SABIC and ExxonMobil to work on feasibility study for expansion at Yanbu and Jubail

06-Nov-06

Saudi Basic Industries Corporation (SABIC) and ExxonMobil Chemical have embarked upon a joint feasibility study to define a potential project to expand their two joint petrochemical ventures at Yanbu and Jubail. The project, if it goes through, will lay emphasis on production of carbon black, rubber and thermoplastic specialty polymers like EPDM, TPO, Butyl, SBR/PBR. Startup of the project is expected by 2011 and the output is expected to meet demand from the emerging local as well as international markets. The project would utilize feedstocks allocated by the Ministry of Petroleum & Mineral Resources of the Kingdom of Saudi Arabia, and additional feedstocks from other sources in the Kingdom that will be processed at Saudi Yanbu Petrochemical Company (YANPET) in Yanbu and Al-Jubail Petrochemical Company (KEMYA) in Jubail.