Prince Khalid bin Salman and US counterpart discuss over phone prospects for defense cooperation    Saudi Arabia highlights long standing relationship with UNESCO during Executive Board meeting    Princess Haifa: Sporting events draw 14 million tourists with SR22 billion spending in 2024    Average life expectancy in Saudi Arabia rises to 78.8 years    Hajj Ministry sets April 29 as last date for departure of Umrah pilgrims    TASI recoups losses, records highest close since December 2024    Dar wa Emaar hosts annual Eid Al Fitr community celebration with residents at Saraya Al Narjis in Riyadh    6.8 million people travel via four Saudi airports during 2025 Umrah season    Ithra to showcase its art collection at Riyadh Art Week    Israeli protesters urge Netanyahu to secure hostage deal during meeting with Trump    Palestinian teen died in Israeli prison after suffering 'likely prolonged malnutrition', autopsy finds    Saudi U-17s qualify for 2025 FIFA World Cup after win over Thailand    Saudi Arabia imposes SR100,000 fine on Hajj and Umrah firms for not reporting visa overstays    US defends tariffs on remote island of penguins and seals    The Seven Dogs wraps filming in Riyadh with a budget exceeding $40 million    Trump's crackdown on university protests is casting a long shadow    Benzema rescues Al Ittihad with stoppage-time equalizer in thrilling Jeddah Derby    Al Qadsiah and Al Ettifaq share spoils in tense Eastern Derby stalemate    Moussa Diaby praises Al Ittihad's resilience after Jeddah Derby draw "When you can't win, you take a point"    Riyadh Art Week launches with over 50 galleries showcasing global artistic dialogue    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    King Salman prays for peace and stability for Palestinians in Ramadan message King reaffirms Saudi Arabia's commitment to serving the Two Holy Mosques and pilgrims    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.



Exxon, Sabic launch bids for rubber plant in Jubail
Published in The Saudi Gazette on 19 - 11 - 2009

KHOBAR - ExxonMobil Chemical and Saudi Basic Industries Corp (Sabic) have launched bids for the first package of their synthetic rubber project in Jubail, two sources at contractors said.
The due date for storage tanks and spheres bids is Nov. 27.
The plant will be located in Kemya, itself a joint-venture petrochemical plant between ExxonMobil and Sabic.
Spheres are pressurized tanks used for gases in their liquefied forms while tanks are atmospheric and used for petroleum, petrochemicals storage.
The other packages consist of a metyl tertiary butyl ether (MTBE) plant and a halobutyl rubber plant, two contractors said adding that they expect to receive invitations to bid for these packages soon.
ExxonMobil and Sabic first announced plans to build elastomers plants at their joint ventures in Yanbu and Jubail last year.
The combined value of the project, which will have a production capacity of about 400,000 tons per year of carbon black, rubber and speciality polymers is estimated at $5 billion, Marc Granier vice-president of ExxonMobil Chemical in Saudi Arabia said last month.
The implementation of the project, which would serve the tire industry in Saudi Arabia, awaits a final investment decision by 2010 or 2011, Granier said.
ExxonMobil has more than doubled its global halobutyl capacity since 1995. It sees itself as a major supplier of halobutyl rubber to the global tire industry, according to its website.
ExxonMobil did not respond to e-mailed questions and Sabic's spokesman declined to comment.
Meanwhile, China's huge demand for petrochemicals will partly be met by a new major petrochemical complex that will come on stream in the first quarter of 2010, but this is not expected to create ripples in the regional markets, industry sources said on Wednesday.
The project in Tianjin, northern China - a joint venture between petrochemical giants Sabic and Sinopec - is expected to produce 3.2 million tons/year of chemical products.
The $2.7 billion complex comprises a 1 million ton/year ethylene cracker and eight downstream units. Other products will include polyethylene (PE), ethylene glycol (EG), polypropylene (PP), butadiene (BD), phenol and butene-1.
China's ethylene imports in the first nine months totaled 786,880 tons.


Clic here to read the story from its source.