SABIC affiliates ink initial deals to build UHMWPE plant in Jubail

26-Dec-12
Saudi Kayan and Petrokemya - two affiliates of Saudi Basic Industries Corp (SABIC) have signed initial deals to build an ultra-high molecular-weight polyethylene (UHMWPE) plant in Jubail, as per Reuters. Both the affiliates will equally own and finance the project, located at Kayan's petrochemicals complex. The plant will have production capacity of 35,000 tpa and is expected to start production in H2-2014. The plant would use ethylene from Saudi Kayan’s olefins plant.
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