Saudi International Petrochemical Co. (Sipchem) has commenced the initial start-up of the ethylene-vinyl acetate (EVA) film plant run by its subsidiary Saudi Specialized Products Co. (SSPC). Sipchem’s affiliate owns 75% of SSPC, while South Korean firm Hanwha Chemical Corporation Korea owns 25%.
The initial start-up will continue till the completion of testing and ensuring the efficiency of the plant equipment. Total estimated cost of the project is SR150 million; with annual production capacity of 4,000 tonnes. The EVA film plant for manufacture of solar panels is located in the industrial zone of Hail.
EVA film is used for thin film solar photovoltaic module production. EVA film is selected to be the most optimum material for the encapsulation and it is widely used for solar cell encapsulation and perceived to be the most operating-friendly and cost effective material for solar cell glass encapsulation. The financial impact will be calculated at the commercial start-up. The date of the commercial start-up will be announced later along with any other developments, said Sipchem.
(PRA)