Saudi FM calls Indian, Pakistani counterparts to discuss developments    Al Hilal thrash Gwangju to reach AFC Champions League Elite semi-finals    Saudi Arabia cracks down on fraudulent Hajj campaigns, urges pilgrims to use official channels    Nammos Amala Resort to open soon with Saudi-Greek designs    Saudi Arabia completes 674 Vision 2030 initiatives, achieves 93% of KPIs as ninth-year milestone marked    Literature Commission inaugurates Saudi Pavilion at Muscat Book Fair    Saudi Minister of Culture holds talks with his Costa Rican counterpart in Jeddah    Alkhorayef praises advancements in Al-Kharj food industries sector    MHRSD: 80% of recruitment offices are non-compliant with regulations    At least 50 Palestinians killed in Israeli strikes across Gaza    Teenage girl killed in French school stabbing attack    Trump claims meeting with China after Beijing denies any trade negotiations    GACA chief chairs 16th meeting of the Steering Committee on aviation's strategy    Saudi Theater Commission launches its Work and Learn Project in UK    The season has begun — and one comment shook us all    Jennifer Lopez dazzles in Jeddah with a Formula 1 performance    Saudi Arabia open to expanded 64-team World Cup in 2034, says sports minister    Average life expectancy in Saudi Arabia rises to78.8 years    Film Commission launches 'Cinema' initiative to enhance content    Famed Philippine film star Nora Aunor dies at 71    Pakistani star's Bollywood return excites fans and riles far right    Veteran Bollywood actor Manoj Kumar dies at 87    Bollywood actress vindicated over boyfriend's death after media hounding    Grand Mufti rules against posting prayers and preaching in mosques on social media    Exotic Taif Roses Simulation Performed at Taif Rose Festival    Asian shares mixed Tuesday    Weather Forecast for Tuesday    Saudi Tourism Authority Participates in Arabian Travel Market Exhibition in Dubai    Minister of Industry Announces 50 Investment Opportunities Worth over SAR 96 Billion in Machinery, Equipment Sector    HRH Crown Prince Offers Condolences to Crown Prince of Kuwait on Death of Sheikh Fawaz Salman Abdullah Al-Ali Al-Malek Al-Sabah    HRH Crown Prince Congratulates Santiago Peña on Winning Presidential Election in Paraguay    SDAIA Launches 1st Phase of 'Elevate Program' to Train 1,000 Women on Data, AI    41 Saudi Citizens and 171 Others from Brotherly and Friendly Countries Arrive in Saudi Arabia from Sudan    Saudi Arabia Hosts 1st Meeting of Arab Authorities Controlling Medicines    General Directorate of Narcotics Control Foils Attempt to Smuggle over 5 Million Amphetamine Pills    NAVI Javelins Crowned as Champions of Women's Counter-Strike: Global Offensive (CS:GO) Competitions    Saudi Karate Team Wins Four Medals in World Youth League Championship    Third Edition of FIFA Forward Program Kicks off in Riyadh    Evacuated from Sudan, 187 Nationals from Several Countries Arrive in Jeddah    SPA Documents Thajjud Prayer at Prophet's Mosque in Madinah    SFDA Recommends to Test Blood Sugar at Home Two or Three Hours after Meals    SFDA Offers Various Recommendations for Safe Food Frying    SFDA Provides Five Tips for Using Home Blood Pressure Monitor    SFDA: Instant Soup Contains Large Amounts of Salt    Mawani: New shipping service to connect Jubail Commercial Port to 11 global ports    Custodian of the Two Holy Mosques Delivers Speech to Pilgrims, Citizens, Residents and Muslims around the World    Sheikh Al-Issa in Arafah's Sermon: Allaah Blessed You by Making It Easy for You to Carry out This Obligation. Thus, Ensure Following the Guidance of Your Prophet    Custodian of the Two Holy Mosques addresses citizens and all Muslims on the occasion of the Holy month of Ramadan    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



Rufayah Chemicals to build $500m hydrocarbon resin complex in Jubail
Published in The Saudi Gazette on 12 - 12 - 2016

Sadara Chemical Company and Rufayah Chemicals Company (RCC), a Saudi-downstream company, have recently signed a long-term partnership agreement through which Sadara will supply RCC with Aromatics Concentrate (Pygas) and Pyoil, generated from cracking naphtha, to be used by RCC in a new chemical complex planned for PlasChem Park, a collaborative effort between Sadara and the Royal Commission for Jubail and Yanbu (RCJY). The supply agreements will cover a period of 20 years.
The RCC chemical complex will have a total investment of about $500 million, and will utilize the feedstock obtained from Sadara and potentially other liquid crackers in Saudi Arabia, to produce a wide-range of downstream chemical products such as hydrocarbon resin, isoprene, pure DCPD, Aromatic Solvents, Premium Wash Oils and other products. Once complete, RCC expects to manufacture 12 different downstream products with an overall production capacity of more than 350 KTA. The complex is projected to be on-stream in December 2020.
Mohammad Alazzaz, Director of Value Park, Sadara, said: "We are delighted that RCC has selected PlasChem Park as the site for one of the largest hydrocarbon resin plants in the world, and certainly the biggest undertaking in PlasChem Park thus far. The new RCC plant will produce unique specialty chemicals that will serve the growing specialty chemicals industry in the Kingdom and the wider MENA region, filling a gap in local manufacture and supply."
Alazzaz added: "We have been proud to work with the RCC team, which is composed of entrepreneurial Saudis with a strong determination to create value in Saudi Arabia. RCC will collaborate with a leading technology provider and producer of Hydrocarbon Resins to implement the necessary technology. We see significant opportunities to enable more local production in the specialty sector, reducing reliance on imported materials especially in applications such as specialty plastics, oil and gas chemicals, construction material, water treatment, home/personal care, comfort market, and other applications."
Fawaz AlShora, General Manager, RCC, said "for the past three years, RCC has been developing this project to be one of the most well-integrated complexes in the world for the production of hydrocarbon resins and various other products, all of which resemble a great contribution to the downstream chemicals industry in the Kingdom of Saudi Arabia. The implementation of this project will convert underutilized existing raw material streams into value added specialty chemicals and products. The synergy created between Naphtha crackers, such as Sadara's Mixed Feed Cracker and other liquid crackers in Saudi Arabia, and the Rufayah chemical complex allows a very dynamic and efficient model to capitalize on available raw materials through sustainable value addition."
RCC is a local Saudi company established by Global Company for Downstream Industries (GDI) specifically for the utilization of Pygas and Pyoil and the production of hydrocarbon resins, among other downstream products in Saudi Arabia.
Prince Nayef Bin Sultan Bin Mohammed Bin Saud Al Kabeer, GDI Chairman, said "the Rufayah complex aligns perfectly with the overall strategies of the Kingdom, diversifying the Kingdom's production portfolio, and promoting further downstream opportunities. Hydrocarbon resins alone are a key component in the adhesives industry, paints and coatings sector, inks manufacturing, and rubber compounded products. Other products such as premium wash oils, aromatic solvents, and naphthalene will substitute local imports by providing them on a next-door basis, with quality and services exceeding the current imported products."
PlasChem Park is a 12 km2 industrial park in Jubail Industrial City II, dedicated to downstream chemical and conversion industries. PlasChem Park is a key element differentiating Sadara from other petrochemical, chemical and plastics manufacturing projects in Saudi Arabia. It is uniquely positioned to enable and support downstream opportunities in many market segments, including the hydrocarbon resin cluster, ethylene oxide/propylene oxide (EO/PO) cluster, polyurethane cluster and a plastics cluster. These clusters are designed to attract diversified investments into PlasChem Park for downstream applications such as the production of oil and gas chemicals, construction materials, auto components, animal feed, paints and coatings, as well as home and personal care products.


Clic here to read the story from its source.