September 09, 2026 [Oil Price]- Dow is considering selling its reported 35% stake in Sadara Chemical Company, a $20 billion petrochemical joint venture with Saudi Aramco in Jubail, Saudi Arabia. No final decision has been made, with Aramco and other strategic or financial investors potentially interested. The possible exit comes amid a prolonged global chemicals downturn, overcapacity, high costs and conflict-related disruptions. Sadara was temporarily shut earlier in 2026 due to supply disruptions. The complex has 26 plants capable of producing more than 3 million tonnes/year of chemicals and performance plastics. Dow reported a $793 million negative investment balance in Sadara as of June 30, 2026.

Read the full story on Oilprice.com.

TankTerminals.com is a market research platform with not only manager-level contact details but also logistical, operational, infrastructural and shipping data of more than +11,000 tank terminals and +6,420 production facilities worldwide.