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PlasChem Parks to be constructed in Jubail & Yanbu II

April 24/2012
(zawya) -- The Royal Commission for Jubail and Yanbu is planning to construct two PlasChem Parks in Jubail and Yanbu Industrial Cities II to provide numerous industrial services such as products packaging to all new refineries, petrochemical, and downstream plants to be built in those areas.

PlasChem Parks are to attract the plastic downstream conversion industries, to house the downstream chemical manufacturers, and to provide common services & facilities.

The parks will generate more employment (up to 6 times) than the upstream industry, making low investments, compared to upstream petrochemical investments. They will bridge the economic gap between petrochemicals and the key demand sectors (automotive, packaging, and construction), and provide easy access to European and Asian end markets.

Author:Anna Larionova
Tags:car components, construction, packaging.
Category:General News
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