Sadara signed a Memorandum of Understanding (MoU) with Gulf Interchem, a Bahrain-based technology company, for a by-products upgrade project based in Plas Chem Park, a collaborative industrial park between Sadara and the Royal Commission for Jubail and Yanbu (RCJY) in Jubail Industrial City II.
Under the terms of the non-binding agreement, Gulf Interchem will build an integrated treatment plant to recover valuable molecules from Sadara by-products and convert them into fine chemicals that can be used in the production of specialty chemicals such as corrosion inhibitors, adhesives, lubricants and others. According to Mohammad Al-Azzaz, Director of Value Park, Sadara, the company will continue to explore further opportunities for the other by-product streams that will be produced by the Sadara Chemical Complex.