Sadara supplies chemicals to SADIG-ILCO through long-term contracts in PlasChem Park

SourceSaudi Gazette
SectorOil & Gas
CountrySaudi Arabia

JUBAIL INDUSTRIAL CITY, Saudi Arabia — Sadara Chemical Company (Sadara) and SADIG Industries and ILCO Chemicals (SADIG-ILCO), a Saudi-German joint venture focused on the manufacture of a wide range of specialty chemicals, have signed long-term agreements through which Sadara will supply feedstock chemicals to SADIG-ILCO’s future chemical manufacturing facility in Jubail’s PlasChem Park. This 20-year contract follows a successful primarily agreement that were signed previously between the companies.The new agreements were signed by Sadara’s CEO Dr. Faisal Al-Faqeer, SADIG Industries’ Managing Director Eng. Ahmed Alubaid and ILCO Chemicals’ Technical Executive Officer Dr.

Corvin Volkholz during a formal ceremony at Sadara’s Business Complex, here, in the presence of Dr. Abdulrahman Alubaid, co-founder of SADIG Industries, and Eng. Turki Al Mady, Dussur's chief investments officer (CIO).Under the terms of the supply agreements, SADIG-ILCO’s new PlasChem Park facility will offtake Ethylene Oxide (EO) and Propylene Oxide (PO) from Sadara through the new EO and PO pipelines that are being built by Sadara. Using these products as feedstock, SADIG-ILCO will manufacture a range of specialty chemicals more...