrochemical value chain. This is a time-tested, optimized technology that we are now putting on a completely new footing, not in the laboratory, but on a large industrial scale. The effect this project will have is significant. We are proud to be part of it.”

The partners applied for financial grants at the EU Innovation Fund and the funding program Decarbonization in Industry (new program of the German Federal Ministry for the Environment). The parties are evaluating construction of a multi-megawatt demonstration plant at BASF’s Ludwigshafen site, targeted for start-up as early as 2023, subject to a positive funding decision.


30 March 2021 

Dow, Saudi's Sabic to market Sadara Chemical products

State-owned Saudi downstream producer Sabic and US petrochemical producer Dow will begin marketing Sadara Chemical products in the Middle East from 1 July.

Sabic and Dow will take over marketing of Sadara's products in Saudi Arabia, Egypt, Jordan, Lebanon, Palestine and Iraq, according to a letter that Saudi Arabia-based Sadara sent to its customers on 28 March. Sabic will handle polyutheranes, chemical products and polyethylene from Sadara, except for low-linear density polyethylene (LLDPE) hexene, octene and elastomers, which Dow will market and sell.

The new arrangement should not affect Sadara's operations. The products sold by Sabic and Dow will be labelled with their respective product names and trademark from 1 July, Sadara said. "This transition is not intended to impact Sadara's production or product quality, or the specifications of its products," the firm said in the letter.

Sadara is a joint venture between state-owned Saudi Aramco, which owns a 65pc stake, and Dow. Aramco completed an acquisition of a 70pc stake in Sabic last year.

Aramco and Dow also announced yesterday the restructuring of Sadara's senior debt financing on Saudi Arabia's Tadawul stock exchange. The firms have guaranteed up to $3.7bn in senior debt in proportion to their ownership interests in Sadara. The debt restructuring includes a principal repayment grace period until 15 June 2026 and an extension of the final maturity date from 2029 to 2038.

Aramco will also provide additional feedstock to Sadara as part of the new marketing arrangement.

LLDPE film was assessed last week at $1,138-1,168/t fob Saudi Arabia (CMP), according to Argus' latest data. High-density polyethylene (HDPE) film and low-density polyethylene (LDPE) film were assessed at $1,128-1,158/t fob Saudi Arabia (CMP) and $1,538-1,568/t fob Saudi Arabia (CMP), respectively, last week.

29 April 2021

Sabic to take over most of Saudi Aramco's petchem sales

Saudi Arabia's state-controlled petrochemicals producer Sabic will soon be responsible for the marketing and the sale of most of Saudi Aramco's petrochemicals and polymer products, officially becoming the chemicals arm of the oil giant.

Aramco will also transfer responsibilities for its Malaysia-based Pengerang Petrochemical Company (PRefChem), Saudi-based Sadara and South Korea-based S-Oil joint-ventures to Sabic, the firms said today.

2019/1/10 マレーシアのRAPID計画、間もなくスタート 

The new PRefChem facility in Malaysia will have the capacity to produce 750,000 t/yr of polyethylene (PE) and 900,000 t/yr of polypropylene (PP) once it comes on stream later in this year, while S-Oil operates a 405,000 t/yr PP unit in south Korea.

Sabic had already announced last month that it will begin marketing Sadara Chemical products in the Middle East from 1 July with US petrochemical producer Dow, Saudi Aramco's joint-venture partner.

Market participants were expecting the new organisation, which is set to be implemented in phases this year, ever since Aramco completed the acquisition of a 70pc stake in Sabic in June last year.

Aramco will pay the sovereign wealth Public Investment Fund (PIF) $69.1bn for the purchase, in installments until 2028.

Under the firm's new plans, Saudi Arabia's state-controlled Aramco Trading (ATC) will take over the responsibility for the offtake and resale of a number of Sabic aromatics and fuel products, including benzene, MTBE, gasoline blending components and EU cracker feedstocks. Sales of Aramco paraxylene (PX) will remain with ATC.

After completing the consolidation of petrochemical products, Sabic will exclusively handle the sales and marketing of high-density PE (HDPE), linear low-density PE (LLDPE), low-density PE (LDPE), PP copolymer, PP homopolymer, PP terpolymer, ethylene vinyl acetate copolymer(EVA), PMMA, PA6, MEG, DEG, TEG, mono-ethanolamine (MEA), di-ethanolamine (DEA), tri-ethanolamine (TEA), ethylene diamine (EDA), diethylenetriamine (DETA), ortho-toluenediamine, polymeric methylene diphenol diisocyanate (PMDI), toluene diisocyanate (TDI), propylene glycols, polyols, propylene oxide, MMA, butyl glycol ether, acetone and phenol.

The commercial agreement for PetroRabigh, a joint venture between Japanese trading house Sumitomo and Aramco, was not mentioned in today's announcement. PetroRabigh's derivative petrochemical units include production capacity for 700,000 t/yr of PP, 600,000 t/yr of LLDPE/ HDPE, 300,000 t/yr of HDPE, 160,000 t/yr of LDPE, 400,000 t/yr of benzene and 1.3mn t/yr of PX.

Some existing marketing and sales activities were also excluded. These were Aramco's excess production of olefins, Netherlands-based producer Arlanxeo's rubber and elastomer, US-based producer Motiva's cyclohexane, propylene and ethylene, and S-Oil's domestic marketing and sales in South Korea.

The shipping of various products also comes under the plan. "Responsibility for the commercial aspects of liquid bulk marine shipping services will be consolidated under ATC (including chemicals and feedstock), while responsibility for the shipping of all solid products and customer product delivery will be consolidated under Sabic," the firms said.


ExxonMobil, SABIC JV mechanically completes PE, EG units at US site

The parent companies of Gulf Coast Growth Ventures, a joint venture of ExxonMobil and SABIC, announced on Monday that mechanical completion of the polyethylene (PE) and ethylene glycol (EG) facilities at their new petrochemical complex near Corpus Christi, Texas, has been achieved.

The complex is anticipated to start-up ahead of schedule in the fourth quarter of 2021, they said.

The complex features two PE units with a combined capacity of 1.3m tonnes/year as well as an EG unit with a capacity of 1.1m tonnes/year. The complex will also include a 1.8m tonne/year ethane cracker. The companies said the project is expected to competed under budget and at cost of around 25% less than similar units located along the US Gulf Coast.

PE   130万トン(65万トンx2)

“Gulf Coast Growth Ventures is a key development of our plan to serve growing demand for our high value performance products,” said Karen McKee, president of ExxonMobil Chemical. “This is truly a best-in-class project, as demonstrated in schedule acceleration and cost competitiveness, despite the many challenges related to the COVID-19 pandemic.”

“We are very proud to bring GCGV one step closer to operations,” said Abdulrahman Al-Fageeh, SABIC’s executive vice president of petrochemicals. “Not only are we ahead of schedule, but we have executed this project with the highest commitment and emphasis on safety with nearly 18m safe person-hours worked.”



SABIC inks $6bn China petrochemical deal

Aramco’s chemical arm, SABIC, has signed a joint venture contract with China's Fujian Petrochemical Industrial Group (FJPEC:福建石油化工集团有限责任公司) to build a mega petrochemical complex in China, the Xinhua News Agency reported.
The complex will be built at the Gulei Industrial Park in Zhangzhou city, 漳州市古雷工業園區east of China's Fujian Province, at a total investment of 40 billion yuan ($6.18 billion). 

It will consist of a mixed feed steam cracker that holds an annual ethylene capacity of 1.5 million tons, as well as a series of downstream facilities including a mono ethylene glycol (MEG) unit, two polyethylene (PE) units, two polypropylene (PP) units, one polycarbonate (PC) unit and several by-product units.
Sabic had announced in September 2018 that it had signed a memorandum of understanding (MoU) with the Fujian provincial government to build a world-class petrochemical complex in China's southeastern province.




SINOPEC SABIC Tianjin Petrochemical を持つ。エチレンは年産100万トン。

SABICはまた、2016年5月30日に、神華寧夏煤業集団 (Shenhua Ningxia Coal Industry Group) との間で中国で石油化学コンプレックスを建設する協定書にサインしたと発表した。

同じサウジのSaudi Aramco は、福建省泉州にExxonMobil 及び福建煉油(SINOPECと福建省政府の50/50JV)とのJVのFujian Refining & Petrochemical を持っている。

そのSaudi Aramco はSABICの経営権取得に向け、動いている。その場合、Saudi Aramco の石化部門とSABIC が統合する可能性がある。

2018/9/19 SABIC、BASFも中国で新規エチレンセンター構想



Sabic buys Swiss Group Clariant’s 50% share in JV

Sabic, a global leader in the chemical industry, has signed an agreement to purchase Swiss group Clariant’s 50 percent stake in specialties company Scientific Design, currently a 50/50 joint-venture with Sabic.  

SABICは2003年に吸着剤と触媒のメーカーである Süd-Chemie と組んで、Linde AG からScientific Design Company Inc.を買収し、50/50 JV とした。

その後、2011年にClariantがSüd-Chemieを買収した結果、現在 Scientific Design はSABICとClariant の50/50 JV である。→ SABIC 100%

Clariant は2018年1月25日、SABICがClariantの株式の24.99%を取得し、最大株主になったと発表した。→2020/3  買い増しし、31.5%に

2018/2/2 SABIC、Clariantに出資 

Subject to regulatory approval, expected in mid-2022, the transaction will give Sabic full ownership of Scientific Design, which is a leading licensor of high-performance process technologies and catalysts producer.

The move is aimed at securing a greater share of the Specialties market. Last year, Sabic repositioned its Specialties division as a stand-alone strategic business unit to unlock organic and inorganic growth opportunities that are independent of feedstock dynamics.

Sabic Vice Chairman and CEO, Yousef Al-Benyan said: “Catalysts are the foundation of our business. The acquisition of Scientific Design will strengthen our non-cyclical technology-oriented specialty business and move us closer to our long-term goal of becoming a global Specialties leader.

“This is a growing global market and the Middle East region alone sources nearly $1.5 billion worth of catalysts per year. We recognize the opportunity to help meet increasing catalyst demands, increase security of supply and the level of innovation with the sector.”

With its key manufacturing plant and business headquartered in New Jersey, USA, Scientific Design has operated as a joint venture for almost 20 years following Sabic’s 50 percent acquisition of the business in 2003. Employing more than 170 people globally, it is a leading licensor of high-performance process technologies and a developer of catalysts that are used in over 100 plants across more than 30 countries.

Scientific Design is a recognized leader and a strategic fit for Sabic that can strengthen and complement the high-performance capabilities of Sabic’s Specialties business. For almost 20 years, it has thrived as a Sabic joint venture securing a position at the forefront of innovation and sustainability in the chemical industry. By fully aligning mutual strengths Sabic can realize new growth potential.

Sabic’s Specialties business produces highly differentiated products which include specialty engineering thermoplastic resins and compounds, composites, thermosets & additives, and additive manufacturing solutions as well as catalyst and process technologies.

10 Mar 2022 
China approves JV between SABIC and local petrochemical group 
China on Thursday approved the establishment of a joint venture between Saudi Basic Industries Corp (SABIC) and China's Fujian Petrochemical Industrial Group (FJPEC), according to a Chinese government-run platform.
The launch of the joint venture follows a memorandum of understanding (MoU) signed between SABIC and the Fujian provincial government in 2018 and a more detailed contract in 2021 to build a petrochemical complex.



2018/9/19 SABIC、BASFも中国で新規エチレンセンター構想
The new firm is set to invest 40 billion yuan ($6.33 billion) to build a 1.5 million tonne per annum ethylene production complex at the Gulei Petrochemical base in the costal Fujian province.
There are plans for the complex to include a series of downstream production units, including an ethylene glycol (MEG) unit, two sets of polyethylene (PE) units, two polypropylene (PP) units and a polycarbonate unit.
Registration capital of the joint venture is 13.2 billion yuan, according to the government platform. 

Saudi's SABIC and Aramco plan to start project to convert crude into petrochemicals

Saudi Basic Industries Corporation (SABIC) and Saudi Aramco are planning to start a joint project to convert crude into petrochemicals in Ras Al Khair, 
the kingdom's energy minister Prince Abdulaziz bin Salman said on Wednesday (Nov 23).

The project, the first of its kind in Saudi Arabia, will be completed in coming years and have a capacity of 400,000 barrels of crude per day, he added.

During an event to open a SABIC building in Al Jubail, the prince also said Saudi Arabia plans to open a new port in the industrial city of Ras Al Khair to export petrochemicals.

Dec 02, 2022 
Sabic, Saudi Aramco and Poland’s PKN Orlen sign pact to explore joint investment

Saudi Basic Industries Corporation (Sabic) and the kingdom's oil major Saudi Aramco have signed an initial agreement with Poland's refining company PKN Orlen to explore the potential of joint investments 
in petrochemical projects in Poland and markets in central and eastern Europe.

The three companies have agreed to study and collaborate on opportunities including a new chemical production unit in Poland and the expansion of several existing assets, Sabic said in a statement on its website on Thursday.

The companies will also study the development of a new cracker — a unit which converts convert crude oil into petrochemical feedstock — in Poland, it said.

If the parties agree to invest in the petrochemical project, they will enter into a separate project joint development agreement, Sabic said.

“By bringing together the scale, expertise and technologies of three world-leading companies, this MoU enables us to identify and assess opportunities for ambitious and sustainable growth,” Abdulrahman Al-Fageeh, 
Sabic's executive vice president for petrochemicals, said.

Saudi Arabia's petrochemicals and energy companies are increasingly exploring investment opportunities beyond the kingdom's borders and looking to form joint ventures and partnerships 
as they seek to expand their operations globally.

Sabic's majority owner Aramco earlier this week completed three transactions with PKN Orlen, Poland's top refiner and fuel retailer. 
Aramco acquired a 30 per cent stake in PKN Orlen’s 210,000 barrels-per-day refinery in Gdansk, a 100 per cent stake in its associated wholesale business 
and a 50 per cent stake in a plane fuel marketing joint venture with BP Europa that operates in seven airports in Poland.
November 30, 2022 

The Saudi Arabian Oil Company, one of the world’s leading integrated energy and chemicals companies, has successfully closed three landmark transactions with Polish refiner and fuel retailer PKN ORLEN, through its subsidiary Aramco Overseas Company BV, based in the Netherlands.

As part of the transaction, first announced in January 2022, the Company acquired equity stakes of 30% in a 210,000 barrels-per-day refinery in Gdansk; 100% in an associated wholesale business; and 50% in a plane fuel marketing joint venture (LOTOS-Air BP Polska Ltd) with BP Europa SE, which operates in seven airports in Poland, following PKN ORLEN’s merger with Grupa LOTOS (2022/8/1) .

The agreements represent a significant milestone in Aramco’s long-term strategy to grow its integrated refining and petrochemicals capacity, and expand its product portfolio across the entire hydrocarbon value chain. The transactions also seek to establish a solid foundation for further business development, and aim to complement Aramco’s strategy to expand its liquids to chemicals capacity to up to 4 million barrels per day. 

Mohammed Y. Al Qahtani, Aramco Senior Vice President of Downstream, said: “These investments are part of our efforts towards cementing Aramco’s presence in a key European market, and provide a unique opportunity to develop new liquids to chemicals pathways, with hopes of expanding our global downstream footprint and supporting the diversification of our portfolio. At the same time, we aspire to continue developing our product portfolio through our ongoing downstream transformation strategy.”

Daniel Obajtek, President of the PKN ORLEN Management Board, said: “These transactions are of strategic importance in further strengthening energy supplies, not only in Poland but for the entire region. We have built the largest company in Central Europe with a diversified portfolio of assets that will effectively strengthen current business lines and develop new ones. This creates new growth opportunities to allow us to continue to expand in prospective and high-margin products.”

Aramco and PKN ORLEN have also entered into a crude oil sales agreement, pursuant to which Aramco will supply approximately 45% of PKN ORLEN’s crude oil requirements. In addition to the investments, Aramco, SABIC and PKN ORLEN have signed a joint development agreement to assess the technical and economic feasibility of a potential petrochemical project in the Polish city of Gdansk. 

Opec's top crude exporter Saudi Aramco, which owns a 70 per cent stake in Sabic, has been investing billions of dollars in downstream projects to extract more value from its crude oil output.

PKN Orlen is Poland’s top energy group and specialises in the manufacturing, distribution, wholesale and retailing of refined petrochemical products. It operates several refineries in Poland, Lithuania and the Czech Republic.

Sabic, the Middle East's biggest petrochemicals producer, last month said it is planning to set up a plant to convert crude oil into petrochemicals, capitalising on growing demand.

The crude-to-chemicals complex in Ras Al Khair, in the east of Saudi Arabia, is expected to convert 400,000 barrels per day of oil into chemicals.

The petrochemicals industry is expected to be a major driver of crude oil demand in the next few decades as consumers increasingly switch to electric vehicles. Globally, the sector is projected to be worth roughly 
$800 billion by 2030, up from about $475 billion in 2020, according to Precedence Research.

Petrochemicals are set to account for more than a third of the growth in oil demand to 2030, and nearly half to 2050, ahead of lorries, aviation and shipping, according to the International Energy Agency.

2022/12/28         SABIC, OQ (formerly Oman Oil)  and KPI Sign a Joint Development Agreement for a World-Scale Petrochemical Complex in Duqm,Oman

SABIC, OQ and KPI Sign a Joint Development Agreement for a World-Scale Petrochemical Complex in Duqm

SABIC, OQ and Kuwait Petroleum International (KPI) have signed a Project Development Agreement of a jointly owned petrochemical complex in the Special Economic Zone at Duqm (SEZAD), the Sultanate of Oman. The three companies aim to establish a petrochemical complex consisting of a steam cracker and derivative units and a natural gas liquid (NGL) extraction facility. They will conduct the necessary studies and collaborate using their wealth of technical and commercial experience to develop the project with unique attributes that make it globally competitive and profitable for all three partners.

OQ : formerly known as Oman Oil Company

The agreement was signed by Abdulrahman bin Saleh Al Fageeh, SABIC CEO (A); Talal bin Hamed al Awfi – OQ Group CEO; and Shafi Taleb Al-Ajmi, CEO of Kuwait Petroleum International.

Commenting on this agreement, Abdulrahman Al-Fageeh, SABIC CEO (A), said, “SABIC’s collaborative approach has built longstanding relationships of collaboration, delivered innovative solutions and created mutual value for more than 45 years. This agreement enables us to identify and assess opportunities for ambitious and sustainable growth by bringing together our capabilities, expertise and technologies and working collectively with our partners. Our involvement in this well-positioned project is consistent with our growth strategy and Saudi Vision 2030 goals to develop a stronger downstream business, addressing challenges in the petrochemicals industry such as carbon neutrality, and providing diversified and sustainable products.”

Talal Al Awfi, OQ Group CEO said, “OQ is proud of this historic agreement with our partners SABIC and KPI. The agreement is a significant milestone reached between the partners and comes at an important time in Oman along with our 52nd national day celebrations and the near completion of the OQ8 refinery project in SEZAD being undertaken by OQ and KPI through the OQ8 joint venture. This agreement also comes in line with Oman Investment Authority (OIA) plans to attract foreign investments to support realize Oman’s vision 2040 in its endeavour to diversify Oman’s economy”.

KPI’s President and Chief Executive Officer, Shafi Taleb Al-Ajmi commented, “We are pleased to work side by side with OQ and SABIC on this pioneering project in Oman, because working with our regional partners supports KPC's 2040 strategy for growth in the petrochemical industry and enhances integration between the refining and petrochemical sectors. The project also supports the economic growth and development of the Special Economic Zone at Duqm (SEZAD).”

Petrochemicals’ demand is expected to continue its growth path as living standards and human development improve, particularly in growing markets close to Oman. The project intends to monetise Natural Gas Liquids and other feedstocks from OQ and KPI’s joint venture refinery, OQ8 in Duqm, to manufacture petrochemical products targeting growing markets linked to energy transition, clean technologies, mobility, construction, durable goods, healthcare and packaging amongst others.

The project intends to deploy state-of-the-art technologies to minimise carbon footprint and incorporate circular economy aspects and commit to high environmental standards. This mega project would support the region’s development aspirations, maximizing socio-economic impacts as well value addition to these companies. In addition, the project would also benefit from the excellent location of Duqm being close to markets and taking advantage of the infrastructure which has been developed in the area, as OQ continues in its strategy to help develop SEZAD as manufacturing and logistics hub in line with vision 2040.



SABIC Denies Reports of Pursuing Braskem Stake, Advocates Transparency

Saudi Basic Industries Corp. has officially refuted claims of intending to submit a bid for acquiring a stake in the Brazilian petrochemical company Braskem.

These rumors were initially reported by Brazil's Valor newspaper, citing unnamed sources who suggested SABIC's interest in Braskem and a potential solo bid, distinct from any consortium efforts with Abu Dhabi National Oil Co. (ADNOC). Notably, ADNOC had previously proposed a takeover bid for a controlling share in Braskem, offering 37.29 Brazilian real per share, aiming to secure the majority of the 38.3% stake currently held by Novonor, Braskem's largest shareholder.

In a clarifying statement issued on February 21, SABIC addressed the inaccuracies of these media reports and underscored its dedication to transparency in its investment endeavors. The company stressed the significance of relying on official channels for accurate and reliable information concerning its investment activities. This denial directly contradicts the earlier reports suggesting SABIC's potential acquisition move towards Braskem, as initially outlined by Valor.


23-Feb-2024 ChemAnalyst1News 

SABIC Aims to Acquire Stake in Brazilian Petrochemical Firm

Saudi Basic Industries Corp. (SABIC), a prominent entity listed on the Saudi stock exchange, is gearing up to make a bid to acquire a stake in Braskem, a leading petrochemical company headquartered in Brazil. Contrary to previous speculations, SABIC plans to pursue an independent bid for the stake in Braskem and will not engage in a partnership with the Abu Dhabi National Oil Co. (ADNOC) from the United Arab Emirates (UAE) for this endeavor. Reports indicate that ADNOC has already initiated the due diligence process in connection with this potential transaction.

In November 2023, ADNOC kickstarted a takeover bid with the aim of acquiring the majority of the 38.3% stake held by Novonor, a prominent Brazilian conglomerate. If this proposed transaction materializes, Novonor would retain only a minimal 3% portion of its current stake in Braskem.

However, despite earlier speculations suggesting SABIC's interest in acquiring a stake in Braskem, the company has refuted such claims. SABIC issued a statement addressing the media speculation, clarifying that there are no plans in place to submit a bid for a stake in Braskem. This clarification marks a departure from the previous reports that had been circulating in the media.

Saudi Basic Industries Corp. (SABIC), officially recognized as the Saudi Basic Industries Corporation, holds a distinguished position as a global leader in the chemical industry, with its headquarters situated in Riyadh, Saudi Arabia. Renowned for its extensive manufacturing capabilities on a global scale, SABIC specializes in the production of a diverse range of chemicals, encompassing both commodity and high-performance plastics, agri-nutrients, and metals.

In 2017, Saudi Basic Industries Corp. (SABIC) achieved the fourth position globally among chemical companies, as per the Fortune Global 500 rankings. By the conclusion of 2018, SABIC ascended to become the 281st largest corporation worldwide. In 2014, the company recorded impressive sales revenues totaling $50.4 billion, with profits reaching $6.7 billion and assets amounting to $90.4 billion. Moreover, SABIC earned recognition as the world's second most valuable brand in the chemicals industry by Brand Finance in 2021.

On the other hand, Braskem operates as a prominent Brazilian petrochemical company, headquartered in São Paulo. Established as the largest petrochemical company in Latin America, Braskem has emerged as a significant player in the global petrochemical market, ranking as the 8th largest resin producer worldwide.


2024/2 株主

  議決権 全体  
Novonor* 50.1% 38.3%


Petrobras 47.0% 36.1%  
その他 2.9% 25.5%  

* formerly called Odebrecht