Brussels -- Solvay is to form a joint venture with Sadara to build a hydrogen peroxide plant in Saudi Arabia, the chemical company said in a 28 July announcement.
Solvay said it has the intention to create a 50/50 joint venture with Sadara Chemical Co. - the planned joint venture between Saudi Arabian Oil Co (Saudi Aramco) and the Dow Chemical Co. - for the construction and operation of hydrogen peroxide plant in Jubail Industrial City, Saudi Arabia.
The plant is intended to supply hydrogen peroxide as a raw material for the manufacture of propylene oxide (PO) by Sadara at its world-scale, fully integrated chemicals complex.
Solvay said it will use its proprietary, high-yield hydrogen peroxide technology for the plant. It added that its advanced hydrogen peroxide to propylene oxide (HPPO) technology makes it possible to reduce both the capital intensity and the environmental footprint of PO production compared to conventional production technologies.
The proposed hydrogen peroxide "megaplant" in Saudi Arabia will be Solvay's third. The Belgian company currents operates a 230 ktpa megaplant in Antwerp, Belgium and is commissioning a 330 ktpa megaplant in Map Ta Phut, Thailand.
Dow and Saudi Aramco announced the planned formation of Sadara on 25 July 2011. The Sadara chemicals complex will comprise 26 manufacturing units and have flexible cracking capabilities.
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