Sadara Signs Cooperation Agreement for Automotive Cluster
Sadara Chemical Company signed a cooperation agreement with Saudi National Automobiles Manufacturing Company (SNAM). Sadara will work with companies in SNAM’s automotive manufacturing cluster in PlasChem Park and find third-party investors to use its chemical and plastic products. The cluster is under development in partnership with the Royal Commission for Jubail and Yanbu. The Park will include downstream chemical and conversion industries and span over 1 million square meters. Companies such as Sadara will provide products for companies to use in local automotive manufacturing.