Advanced Petrochemical to Invest $1.6B to Build Three New Plants in Saudi Arabia

Saudi-based Advanced Petrochemical Company has signed several agreements worth $1.62 billion to fund the construction of three new plants at Jubail Industrial City II. The scope of work includes development of a propane dehydrogenation plant with a total annual capacity of 843,000 tonnes, as well as a polypropylene facility (800,000 tonnes) and an isopropanol facility (70,000 tonnes).