Giant elastomer plant set for Saudi by Sabic and ExxonMobil

ERJ staff report (RD)

Riyadh, Saudi Arabia - Saudi Basic Industries Corp and ExxonMobil Chemical have signed a Heads of Agreement (HOA) for a proposed multi billion-dollar elastomers project in Saudi Arabia, Sabic said in a 19 Nov statement. The new project will be at Sabic and Exxon joint ventures, Yanbu Petrochemical Company (Yanpet) in Yanbu and Al-Jubail Petrochemical Company (Kemya) in Jubail.

The company said the project would establish a domestic supply totalling over 400 kT / year of carbon black, EPDM, TPO, Butyl, SBR/PBR to local and international markets. Dr.-Ing Bruno Pary, previously head of ExxonMobil's EPDM business,  is in charge of the project on the Exxon side, but he declined to give any further details, nor would he break down the combined total by product stream. 

The project will also include “a vocational training institute and product application development and support centre as part of the scope,” Sabic added.

The HOA covers details of project scope, technology, marketing and feedstock supply.

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Press release from Sabic