13 May 2010 09:05 [Source: ICIS news]
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.
To discuss issues facing the chemical industry go to ICIS connect
For the latest chemical news, data and analysis that directly impacts your business sign up for a free trial to ICIS news - the breaking online news service for the global chemical industry.
Get the facts and analysis behind the headlines from our market leading weekly magazine: sign up to a free trial to ICIS Chemical Business.
|ICIS news FREE TRIAL|
|Get access to breaking chemical news as it happens.|
|ICIS Global Petrochemical Index (IPEX)|
|ICIS Global Petrochemical Index (IPEX). Download the free tabular data and a chart of the historical index|
Asian Chemical Connections