Al Labban ... Sadara on schedule
Sadara chemical complex now 75pc complete: CEO
DUBAI, November 30, 2014
Construction of the $20-billion Sadara chemical complex in Jubail Industrial City II, Saudi Arabia, has reached 75 per cent and is proceeding on plan and on schedule with best-in-class performance in safety, said Ziad Al Labban, CEO of Sadara Chemical Company (Sadara), now the largest chemical complex ever built in the world in a single phase.
During his welcome remarks at the 9th Annual Gulf Petrochemicals and Chemicals Association (GPCA) conference and exhibition Al Labban also mentioned that the complex had reached peak construction with more than 54,000 dedicated construction personnel on-site at the beginning of the fourth quarter, 2014.
“A key differentiator for Sadara is our commitment to further developing Saudi Arabia’s downstream industry and the concept of “Made in Saudi Arabia” through the visionary idea of PlasChem Park, a collaboration between Sadara and the Royal Commission for Jubail and Yanbu,” said Al Labban.
“With 14 of the 26 manufacturing units being constructed at the Sadara complex completely new to the kingdom, we will enable a host of opportunities for local Saudi and international players to invest in facilities to capitalise on and make use of our differentiated products, thereby jumpstarting this key downstream manufacturing concept,” concluded Al Labban.
The 2014 GPCA Annual Forum received more than 2,000 delegates from around the world this year, providing an essential regional platform for industry players to meet, discuss and share knowledge, experience and expertise.
Sadara is a joint venture developed by the Saudi Arabian Oil Company (Saudi Aramco) and The Dow Chemical Company. The Sadara complex is the world’s largest to be built in a single phase and will be the first in the Middle East to use refinery liquids, such as naphtha, as feedstock.
By using best-in-class technologies to crack refinery liquid feedstock, Sadara will enable many industries that either currently do not exist in Saudi Arabia or only exist through imports of raw materials.
The adjacent PlasChem Park, a unique collaboration between Sadara and the Royal Commission for Jubail and Yanbu, will create more value downstream, generating unprecedented investment, innovation, economic growth and thousands of jobs.
Sadara is on track to deliver its first products in the second half of 2015, with the complex in full operation in 2016. - TradeArabia News Service
