Sadara Chemical Company, and SADIG Industries and ILCO Chemicals (SADIG-ILCO), a Saudi-German joint venture focused on the manufacture of a wide range of specialty chemicals, have signed long-term agreements, through which Sadara will supply feedstock chemicals to SADIG-ILCO’s future chemical manufacturing facility in Jubail’s PlasChem Park. This 20-year contract follows a successful primarily agreement that was signed previously between the companies.
The new agreements were signed by Sadara’s CEO Dr. Faisal Al-Faqeer, SADIG Industries’ managing director Ahmed Alubaid and ILCO Chemicals’ technical executive officer Dr. Corvin Volkholz, during a formal ceremony at Sadara’s Business Complex, in Jubail Industrial City, in the presence of Dr. Abdulrahman Alubaid, co-founder of SADIG Industries, and Turki Al-Mady, Dussur’s chief investments officer.