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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