Sadara Chemical Co. on Dec. 9 signed an agreement with Paris-based Veolia Middle East SAS to build and operate a sustainable industrial waste to energy plant in PlasChem Park, Sadara said in a statement.
No more details were mentioned about the deal value.
Under the design-build-operate contract, Veolia will convert industrial waste to energy, process Sadara’s industrial waste, and recover energy to produce steam, cooled water and compressed air from the industrial complex.
Located adjacent to the Sadara Chemical Complex, PlasChem Park is a collaborative effort between Sadara and the Royal Commission for Jubail and Yanbu (RCJY) in Jubail Industrial City II.
Sadara is 65 percent owned by Aramco and 35 percent by Dow Chemicals, according to data available on Argaam.
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