Sadara funding underway with US Exim loan

Saudi Arabia’s Sadara Chemical Company has signed a $4.975bn loan with Export-Import Bank of the United States (US Exim).

  • 01 Oct 2012

Proceeds will be used to finance US exports to help build a petrochemical complex in Jubail Industrial City in Saudi Arabia.

US Exim’s loan is part of a multi-billion dollar project for Sadara. The company — a joint venture between Dow Chemicals and Saudi Aramco — approached commercial ...

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