Chevron Phillips Chemical announced that Saudi Polymers Co. (SPCo) and its joint-venture partner, National Petrochemical Co. (Petrochem), have started commercial production at their polymers manufacturing facility in Jubail, Saudi Arabia.
The integrated SPCo petrochemicals complex includes world-class operating units that are capable of producing Ethylene (1,220 kmta), Propylene (440 kmta), Polyethylene (1,100 kmta), Polypropylene (400 kmta), Polystyrene (200 kmta) and 1-Hexene (100 kmta).
In addition to direct sales to serve local Saudi demand, SPCo will manufacture products to serve growing world demand outside the Kingdom through its exclusive distributor, Gulf Polymers Distribution Company, utilizing Chevron Phillips Chemical’s global marketing network, said a company statement.
SPCo is a limited liability company incorporated in the Kingdom of Saudi Arabia that is owned 65 per cent by Petrochem, a joint-stock company incorporated in the Kingdom of Saudi Arabia and 35 per cent by Arabian Chevron Phillips Petrochemical Company (ACP), a wholly-owned subsidiary of Chevron Phillips Chemical.
