IHS Chemical Week

World News and Views :: Projects

Export-Import Bank approves $5-billion loan, its biggest ever, to Sadara

1:57 AM MDT | October 2, 2012 | Natasha Alperowicz

The US Export-Import Bank (Washington) has approved a direct loan worth $5 billion towards Sadara Chemical Co.’s $20 billion petrochemical complex now under construction at Jubail II, Saudi Arabia. Sadara is a joint venture between Saudi Aramco and Dow Chemical. It will allow close to 70 US companies to export US goods and services to Sadara, the bank says. The loan is the biggest in the bank’s history and will support more than 18,000 American jobs across 13 states, says Fred Hochberg, Ex-Im Bank president.   The previously announced project is...

This information is only available to Chemical Week subscribers.


Forgot your user ID or password?
Click here to have it sent to you.

Not an IHS Chemical Week member yet?

Here's why you should be:

  • 31 issues of Chemical Week magazine in print or digital format
  • Critical daily news and analysis on chemweek.com
  • Free mobile edition 
  • 20+ years of online archives
  • Topical e-newsletters that capture the most impactful events
  • Special issues with a regional or company focus
  • Global Outlook issue

Subscribe now

100% Satisfaction Guarantee
If at any time you are not completely satisfied with IHS Chemical Week, simply notify us and we'll refund the balance of your paid subscription - no problem.

Learn more about group subscriptions and site licenses.


contact us | about us | customer care | privacy policy | sitemap | advertise

ihsCopyright © 2015 IHS, Inc. All rights reserved. Reproduction in whole or in part without permission is prohibited.

North Asia Russia Southeast Asia China India/Pakistan Middle East Eastern Europe Western Europe Central America Canada USA Australia/New Zealand South America Africa