Saudi private-sector firm Sipchem (60%) and US chemicals firm LyondellBasell (40%) announced on 27 February that they have been awarded a feedstock allocation from Saudi Arabia’s Ministry of Energy for their planned “world-scale mixed feed cracker complex.”
The planned Jubail complex will have capacity to produce 1.5mn t/y of ethylene and 1.8mn t/y of derivatives, serving both local and international markets. The development supports the ongoing joint feasibility study for the project. (CONTINUED - 154 WORDS)