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SABIC and ExxonMobil joint venture moves into FEED stage

March 01/2011

(SABIC) -- Saudi Basic Industries Corporation (SABIC) and affiliates of ExxonMobil Chemical announced that work on their proposed elastomers project joint venture has moved fully into Front-End Engineering and Design (FEED).

SABIC and ExxonMobil have selected Jubail Industrial City as the site for the new manufacturing units following a comprehensive evaluation of a number of variables, including integration opportunities with their existing petrochemical joint venture at KEMYA, to determine the best location for producing these specialty products. 

As previously announced, plans would establish a domestic supply of more than 400 KTA of rubber, thermoplastic specialty polymers (EPDM/TPE, TPO, Butyl, SBR/PBR) and carbon black to serve emerging local and international markets in Asia and the Middle East.

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