Sadara Basic Services Company, which is fully-owned by Sadara Chemical Company, said on Monday that Saudi Arabia’s ministry of petroleum agreed tocontinue supplying its project with fuel and feedstock until Nov. 30, 2015.
The company will utilize ethane, dry gas, refinery naphtha, and other refinery liquids sourced from Saudi Aramco and third parties to manufacture its products, according to its statement to the Saudi bourse, Tadawul.
Sadara Chemical Company is a $20 billion joint venture between Saudi Aramco and The Dow Chemical Company aimed at establishing and operating a global petrochemical complex in Jubail Industrial City.
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