January 14, 2019 / 9:26 AM / 4 months ago

Saudi Arabia plans $2 billion solar and carbon black complex: official

ABU DHABI (Reuters) - Saudi Arabia plans to develop a $2 billion solar and carbon black integrated complex in partnership with China’s Longi and South Korea’s OCI, a Saudi official said.

A feasibility study for the solar and carbon project will be completed by mid-2019, said Tariq Baksh, vice president, chemicals and renewables program, at Saudi Arabia’s National Industrial Clusters Program.

He was speaking to reporters on the sidelines of a conference in Abu Dhabi.

Carbon black is produced from heavy petroleum products.

Reporting by Stanley Carvalho; writing by Davide Barbuscia; editing by Jason Neely

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below