Yanbu National Petrochemical Company (Yansab) شركة ينبع الوطنية للبتروكيماويات | |
Type: | Joint stock |
Location City: | Yanbu |
Location Country: | Saudi Arabia |
Key People: | Yousef A. Al-Benyan (Chairman)[1] Mohammed Bazaid (CEO)[2] |
Industry: | Petrochemical |
Products: | Ethylene, Propylene, Mono Ethylene Glycol, Diethylene glycol, Ethylene glycol, Polypropylene, Linear low-density polyethylene, High-density polyethylene, 1-Butene, 2-Butene, MTBE, Benzene |
Homepage: | http://www.yansab.com.sa |
Yansab is a SABIC, affiliate company in Saudi Arabia, and is the largest SABIC petrochemical complex. It will has 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.[3]
Fluor Arabia is the main U&O contractor on the Yansab project.