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Yanbu National Petrochemical Company (Yansab) شركة ينبع الوطنية للبتروكيماويات
Company type
Joint stock
ISIN
SA000A0HNF36
Industry
Petrochemical
Founded
February 11, 2006; 18 years ago (February 11, 2006)
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.
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.[3]
Fluor Arabia is the main U&O contractor on the Yansab project.
^"Yansab - Board of Directors".
^Yansab names Mohammed Bazaid as new CEO
^"SABIC - SABIC homepage".
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