Yanbu_National_Petrochemical_Company

Yanbu National Petrochemical Company

Yanbu National Petrochemical Company

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Yansab is a SABIC, affiliate company in Saudi Arabia, and is the largest SABIC petrochemical complex. It will has an annual capacity exceeding 4 million metric tons (MT) of petrochemical products including: 1.3 million MT (metric-tons) of ethylene; 400,000 MT of propylene; 900,000 MT of polyethylene; 400,000 MT of polypropylene; 700,000 MT of ethylene glycol; 250,000 MT of benzene, xylene and toluene, and 100,000 MT of butene-1 and butene-2.

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Yansab is expected to employ 1,500 people in phase I and phase II.

SABIC owns 55% of YANSAB capital. SABIC affiliates Ibn Rushd and Tayef hold 10% of Yansab capital. 35% of Yansab is public stocks.[3]

Fluor Arabia is the main U&O contractor on the Yansab project.

References

  1. [1]
    "Yansab - Board of Directors".
  2. [2]
    Yansab names Mohammed Bazaid as new CEO
  3. [3]
    "SABIC - SABIC homepage".
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