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Dow and Aramco confirmed Jubail for the new JV project

August 09/2010

(plastemart) -- Saudi Aramco and Dow Chemical Co have confirmed Jubail Industrial City as the planned site location for their proposed joint venture petrochemical project. The decision followed an in-depth evaluation anticipated infrastructure benefits and various potential business integration opportunities at the location Ц the largest industrial complex of its kind in the world. Front-end engineering and design (FEED) work is expected to be completed in mid-2011.

 

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MRC Reference

Share in the Russian market, 2008:

 polyethylene - 2.5% (including LLDPE Ц 33.1%);

 polypropylene Ц 0.8% (including  PP-impact - 1.1%);

 polystyrene Ц 2.6%.

 Annual sales growth in Russia, recent 5 years:

 polyethylene - 55%;

 polypropylene Ц 28%;

 polystyrene Ц 2%.

 Imports by processing technologies:

 pipe extrusion;

 film extrusion;

 sheet extrusion;

 foaming

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