This project will be located at the PlasChem Park in Saudi Arabia. The project involves the construction of a sustainable central utilities facility, located adjacent to the Sadara Chemical Complex. PlasChem Park is a collaborative effort between Sadara and the Royal Commission for Jubail and Yanbu (RCJY) in Jubail Industrial City II. The central utilities will incinerate industrial wastes and recover the heat from this process. Client has signed a memorandum of understanding (MOU) with Paris-based Veolia Middle East SAS to build the plant. This MOU provides a long-term waste management solution for the client and creates an opportunity for Veolia to build a utility plant that includes waste management and waste energy facilities at PlasChem Park. Investment and development of the project will be made, while Sadara will act only as facilitator to the project’s success and has agreed to transfer waste products to the plant. The project will also enable Veolia to manage a substantial portion of Sadara’s waste streams. The central utilities “island” will incinerate industrial wastes and recover the heat from this process to produce a usable steam by-product. This will act as an incentive to attract PlasChem Park investors, providing their proposed manufacturing plants with third-party steam at an attractive price. Additionally, the Veolia facility will produce cooled water and compressed air, which will also be made available to PlasChem Park tenants for industrial use. This new utilities facility will implement environmentally responsible principles of the ‘Circular Economy’, a international economic model that keeps resources in use for as long as possible, extracting maximum value and then recovering and regenerating additional products and energy.