Yanbu National Petrochemical Company
Saudi Arabian company
From Wikipedia, the free encyclopedia
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.
 | |
| Type | Joint stock |
|---|---|
| ISIN | SA000A0HNF36  |
| Industry | Petrochemical |
| Founded | February 11, 2006 |
| Headquarters | 23°58′57″N 38°15′45″E, , |
Key people | Faisal Al Suwailem (Chairman)[1] Mohammed Bazaid (CEO)[2] |
| Products | Ethylene, Propylene, Mono Ethylene Glycol, Diethylene glycol, Ethylene glycol, Polypropylene, Linear low-density polyethylene, High-density polyethylene, 1-Butene, 2-Butene, MTBE, Benzene |
| Revenue | 1,653,435,000 Saudi riyal (2019) |
| Total assets | 18,070,407,000 Saudi riyal (2019) |
| Website | http://www.yansab.com.sa |
Yansab is expected to employ 1,500 people in phase I and phase II[3].
SABIC owns 55% of YANSAB capital. SABIC affiliates Ibn Rushd and Tayef hold 10% of Yansab capital. 35% of Yansab is public stocks.[4]
Fluor Arabia is the main U&O contractor on the Yansab project[5].
