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Article: Dow in Saudi Arabian and Chinese joint venture plans.(materials marketplace)
- Article from:
- British Plastics & Rubber
- Article date:
- June 1, 2007
CopyrightCOPYRIGHT 2007 Euro Publishing Consultancy. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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DOW Chemical is in final discussions with Saudi Aramco-'the world's largest oil company'--to build 'one of the largest grassroots plastics and chemicals production facilities in the world' in Saudi Arabia. And in China it is liaising with the Shenhua Group to build a coal-to-chemical plant which would produce feedstocks for plastics.
Dow and Saudi Aramco have signed a detailed memorandum of understanding covering the construction, ownership and operation of the Ras Tanura Integrated Project. The joint venture will be operationally integrated with Saudi Aramco's RasTanura Refinery complex and its Ju'aymah gas processing plant, two of the largest facilities of ...