Saudi Kayan seen starting up cracker in 2010 - sources

13 May 2010 09:05  [Source: ICIS news]

SINGAPORE (ICIS news)--Saudi Kayan Petrochemical is expected to start up its new 1.5m tonne/year gas cracker in Al Jubail, Saudi Arabia, within this year, market sources said on Thursday.

A key official from Saudi Basic Industries Corp (SABIC), which has a 35 percent stake in the company, had earlier said that the bulk of the derivative facilities at the same site would start up in phases from end-2010 to 2011.

The 5 m tonnes/year of chemicals to be produced at the Saudi Kayan complex include 700,000 tonnes/year of polyethylene (PE) and 350,000 tonnes/year of polypropylene (PP), according to data from the company website.

Al-Kayan Petrochemical Company holds a 20% share in Saudi Kayan while the remaining 45% stake is publicly held.

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By: Peh Soo Hwee
+65 6780 4359



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