Yanbu National Petrochemical Company

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Yanbu National Petrochemical Company (Yansab)
شركة ينبع الوطنية للبتروكيماويات
Type Joint stock
Industry Petrochemical
Founded 2006
Headquarters Coordinates: 23°58′57″N 38°15′45″E / 23.98250°N 38.26250°E / 23.98250; 38.26250, Yanbu, Saudi Arabia
Key people Mutlaq Al-Morished (Chairman)
Osama Bashaikh (President)
Products Ethylene, Propylene, Mono Ethylene Glycol, Diethylene glycol, Ethylene glycol, Polypropylene, Linear low-density polyethylene, High-density polyethylene, 1-Butene, 2-Butene, MTBE, Benzene
Website http://www.yansab.com.sa

Yansab is the most recent SABIC, (Saudi Basic Industries Corp), affiliate in Saudi Arabia, and will be the largest Sabic petrochemical complex. It will have 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.

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.[1]

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

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