Yanbu National Petrochemical Company Explained

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.

External links

Notes and References

  1. Web site: Yansab - Board of Directors.
  2. https://www.argaam.com/en/article/articledetail/id/597952 Yansab names Mohammed Bazaid as new CEO
  3. Web site: SABIC - SABIC homepage.