Saudi Kayan Petrochemical
officially started up its new LDPE line in Al Jubail on 29 September 2012, according to a press release issued by the Riyadh stock exchange. Construction of the 300,000 t/y plant began in 2007 – see Plasteurope.com of 19.02.2007
. The plant is currently in trial operations and will gradually ramp up output to reach on-spec production.
Saudi Kayan, which already operated integrated PE, PP and PC lines at the site, is a listed joint venture that is part of the group of companies surrounding Sabic
(Riyadh / Saudi Arabia; www.sabic.com
), which owns 35% of its shares. Another major shareholder in Kayan
(20%), with the remaining 45% of shares floating freely.