Dec 09 2011 |
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Jubail Chevron Phillips Chemical complex set for commercial production
JEDDAH: Commercial production at the integrated Saudi Polymers Company ( SPCo ) petrochemicals complex in Jubail is expected to start in the first quarter of 2012.
Chevron Phillips Chemical Company has congratulated SPCo and its joint venture partner, National Petrochemical Company , on completion of construction work at the SPCo joint venture's manufacturing facility.
Final commissioning and testing activities continue with a priority on ensuring safe and reliable operations.
In addition to direct sales in the local Saudi market, the company will serve world markets outside the Kingdom through its exclusive distributor, Gulf Polymers Distribution Company, utilizing Chevron Phillips Chemical's global marketing network.
SPCo is a limited liability company incorporated in the Kingdom that is owned 65 percent by National Petrochemical Company (Petrochem), a joint-stock company incorporated in the Kingdom and 35 percent by Arabian Chevron Phillips Petrochemical Company (ACP), a wholly-owned subsidiary of Chevron Phillips Chemical.
Chevron Phillips Chemical is one of the world's top producers of olefins and polyolefins and a leading supplier of aromatics, alpha olefins, styrenics, specialty chemicals, plastic piping and polymer resins.
© Arab News 2011
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