Product category:
Oil, Gas, Petrochemical Industry News
News Release from: SABIC
Edited by the Processingtalk Editorial
Team on 24 April 2006
Further projects by Yansab in Saudi
Arabia
Yansab has signed a letter of intent with Shaw Stone and Webster for the design, supply and construction of a plant for 135k mtpa Butene and 250K mtpa of benzene, toluene and xylene mixtures
SABIC affiliate Yanbu National Petrochemical Company (Yansab), has signed a Letter of Intent with Shaw Stone and Webster for the design, supply and construction of a Butene Plant with a designed annual capacity of 135K metric tons of Butene and 250K mtpa of benzene, toluene and xylene mixtures at the Yansab complex, in Yanbu, Saudi Arabia Eng Abdulrahman Al-Fageeh, President Yansab, signed the LOI for Yansab
This article was originally published on Processingtalk on 18 Jul 2003 at 8.00am (UK)
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Mr Ebrahim Fatemizadeh, President - Energy and Chemical signed the LOI on behalf of Shaw Stone and Webster.
Mohamed Al-Mady, SABIC Vice Chairman and CEO said, "This LOI completes the contractual process for all of the Yansab plants which are expected to go on-stream by 2008, with an annual capacity exceeding 4mtpa.
This includes 1.3 mtpa of ethylene; 400,000 mtpa of propylene; 900,000 mtpa of polyethylene, 770,000 mtpa of ethylene glycol; 500,000 mtpa and 400,000 mtpa of polypropylene alongside butane, benzene, xylene and toluene mixtures.
"This large annual capacity will further enhance the SABIC position among the world's largest petrochemical companies and strengthen its competitive and leading capabilities in the global markets".
He further pointed out that the complex will utilize SABIC and Sud Chemie 50:50 owned Scientific Design Ethylene Glycol (EG) technology as well as Butene-1 cutting-edge technology developed by SABIC in cooperation with the French Petrol Institute.
This is in addition to totally new hi-tech facilities for the production of High Density Polyethylene (HDPE), comprising the latest state-of-the-art manufacturing process to meet customer tailored requirements.
This technology is being introduced for the first time in SABIC plants in parallel with a new technology for the extraction and conversion of pure aromatic compound to benzene.
SABIC owns 55% of Yansab shares.
SABIC partners in its Ibn Rushd affiliate own a further 10% with the remaining 35% being owned by Saudi citizens.
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