Yansab
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Yansab is the most recent SABIC affiliate in Saudi Arabia and will be the Sabic largest petrochemical complex with an annual capacity exceeding 4 million metric tons (MT) of various petrochemical products including: 1.3 million MT 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.
This will create promising job opportunities for Saudis. Yansab uses the latest world-class state-of-the-art technologies in its plants, including SABIC license-owned technologies such as the new high-tech process of converting aromatic compounds to benzene and the production of polyethylene.
SABIC owns 55% of YANSAB capital.
SABIC affiliates Ibn Rushd and TAYEF hold 10% of Yansab capital.
35% of Yansab is public stocks.