22 November 2012 10:41 [Source: ICIS news]
SINGAPORE (ICIS)--Saudi Kayan Petrochemical's first low density polyethylene (LDPE) film parcel from its Al Jubail plant will arrive in Asia by the end of the month, a source close to the company said on Thursday.
“There will be about a couple of hundred tonnes [of LDPE film] arriving in Singapore,” the source said, adding that the volumes will then be dispatched to Vietnam and China.
About half of the production output from Saudi Kayan's LDPE unit in Saudi Arabia will be allocated for Asia, while the rest will head to growing markets like Africa, the source said.
Saudi Arabia chemicals major SABIC owns a 35% stake in Saudi Kayan Petrochemical, while Al-Kayan Petrochemical holds a 20% stake in the company.
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