Yanbu National Petrochemical Company
 | |
| Joint stock | |
| Industry | Petrochemical |
| Founded | 2006 |
| Headquarters | Coordinates: 23°58′57″N 38°15′45″E / 23.98250°N 38.26250°E, Yanbu, Saudi Arabia |
Key people |
Mutlaq Al-Morished (Chairman) Osama Bashaikh (President) |
| Products | Ethylene, Propylene, Mono Ethylene Glycol, Diethylene glycol, Ethylene glycol, Polypropylene, Linear low-density polyethylene, High-density polyethylene, 1-Butene, 2-Butene, MTBE, Benzene |
| Website | http://www.yansab.com.sa |
Yansab is the most recent SABIC, (Saudi Basic Industries Corp), affiliate in Saudi Arabia, and will be the largest Sabic petrochemical complex. It will have 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.[1]
Fluor Arabia is the main U&O contractor on the Yansab project.