Yansab's $4.9bn plant set to launch

13 July 2009

Saudi Arabia' monarch, King Abdullah will inaugurate Yanbu National Petrochemicals Company's (Yansab) complex today, Reuters has reported. The $4.93bn complex has a production capacity of about 4 million tonnes, and its main products include ethylene, ethylene-glycol propylene and polyethylene. Saudi Basic Industries Corp. (SABIC) owns a 51% stake in the project.

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