18 April 2012 09:41 [Source: ICIS news]
SHANGHAI (ICIS)--Saudi Kayan Petrochemical plans to begin commercial production at its new 300,000 tonne/year low density polyethylene (LDPE) unit at Al Jubail in ?xml:namespace>
Output from the new LDPE unit will be marketed globally, said Khaled al-Mana, the company's executive vice president for polymers, at the sidelines of Chinaplas, a four-day exhibition that opens in
“Part of the LDPE exports from the plant will be targeted at
Demand growth for polymers, including PE, will average about 6% in 2012 – above the projected growth of global GDP – with growth in
Saudi Arabia chemicals major SABIC owns a 35% stake in Saudi Kayan Petrochemical, while Al-Kayan Petrochemical holds a 20% stake. The remaining 45% is held by public shareholders.
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