A major project at SABIC’s Teesside plant will secure the long-term future of the business, says the new man in charge.
Site director John Bruijnooge and work work to upgrade the firm’s Olefins Cracker at Wilton had already created hundreds of construction jobs and would safeguard thousands more across Teesside.
SABIC is converting the plant to take US shale gas, which is far cheaper than naphtha, the raw material currently used.
Work is also under way to complete the build of a cryogenic tank at the company’s North Tees site, between Port Clarence and Seaton Carew, as part of an import terminal for the project.
Bruijnooge, who is based at SABIC’s UK manufacturing HQ in the Wilton Centre, said: “After a series of years of restructuring and downsizing, SABIC is now reinvesting to secure the long term life of its assets.
“With our new shale gas feedstock, we will be well positioned to face competition when the oil price rises again.”
SABIC employs around 600 staff and an additional 400 contractors at Wilton.