We noticed you're blocking ads.

Keep supporting great journalism by turning off your ad blocker.

Questions about why you are seeing this? Contact us

Font Size

- Aa +

Sat 27 Feb 2010 03:31 PM

Font Size

- Aa +

Saudi, Huntsman launch $288m petchem complex

Plant starts at a production capacity of 27,215 tonnes per annum.

Saudi, Huntsman launch $288m petchem complex
PETCHEM COMPLEX: Ethylene amines are used in various applications. (Getty Images)

Huntsman Corp and Saudi family-owned conglomerate Zamil Group on Saturday started production at joint-venture plant that will add 6.5 percent to global ethylene amines supply, state media said.The 50-50 partners spent 1.08 billion riyals ($288 million) to build the plant owned by Arabian Amines Co, the official SPA news agency reported.

The plant starts at a production capacity of 27,215 tonnes per annum but it can be increased to 41,000 tonnes. The product will be marketed by Huntsman in Asia and Europe.

Ethylene amines are used in various applications including asphalt, fuel additives, bleaches, corrosion inhibitors and fabric softeners. (Reuters)

Arabian Business: why we're going behind a paywall

For all the latest energy and oil news from the UAE and Gulf countries, follow us on Twitter and Linkedin, like us on Facebook and subscribe to our YouTube page, which is updated daily.