Saudi International Petrochemical Company (Sipchem) has started construction work on two new plants being built under its Phase III expansion program.
Petrochemicals
Saudi Kayan starts commercial operations at most plants
Saudi Kayan Petrochemical Company, a unit of Saudi Basic Industries Corporation (Sabic), announced that it started commercial operations at most of its plants in Jubail Industrial City.
SABIC and Britain explore greater cooperation
Saudi Basic Industries Corp.(SABIC) discussed pursuing new ventures for investments, during a recent visit by a senior British delegation.
According to a new report by National Commercial Bank (NCB), Saudi Arabia has 62 petrochemicals projects valued at around US$63 billion and is set to produce 32 per cent more petrochemicals by 2015.
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