FINANCIAL NEWS

Kayan petrochemical complex to operate in Q3

18 Jul 2010

(MENAFN) Officials at Saudi Kayan Petrochemicals Co said that the company expects to start trial operations at its petrochemicals complex’s main units in the third quarter of this year, Reuters reported.

Kayan, located in Jubail and a unit of Saudi Basic Industries Corporation (Sabic), said that pre-commissioning work at the complex was on schedule.

The company had said in April the complex’s main facility – an ethylene cracker – would start operations in the second half of this year with other units to follow slowly through in 2012.

It is worth mentioning that the city of Jubail is home to a petrochemicals hub on the Gulf coast of top oil exporter Saudi Arabia.

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