Saudi Arabia's Oil Ministry has allocated more natural gas to Saudi Kayan Petrochemical Co for it to expand ethylene production at its petrochemical complex in Jubail, the company said on Sunday.
The ministry has allocated the affiliate of Saudi Basic Industries Corporation ( SABIC ) an extra 10 million cubic feed a day (scfd) of ethane from July 1, Kayan said in a bourse statement.
The extra gas will allow it to raise ethylene production capacity by at least 93,000 tonnes a year and ethylene oxide capacity by 61,000 tonnes a year by the second quarter of 2017, it said.