Saudi Hydrogen Peroxide, a new company created by Brussels-based chemicals company Solvay and Sadara Chemical, has started constructing one of the world's largest hydrogen peroxide plants in Jubail on the Gulf coast.

The plant, the first of its kind in the kingdom and the third joint venture for Solvay, will have a capacity of more than 300,000 metric tons per year when it starts production in 2015, the firm said in an emailed statement.

Sadara, the $19.3 billion petrochemical joint venture between state oil giant Saudi Aramco and Dow Chemical, will use output from the plant as a raw material for the hydrogen peroxide-to-propylene oxide manufacturing plant in its mega complex in Jubail Industrial City II. – TradeArabia News Service