Saudi Sipchem targets Q3 start-up for EVA/LDPE project

11 June 2013 14:18  [Source: ICIS news]

LONDON (ICIS)--Saudi International Petrochemical (Sipchem) said on Tuesday that its 200,000 tonne/year ethylene vinyl acetate (EVA) and low density polyethylene (LDPE) project at Jubail Industrial City is now scheduled to start up in the third quarter of 2013.

Previously, project start-up had been expected for the fourth quarter.

In a regulatory filing, Sipchem also said that it obtained long-term loan financing from Saudi Arabia’s Public Investment Fund for the project.


By: Stefan Baumgarten
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