Saudi Polymers will bring online its new integrated polyolefins complex in Jubail, Saudi Arabia, within a month, pending ongoing safety checks, as per Platts.
The complex is built around an ethane/propane-based steam cracker, with the capacity to produce 1.165 mln tpa of ethylene and 445,000 mln tpa of propylene. The entire olefins production is slated for captive use. Downstream from the steam cracker, Saudi Polymers has a 1.1 mln tpa of high density polyethylene plant, a 400,000 mln tpa of polypropylene plant and a 200,000 tpa polystyrene plant at the new complex. The entire complex is expected to start around the same time, led by the steam cracker and followed shortly after by the downstream units.
Saudi Polymers is a joint venture between Arabian Chevron Phillips Petrochemical Company Limited (35%) and National Petrochemical Company or Petrochem (65%). ACP is a wholly-owned subsidiary of Chevron Phillips Chemical Company, while Petrochem a joint stock company fully owned by the Saudi Industrial Investment Group.
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