SABIC plans second EG plant at Jubail Industrial City

Saudi Basic Industries Corp. (SABIC), Riyadh, reported that its United Petrochemical Co. subsidiary plans to construct a new 625,000 tonne/year ethylene glycol plant at its Jubail Industrial City plant site in Saudi Arabia. The new plant is expected to go on stream by yearend 2005.

Oct. 16, 2003

By OGJ editors

HOUSTON, Oct. 16 -- Saudi Basic Industries Corp. (SABIC), Riyadh, reported that its United Petrochemical Co. subsidiary plans to construct a new 625,000 tonne/year ethylene glycol plant at its Jubail Industrial City plant site in Saudi Arabia. The new plant is expected to go on stream by yearend 2005.

A second EG plant with a capacity of 575,000 tonnes/year is already under construction at the site, and SABIC plans to announce construction contracts for the newer plant later this year.

SABIC announced earlier this year the acquisition of $1.154 billion in financing for the new plant (OGJ Online, Jan. 9, 2003).