Saudi-Korean JV Signs Offtake Deal with Sadara

01.06.2016 -

Surfactants’ Detergent Company (SDC) has entered into a feedstock supply agreement with Sadara Chemical for its proposed detergents plant in PlasChem Park, Saudi Arabia. Sadara will supply ethylene oxide and propylene oxide via pipeline to SDC, which will focus on meeting the domestic market’s demand for detergents.

Further details regarding the plant’s capacity and a start-up date were not divulged. SDC is a consortium comprising Saudi companies Ahmad K. Al-Amoudi and Maydan Industry for Industrial Developments & Investment, and South Korean technology provider SFC. Infrastructure development at Plaschem Park, located in Jubail Industrial City II adjacent to Sadara’s massive petrochemical complex, is nearly complete.

Sadara said the park is uniquely positioned to enable and support downstream industries in many end-use markets. It is said to be attracting investments from a variety of sectors including construction materials, paints and coatings, and home and personal care products. The Kingdom is moving to diversify its oil and commodity-based economy into more value-added and specialty products.