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Sadara, Dows joint venture in Al-Jubail announced shutting down indefinitely this morning

Posted on 4/12/26 at 4:01 pm
Posted by Trevaylin
south texas
Member since Feb 2019
10994 posts
Posted on 4/12/26 at 4:01 pm
Dows largest complex started up 7-8 years ago announced its shutting down this morning. Source is an insider located in Al- Jubail Saudi Arabia.

Sadara a 10-12 billion dollar complex had not been a real money maker for Dow, I suspect do to Saudi overhead expenses.

Equate, Dow's other big joint venture in Kuwait is likely not operating for a while.

Polyethylene and oxide derivatives are going to go through the roof. Basic chemicals that will drive inflation.
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