The boards of directors of Saudi Aramco, Dow Chemical Company, and the Sadara Chemical Company gathered at the Sadara complex recently to get a closer look at the significant progress made at the facility.
The visit was headed by Saudi Aramco Chairman of the Board of Directors HE Khalid A. Al-Falih and Dow Chairman and CEO, Andrew Liveris. Board members heard presentations about the overall project progress, which is now 98% complete.
The group also took a tour of the Sadara facilities, as well as the adjacent PlasChem Park, which is being developed for local manufacturers to make use of Sadara’s specialty feedstocks.
The $20bn project is the world’s largest chemical complex ever built in a single phase.
The 6km2 complex is comprised of 26 plants, 14 of which are producing specialty chemical products that have never been produced in the Kingdom previously.
One of these plants, the Solution Polyethylene plant, has already begun production and shipped its first products to Singapore late last year.
Al-Falih commended the board members from Dow and Saudi Aramco for their “bold” decision more than eight years ago to form a partnership to build Sadara.
“Sadara represents a bold undertaking for both Saudi Aramco and for Dow,” Al-Falih said.
“For us at Saudi Aramco, it is a major driver in achieving our goals of greater integration and value addition. Sadara represents the concrete realisation of our distinct, yet complementary, corporate visions — it is one way in which Saudi Aramco is helping to deliver on its commitment to the Kingdom.”
