Poly­buty­lene tereph­tha­late plant of Sipchem com­mences pro­duc­tion

Oil and Gas - - REGIONAL NEWS -

Saudi In­ter­na­tional Petro­chem­i­cal Com­pany (Sipchem) has an­nounced that the poly­buty­lene tereph­tha­late (PBT) plant, owned by Sipchem Chem­i­cal Com­pany, an af­fil­i­ate of Sipchem, has com­menced com­mer­cial op­er­a­tions. The plant is lo­cated in Jubail In­dus­trial City. The PBT plant per­for­mance tests were com­pleted suc­cess­fully en­sur­ing ef­fi­ciency, ca­pac­ity and prod­uct qual­ity. The fi­nan­cial im­pact of full com­mer­cial op­er­a­tions will be re­flected in the com­pany fi­nan­cial re­sults as of the third quar­ter of 2018. The to­tal pro­duc­tion ca­pac­ity of the PBT plant is 63,000mtpa. PBT is a high spe­cialty ther­mal en­gi­neer­ing poly­mer used in many ap­pli­ca­tions, such as for car man­u­fac­tur­ing, elec­tri­cal/ elec­tronic prod­ucts, and en­gi­neer­ing plas­tic.

Eng. Ah­mad Al-Ohali, CEO of Sipchem, com­mented that the com­mer­cial op­er­a­tion of the PBT plant, the first of its kind in the Mid­dle East, is an im­por­tant step in Sipchem’s ex­pan­sion and growth strat­egy. The ad­di­tion of the PBT plant will al­low Sipchem to fur­ther re­alise the ben­e­fit of its in­te­grated pack­age of prod­ucts and will strengthen the added value chain. The PBT plant uses bu­tane­diol pro­duced by In­ter­na­tional Diol Com­pany, an af­fil­i­ate of Sipchem, as the feed ma­te­rial for pro­duc­ing PBT. Sipchem owns 100 per cent of the cap­i­tal of Sipchem Chem­i­cal Com­pany.

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