Sadara Chemical, Dow Chemical's (DOW) JV with Saudi Aramaco, secures loan facilities worth...


Sadara Chemical, Dow Chemical's (DOW) JV with Saudi Aramaco, secures loan facilities worth ~$10.5B to support construction of a $19.3B petrochemical complex at Jubail in Saudi Arabia. Dow expects Sadara to deliver EBITDA margins of 35%-40% and a stream of equity earnings for Dow averaging $500M/year during the first 10 years following start-up, scheduled for 2015.

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