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Kayan and Petrokemya form jv to build UHMW-PE complex

3:16 AM MST | December 24, 2012 | Natasha Alperowicz

Saudi Kayan (Jubail, Saudi Arabia), a Sabic affiliate, on Sunday signed a memorandum of understanding with Petrokemya, a Sabic subsidiary, to form a joint venture to build a previously announced ultra high molecular weight polyethylene (UHMW-PE) plant. The equally-owned jv will construct the 35,000 m.t./year plant at Kayan’s site at Jubail. Kayan will be the operator of the facility. The expected start up date is the second half of 2014. The parties will share all the costs associated with the project. Jacobs Engineering is the engineering contractor. Sabic...

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