07 October 2011 18:03 [Source: ICIS news]
LONDON (ICIS)--The start-up process at Saudi Kayan's new polycarbonate (PC) plant at the Jubail Industrial City is well underway and progressing smoothly, a source at the major Saudi Arabia PC producer said on Friday.
"Limited quantities of PC are now available at the plant and interested parties are welcome to inquire through our sales team," the source said.
The plant will have a nameplate capacity of 260,000 tonnes/year of different PC grades. A date has not been fixed for the opening yet but it is planned to be fully operational by next year.
Competitors said they were worried that there might be a price war once the new plant is fully set up, but the company said it will always sell at the going market rate.
"Our products will be sold at the market price, whatever value PC will have at the time we release our product on the market," the source said.
PC is a type of high-specification engineering plastic, suitable for moulding and with a high resistance. Typical applications include automobiles, CDs and DVDs, electronic casings, returnable milk bottles, lighting and greenhouses.
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