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Al-Mady inspects YANPET & YANSAB facilities

13
Jan '07
Mohamed H. Al-Mady, Vice Chairman & CEO – SABIC
Mohamed Al-Mady, Saudi Basic Industries Corporation (SABIC) Vice Chairman & Chief Executive Officer (CEO) conducted a tour of inspection at SABIC affiliates Saudi Yanbu Petrochemical Company (YANPET), the Arabian Industrial Fibers Company (IBN RUSHD) and National Gas Industrial Gases (GAS).

He also visited SABIC's newest affiliate, the Yanbu National Petrochemical Company (YANSAB) and its construction works which are well underway in accordance with world-class highest technologies.

During the tour Al-Mady was accompanied by Yousef Al-Zamel, Vice President Basic Chemicals, Dr. Abdulrahman Al-Ubaid, Vice President Polymers and Khaled Al-Mana, Vice President Intermediates.

Al-Mady inspected the works progress at the YANSAB construction site which is expected to be completed before the end of this year.

The complex is scheduled to go on-stream and begin commercial production next year to further strengthen SABIC's leading position among the world's largest petrochemical companies and boost its contributions to national Saudi development plans.

Al-Mady explained that the YANSAB complex will add a total annual capacity exceeding four million tons of petrochemical products, including 1.3 million tons of ethylene, 400K tons of propylene, 900K tons of polyethylene, 400K tons of polypropylene, 770K tons of Ethylene Glycol, in addition to 250K tons of Benzene, Xylene and Toluene mixtures, and 100K tons of (butene-1), (butene-2).

Saudi Basic Industries Corporation


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