25 February 2008 02:38 [Source: ICIS news]
The plant is expected to produce 455,000 tonnes/year of propylene, the statement said.
Company CEO Khalifa bin Abdellatif Molhim said the plant employs a Catofin process from Lummus Novolen Technology, which allows for the conversion of the feedstock into propylene through a series of chemical and physical operations.
The propylene produced has a purity of 99.5%, which will be transferred to the second plant, he said.
The second plant, to produce 450,000 tonnes/year of polypropylene (PP), will start production in a few days, Khalifa said.
APPC is 53% owned by Saudi Arabian and foreign investors, with foreign investment accounting for close to 15%. The remaining 47% is owned by the state-run Saudi Industrial Development Fund.
For more on C3 and PP visit ICIS chemical intelligence
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