Sabic ships first acetone load to India
S
etting a record for initial acetone shipment from the Middle East is Sabic affiliate Saudi Kayan Petrochemical Company (Saudi Kayan) that exported 1,600 tonnes of the chemical, which is a part of the phenolic chain used to make methyl methacrylate (MMA), PC, solvents, adhesives and paints, to Indian customers. With a capacity of 140,000 tonnes/year, the Al Jubail plant, besides catering to the export market, will be also supply to Saudi Kayan to produce high-value PC.
The giant new petrochemical complex at Jubail, will, when completed, have a combined capacity of more than 5.5 million tonnes/year of petrochemical products, some of which will feed further downstream business growth in Saudi Arabia.
Sabic owns 35% of Saudi Kayan, with 20% owned by Al-Kayan Petrochemical Company, and 45% by public shareholders.
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