SAUDI ARABIA

Shell to Buy all of SADAF's Ethanol 

According to an announcement by US Shell, its US chemical subsidiary has agreed to take the entire annual output of crude industrial ethanol - some 100mn gallons a year - which will be produced at the new Jubail petrochemical plant by the Saudi Petrochemical Company (SADAF), a 50/50 joint venture between the Saudi Basic Industries Corporation (SABIC) and Pecten Arabia, an affiliate of US Shell. The volume to be purchased by Shell...