Yansab to start full commercial production on March 1

15-Feb-10

Yanbu National Petrochemical Co (Yansab) has announced plans to start full commercial production at all its units on March 1, the biggest and first output addition of 2010. Since its inception four years ago, Yansab, 51% owned by Saudi Basic Industries Corp., has spent about 18.9 bln riyals (UA$5.04 bln) in the petrochemical complex, with a total production capacity of about 4 mln tpa, including 900,000 tpa of polyethylene, 400,000 tpa of polypropylene and 700,000 tpa of monoethylene glycol.