Ex-Im Bank OKs 'Record-Breaking' Loan In Support of Sadara's Jubail Complex

摘要

Washinston-The U.S. Export-Import Bank (Ex-Im Bank), in what it referred to as its "largest job-supporting authorization to date," has approved a $4.975-billion direct loan to Sadara Chemical Co. for its $20-billion petrochemical complex in Jubail, Saudi Arabia (PCN, 6 Aug 2012, p 1). Sadara, an equally-owned venture of Saudi Aramco and Dow Chemical, is building a complex comprised of 26 processing units to produce more than 3-million t/y of petrochemicals and plastics starting in 2016.