NatPet to start Saudi PP, PDH units in late July

10 June 2008 15:14  [Source: ICIS news]

SINGAPORE (ICIS news)--Saudi Arabia's National Petrochemical Industrial Co (NatPet) expects to start up its  polypropylene (PP) and propane dehydrogenation (PDH) project in the second half of July, a source close to the project said on Tuesday.

The project at  Yanbu, which was originally scheduled to start up in January 2008, was postponed due to "construction and equipment installation delays" which are being overcome, the source added.

The company will produce copolymers in addition to homopolymers, using Basell's Spheripol technology. Propylene for the 400,000 tonne/year PP plant will be procured from the PDH plant of the same capacity at Yanbu.

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.

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By: Prema Viswanathan
+65 6780 4359



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