NatPet delays Saudi PP, no new deadline available

17 December 2007 10:10  [Source: ICIS news]

SINGAPORE (ICIS news)--Saudi Arabia’s National Petrochemical Industrial Co (NatPet) has "slightly postponed" the start-up of its 400,000 tonne/year polypropylene (PP) due to a construction delay, a source close to the project said on Monday.

“However, an update on the new production deadline is not yet available,” the source said.

The project at Yanbu was originally scheduled to start up by the end of this year or in January.

Propylene feedstock for the 400,000 tonne/year PP plant would come from the propane dehydrogenation (PDH) plant with the same capacity at the complex.

The company will produce copolymers in addition to homopolymers, where the PP plant is using Basell’s Spheripol technology.

The primary investors in the NatPet complex are Saudi Arabia's Alujain Corp and Xenel Group.

Noble Resources, a global supply chain manager of polymer resins, is also an investor in the project.

By: Prema Viswanathan
+65 6780 4359

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