Monday 21 April 2014
 
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Saudi Kayan

Saudi Kayan swings to Q3 net profit

Saudi Kayan Petrochemical said it has registered a net profit of SR43.3 million ($11.55 million) in the third quarter compared to a net loss of SR178.4 million in the same period last year.   A unit of Saudi Basi

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Saudi Kayan restarts glycol plant

Saudi Kayan Petrochemical Co (Saudi Kayan) has brought its ethylene oxide/ethylene glycol plant back into operation after scheduled maintenance and will soon restart other shuttered plants, it said on Saturday. The unit of Saudi B

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Saudi JV to build world’s largest butanol plant

Saudi Kayan, Sadara Chemical and Saudi Acrylic Acid Company (SAAC) have joined forces to establish a new company, which will build the first butanol plant in the Middle East and the largest in the world. The Saudi Butanol Company,

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Sabic affiliates to build new petchem plant

  Two affiliates of Saudi Basic Industries Corp (Sabic) have signed initial deals to build an ultra-high molecular-weight polyethylene (UHMWPE) plant in Jubail, Saudi Arabia's major industrial hub, Saudi Kayan said on Monday.

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Jacobs clinches major Saudi Kayan contract

Jacobs Engineering Group said it has clinched a major contract from Saudi Kayan Petrochemical Company to develop a process design package (PDP) and front end engineering design (Feed) package for its upcoming plant in the Kingdom. Kay

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Saudi Kayan plants start commercial operations

Saudi Kayan Petrochemical Company, a unit of Saudi Basic Industries Corporation (Sabic), said it is starting commercial operations at most of its plants on Saturday. Saudi Kayan has an annual production capacity of over 4 million tonnes of

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Kayan, Sinopec to build $130m plant

Saudi Kayan Petrochemical, a unit of Saudi Basic Industries Corp, signed a SR488 million ($130 million) contract with China's Sinopec to build a natural alcohol plant in Saudi Arabia, Kayan said on Tuesday. 'Kayan signed on Monday

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Saudi Industrial eyes Petrochem merger

Saudi Industrial Investment Group (SIIG) plans to merge with its unit National Petrochemical Co (Petrochem) and will build a $1.2 billion petrochem complex in 2012, its top executive said. SIIG currently owns 50 percent of Petrochem and pr

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Saudi Kayan makes first acetone export

Saudi Kayan Petrochemical Company (Saudi Kayan) has shipped its first export production of acetone from its Jubail complex to India. Saudi Kayan is an affiliate of Saudi Basic Industries Corporation (Sabic). Acetone, a part of the

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Saudi Kayan in bid to secure $2.4bn loan

Petrochemical firm Saudi Kayan is trying to secure loans from one or several banks to cover a SR9 billion ($2.4 billion) rise in the cost of its plants. 'It is expected that the gross cost of the project will rise by approximately 24 p

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