Saudi Kayan Petrochemical opens SR 6.75 billion IPO

04-May-07

Saudi Kayan Petrochemical Company opened its SR 6.75 billion IPO in Saudi Arabia. SAUDI KAYAN, located in Al-Jubail Industrial City, will have an annual production capacity exceeding 5.6 million tons of petrochemical and chemical products. The company's product profile includes Polymers (HDPE, LDPE and PP), Basic Chemicals (Ethylene and Propylene), Intermediate (EG) and Specialty (Polycarbonates, Ethanolamines, Ethoxylates, Dimethyl Formamide, Choline Chloride, Bisphenol A and Acetone).