Sadara Chemical has signed a deal to supply ethylene oxide (EO) and propylene oxide (PO) to SADIG-ILCO, a new Saudi-German joint venture focused on EO and PO derivative products, Sadara said in a statement late Tuesday.
Under the deal, SADIG-ILCO’s new PlasChem Park facility at Jubail Industrial City II in Saudi Arabia will offtake EO and PO from Sadara through pipelines being established by Sadara.
SADIG-ILCO is a joint venture between Saudi SADIG Industries and German specialty chemicals company ILCO Chemikalien.
SADIG develops and promotes downstream industries in Saudi Arabia. ILCO, based near Dusseldorf, develops and markets its own specialty products, and it distributes products for major chemical companies.
Sadara, for its part, is a joint venture between Saudi Arabian Oil Co (Saudi Aramco) and Dow Chemical.
Source: ICIS News
Synthomer announced the appointment of Lily Liu as Chief Financial Officer (CFO). Lily will take up the role no later than 1 July 2022, succeeding Steve Bennett who announced in August 2021 that he would step down once a suitable successor was in place.
Westlake Chemical (Houston, Texas) has reached agreement to acquire Hexion’s (Columbus, Ohio) epoxy business for approximately $1.2 billion. Westlake says the deal enhances chlorine and olefins integration and brings attractive opportunities in high-growth epoxy markets, including wind turbine blades, automotive lightweighting, aerospace and consumer coating applications.
Tetra Pak Iberia is launching a gamified app experience in partnership with digital studio Appetite Creative. The technology is enabled though scannable QR codes printed on drinking cartons and available to all brands in Southern Europe.
