Saudi Arabias National Petrochemical Company (Petrochem) has announced the startup of its Saudi Polymers Company project in Jubail Industrial City
Petrochem's integrated petrochemicals complex will be built around an ethane-propane mix gas cracker and will have the capacity to produce 1.165 million mt/year of ethylene and 445,000 mt/year of propylene.
The project will involve a 400,000 mt/year polypropylene plant and a 100,000 mt/year 1-Hexane plant, while the site's entire olefins production has been slated for captive use.
"The facility has been scheduled for completion by 2013 and will produce 50,000 tonnes/year of nylon and 20,000 tonnes/year of nylon compound," said Chevron Phillips Chemical Company chief executive officer Peter Cella.
Saudi Polymers is owned 65 per cent by Petrochem and 35 per cent by Arabian Chevron Phillips Petrochemical Company Limited; the latter will market the polymer in the region, as well as across markets in Europe and Asia.
"The company has a conversion capacity of 120,000 tonnes/year to make a whole array of downstream products such as high pressure pipes, drip irrigation systems, automotive fittings and electrical fittings," added Cella.
