Yansab
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Yansab is the most recent SABIC, (Saudi Basic Industries Corp), affiliate in Saudi Arabia, and will be the Sabic largest petrochemical complex. It will have 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.
Fluor Arabia is the main contractor who work in Yansab project.
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