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SABIC to take decision on Ibn Rushd by year-end

October 20/2010

(Arabian Oiland Gas) -- Saudi Basic Industries Corporation (SABIC) is expected to take a decision regarding the expansion of Arabian Industrial Fibers Company (Ibn Rushd), located in Yanbu, Red Sea coast of the Saudi Kingdom, by the year end, according to Mohammed Al-Madi, CEO of the company.

 

Ibn Rushd"s complex in Yanbu produces aromatics, purified terephthalic acid, which is used in making polyester, and polyester staples. After the expansion, Ibn Rushd"s PTA capacity would rise to 700,000 t/y from the current 350,000 t/y.


The expansion will also raise output capacity of polyethylene terephthalate to 750,000 tp/ from 330,000 t/y.

 

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SABIC to take decision on Ibn Rushd by year-end

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