Saudi Aramco’s Sadara JV with US petchems firm Dow has signed a 20-year deal to sell feedstock to local start-up Rufayah Chemicals, which plans to build a resins-focused petrochemical complex at Jubail on the Saudi Gulf coast.

The Rufayah plant will be built within the PlasChem Park, a 12km2 industrial area being developed alongside the Sadara petrochemicals complex. The new agreement takes to five the number of supply agreements that Sadara has signed with companies building plants within the park. (CONTINUED - 627 WORDS)