Gulf Oil and Gas accountACCOUNT

Kemya Signs Agreements with Continental Carbon

Source: www.gulfoilandgas.com 5/15/2011, Location: Middle East

Saudi Basic Industries Corporation (SABIC) and ExxonMobil Corporation’s 50/50 joint-venture partner, Al-Jubail Petrochemical Company (KEMYA), signed a long-term technology licensing agreement with Continental Carbon Company for its production technology related to the construction and operation of a new greenfield carbon black plant at KEMYA’s petrochemical complex at Al-Jubail, Saudi Arabia.

KEMYA and Continental Carbon Company have also signed a long-term product off-take agreement in addition to the technology license. Under terms of the agreement, Continental Carbon will market part of the production of the new KEMYA carbon black plant to serve the local and international tire industry.

Continental Carbon Company is one of the world’s prominent carbon black manufacturers and its production technology has been successfully demonstrated in operating plants all over the world. Continental Carbon also has relationships with customers globally, making it well-positioned to market the KEMYA carbon black. Continental Carbon continues to grow its carbon black business globally, including this venture with respected leaders in the chemical industry.

The final decision to implement the carbon black project requires the approval of KEMYA’s Board of Directors.

Engineering News in Saudi Arabia >>

Saudi Arabia >>  4/15/2019 - The Saudi Arabian Oil Company (Saudi Aramco) and Hyundai Heavy Industries Holdings today announced that they have reached an agreement for Saudi Aramc...
Qatar >>  4/12/2019 - McDermott International, Inc. (MDR) announced a large* contract award from Qatargas for engineering, procurement, construction and installation (EPCI)...

Saudi Arabia >>  4/5/2019 - McDermott International has signed a Joint Venture Agreement with Zamil Offshore to target the Maintenance, Modifications and Operations (MMO) market ...
Saudi Arabia >>  4/1/2019 - Subsea 7 has announced the award of two contracts from Saudi Aramco for Conventional projects in shallow water offshore Saudi Arabia. ...

Saudi Arabia >>  3/21/2019 - McDermott International, Inc. has been awarded a substantial* contract award from a Middle East customer for engineering, procurement, construction an...

Related Categories: Consultancy  Engineering  FEED  General  Maintenance and Repair  Process Technology Licensing  Production Engineering  Project & Resource Management 

Related Articles: Consultancy  Engineering  FEED  General  Maintenance and Repair  Process Technology Licensing  Production Engineering  Project & Resource Management 


Saudi Arabia Oil & Gas 1 >>  2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 | 14 | 15 | 16 | 17 | 18 |

Oil & Gas Projects in Saudi Arabia >>

More News

Related Links

AE BH IL IQ JO KW LB OM QA SA SY YE
Gulf Oil and Gas
Copyright © Universal Solutions All rights reserved. - Terms of Service - Privacy Policy.