SOURCE: Industrial Info Resources

Industrial Info Resources

November 12, 2010 05:00 ET

Jubail Chemical's Saudi Epoxy Resins Expansion Under Way, an Industrial Info News Alert

SUGAR LAND, TX--(Marketwire - November 12, 2010) - Researched by Industrial Info Resources (Sugar Land, Texas) -- Jubail Chemical Industries Company (Al Jubail, Saudi Arabia) is under way with an expansion on its epoxy resins unit at Jubail Industrial City. The current production capacity is 60,000 metric tons per year. When the expansion is complete, the production capacity will double to 120,000 metric tons per year. The increased capacity should bode well for Jubail Chemical, as the company is the only producer of epoxy resins in the Middle East-North Africa region. The unit is fitted with Huntsman Corporation (NYSE:HUN) (The Woodlands, Texas) process technology. Huntsman is considered among the "big three" epoxy resin producers in the world, along with Dow Chemical Company (NYSE:DOW) (Midland, Michigan),and Momentive Specialty Chemicals Incorporated (Columbus, Ohio), which prior to last month, was known Hexion Specialty Chemicals Incorporated.

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