SABIC, Kayan Saudi chem JV to start up in 2009
26 February 2007 09:52 [Source: ICIS news]
AL-JUBAIL (ICIS news)--SABIC’s and Kayan Petrochemical’s diversified chemicals joint venture complex in Saudi Arabia is scheduled to come online in August 2009, a source close to the project said late on Sunday.
The project, called Saudi Kayan Petrochemical, will produce more than 4m tonnes/year of diversified chemicals.
Over 80% of the output is expected to be exported with
“More than 80% of the output is expected to be exported as the market for these products, especially specialty chemicals, is limited at the moment in the
SABIC and Kayan Petrochemical hold 35% and 20% stakes in the joint venture respectively while the remaining 45% is due to be floated through an initial public offering (IPO) during 2007. Marketing of the products will be undertaken by SABIC, the source said.
The complex will annually produce 100,000 tonnes of ethanolamines, 50,000 tonnes of dimethyl formamide, 40,000 tonnes of ethoxylates, 20,000 tonnes of choline chloride and 40,000 tonnes of acetone.
It will house a 1.3m tonne/year ethane-butane mixed feed cracker, the first of its kind in
There will also be a 240,000 tonne/year bisphenol-A (BPA) unit and a 260,000 tonne/year polycarbonate line. A 280,000 tonne/year cumene-phenol unit will provide the feedstock for the BPS/acetone plant.
The cumene-phenol plant will receive 100,000 tonnes/year of propylene feedstock from the cracker, the source added.
The remaining 450,000 tonnes/year of propylene will feed a 350,000-450,000 tonne/year polypropylene plant at the same site along with a 700,000 tonne/year polyethylene facility.
The complex will also include a 530,000 tonne/year monoethylene glycol plant.
By: Prema Viswanathan
+65 6780 4359
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