Sadara participates with 59 localization opportunities in iktva 2022

During its participation in the sixth forum and exhibition of Aramco’s In-Kingdom Total Value Add (iktva) program, Sadara Chemical Company presented 59 opportunities to localize purchases, with a total value of more than 4.8 billion riyals.

This will be for the next five years in the fields of chemicals and equipment and spare parts,

The event was held from January 24 to 26at the Dhahran International Exhibition and Convention Center in Dhahran.

The company reviewed a number of opportunities and initiatives in the field of localizing purchases and attracting investments in the chemical and transformational industries complex “PlasChem”, which is intended to be localized by taking advantage of the ethylene oxide and propylene oxide pipelines.

They are essential elements in enabling and manufacturing many important applications for the Kingdom in a number of major manufacturing industries. Such as oil and gas chemicals, construction materials, detergents, home and personal care products, water treatment chemicals, mining chemicals, packaging and coating applications, and pharmaceuticals, animal feed, and other applications.

The CEO of Sadara Chemical Company, Dr. Faisal Al- Faqeer said that Sadara’s active participation in the iktva Forum and Exhibition 2022 comes within the pillars of its strategic plan and initiatives “to empower and localize the industry and contribute to enhancing local content to achieve the objectives of the Kingdom’s Vision 2030.”