The project is a joint venture between Saudi Kayan Petrochemical Co. and Clariant International to build a plant inside Kayan complex in Jubail to manufacture Alkoxylates with an output capacity of 120,000 tpa.
Alkoxylates is a derivative of ethylene oxide. It is used in paints, detergents, drilling slurries and paper industries. Kayan produces 40,000 tpa of Alkoxylates.
The project is aligned with SABIC's strategy to open new growth opportunities in specialty chemicals. The plant will produce high performance materials by merging SABIC's unique ULTEM and NORYL resins, and its families of LNP compounds and copolymers with Clariant’s additives.
Saudi Basic Industries Corporation (SABIC) owns 59.99 percent stake in the project, by virtue of SABIC's stakes in Saudi Kayan and Clariant International.